Price for Air or Gas Liquefier in Tanzania - 2022

Contents:

  1. Price for Air or Gas Liquefier in Tanzania (CIF) - 2022
  2. Price for Air or Gas Liquefier in Tanzania (FOB) - 2022
  3. Imports of Air or Gas Liquefier in Tanzania
  4. Exports of Air or Gas Liquefier in Tanzania

Price for Air or Gas Liquefier in Tanzania (CIF) - 2022

In 2022, the average air or gas liquefier import price amounted to $208,200 per unit, picking up by 540% against the previous year. In general, the import price recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 2,603% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($646,215 per unit), while the price for Spain ($137 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+61.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Air or Gas Liquefier in Tanzania (FOB) - 2022

In 2022, the average air or gas liquefier export price amounted to $608 per unit, falling by -9.3% against the previous year. Overall, the export price showed a pronounced downturn. The pace of growth appeared the most rapid in 2013 an increase of 785% against the previous year. Over the period under review, the average export prices reached the maximum at $171,285 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($1,189 per unit), while the average price for exports to Comoros totaled $27 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Comoros (+112.1%).

Imports of Air or Gas Liquefier in Tanzania

In 2022, after two years of decline, there was significant decline in purchases abroad of machinery for liquefying air or gases, when their volume decreased by -42.9% to 12 units. Over the period under review, imports recorded a abrupt setback. The smallest decline of -4.5% was in 2020. Imports peaked at 22 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, air or gas liquefier imports soared to $2.5M in 2022. Overall, imports, however, continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Air or Gas Liquefier in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.11434701,790658.6%
India64.913.826.4646115.1%
United Kingdom4.62.17.753.3126.3%
South Africa29.04.66.25.4-42.9%
Germany11.90.41.01.6-48.8%
Turkey1.60.15.21.3-6.7%
United Arab Emirates2.10.30.40.3-47.7%
SpainN/AN/AN/A0.10%
Belgium1.80.20.6N/A-42.3%
Austria1.90.20.4N/A-54.1%
France1.40.20.2N/A-62.2%
Australia0.40.10.1N/A-50.0%
Others53692.4165N/A-44.5%
Total6602576832,49855.8%

Top Suppliers of Air or Gas Liquefier to Tanzania in 2022:

  1. China (5.0 units)
  2. Turkey (1.0 units)
  3. South Africa (1.0 units)
  4. United Arab Emirates (1.0 units)
  5. India (1.0 units)
  6. United Kingdom (1.0 units)
  7. Germany (1.0 units)
  8. Spain (1.0 units)

Exports of Air or Gas Liquefier in Tanzania

In 2022, approx. 2 units of machinery for liquefying air or gases were exported from Tanzania; with a decrease of -33.3% compared with the previous year. Overall, exports continue to indicate a deep downturn. Over the period under review, the exports hit record highs at 3 units in 2021, and then dropped notably in the following year.

In value terms, air or gas liquefier exports dropped rapidly to $1.2K in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 378% against the previous year. As a result, the exports attained the peak of $2K, and then dropped remarkably in the following year.

Export of Air or Gas Liquefier in Tanzania (USD)
COUNTRY202020212022CAGR,
2020-2022
Kenya4111,8801,18970.1%
Comoros6.051.027.0112.1%
United States4.0N/AN/A0%
PakistanN/A80.0N/A0%
OthersN/AN/AN/A0%
Total4212,0111,21670.0%

Top Export Markets for Air or Gas Liquefier from Tanzania in 2022:

  1. Kenya (1.0 units)
  2. Comoros (1.0 units)

Source: IndexBox Market Intelligence Platform

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