Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Tanzania - 2022
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Tanzania (CIF) - 2022
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Tanzania (FOB) - 2022
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Tanzania
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Tanzania
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Tanzania (CIF) - 2022
The average import price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $2,107 per ton in 2022, stabilizing at the previous year. In general, the import price showed a pronounced decrease. The growth pace was the most rapid in 2014 an increase of 12% against the previous year. The import price peaked at $4,440 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 ($4,502 per ton), while the price for China ($2,045 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.4%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Tanzania (FOB) - 2022
The average export price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $1,990 per ton in 2022, jumping by 18% against the previous year. Over the period under review, the export price saw slight growth. The most prominent rate of growth was recorded in 2013 an increase of 78% against the previous year. Over the period under review, the average export prices reached the maximum at $3,700 per ton in 2014; however, from 2015 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 Rwanda ($2,080 per ton), while the average price for exports to Burundi ($1,351 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+9.2%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Tanzania
In 2022, imports of aluminium; alloys, bars, rods and profiles, other than hollows into Tanzania surged to 2.9K tons, growing by 89% compared with the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows soared to $6M in 2022. In general, imports, however, saw a relatively flat trend pattern.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 6.2 | 2.8 | 5.5 | 5.4% |
| Turkey | 0.3 | 0.2 | 0.1 | 0.2 | -12.6% |
| United Arab Emirates | 0.7 | 0.1 | 0.1 | 0.1 | -47.7% |
| Others | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Total | 6.1 | 6.7 | 3.2 | 6.0 | -0.5% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Tanzania in 2022:
- China (2666.6 tons)
- Turkey (78.0 tons)
- United Arab Emirates (46.4 tons)
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Tanzania
Exports of aluminium; alloys, bars, rods and profiles, other than hollows from Tanzania reduced to 51 tons in 2022, dropping by -8.7% compared with 2021. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 940% against the previous year. As a result, the exports attained the peak of 55 tons, and then dropped in the following year.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows expanded markedly to $101K in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 824% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 13.2 | 7.8 | 41.5 | 88.9 | 88.8% |
| Burundi | 4.3 | 0.2 | 26.5 | 7.1 | 18.2% |
| Malawi | 17.1 | 1.3 | 1.9 | 4.0 | -38.4% |
| Democratic Republic of the Congo | 12.1 | 0.8 | 5.3 | N/A | -33.8% |
| Zambia | 0.6 | N/A | 13.3 | N/A | 370.8% |
| Others | 3.2 | N/A | 4.6 | 0.6 | -42.8% |
| Total | 50.6 | 10.1 | 93.1 | 101 | 25.9% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Tanzania in 2022:
- Rwanda (42.8 tons)
- Burundi (5.2 tons)
- Malawi (2.4 tons)
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