Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Tanzania - 2022

Contents:

  1. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Tanzania (CIF) - 2022
  2. Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Tanzania

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Tanzania (CIF) - 2022

In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $92,667 per ton, rising by 544% against the previous year. Over the period under review, the import price continues to indicate significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the UK ($124,000 per ton), while the price for France totaled $77,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+321.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Tanzania

For the third consecutive year, Tanzania recorded decline in supplies from abroad of alcohols; aromatic and derivatives, other than benzyl alcohol, which decreased by -98.2% to 3 kg in 2022. Overall, imports faced a sharp reduction. The smallest decline of -54.5% was in 2021.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol fell dramatically to $278 in 2022. Over the period under review, imports faced a sharp setback. The smallest decline of -66.3% was in 2020.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A0.1N/A0.241.4%
United Kingdom0.60.1N/A0.1-45.0%
Kenya13.94.81.6N/A-66.1%
Oman6.32.20.7N/A-66.7%
Others0.70.20.1N/A-62.2%
Total21.57.32.40.3-75.9%

Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Tanzania in 2022:

  1. France (2.0 kg)
  2. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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