Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Tanzania - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Tanzania (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Tanzania (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Tanzania
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Tanzania
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Tanzania (CIF) - 2022
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $1,153 per ton in 2022, reducing by -74.8% against the previous year. In general, the import price showed a mild setback. The growth pace was the most rapid in 2021 when the average import price increased by 211%. As a result, import price attained the peak level of $4,574 per ton, and then contracted rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,902 per ton), while the price for Bahrain ($137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Tanzania (FOB) - 2022
In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $5,419 per ton, leveling off at the previous year. Over the period under review, the export price recorded a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($6,805 per ton), while the average price for exports to Zambia ($2,882 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 Kenya (+34.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Tanzania
For the fourth consecutive year, Tanzania recorded growth in supplies from abroad of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses, which increased by 1,545% to 82 tons in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses soared to $95K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.1 | 0.1 | 0.2 | 65.9 | 770.2% |
| China | 1.3 | 2.1 | 7.5 | 24.3 | 165.4% |
| Denmark | N/A | N/A | N/A | 2.1 | 0% |
| Bahrain | N/A | 0.1 | N/A | 0.2 | 41.4% |
| South Korea | 0.9 | 0.7 | 0.7 | N/A | -11.8% |
| Others | 1.2 | 3.2 | 14.5 | 2.6 | 29.4% |
| Total | 3.6 | 6.2 | 22.9 | 95.1 | 197.8% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Tanzania in 2022:
- United Arab Emirates (73.0 tons)
- China (4.9 tons)
- Denmark (1.8 tons)
- Bahrain (1.5 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Tanzania
After two years of decline, shipments abroad of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses decreased by -50% to 1.5 tons in 2022. Over the period under review, exports recorded a abrupt setback.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses shrank remarkably to $8.1K in 2022. Overall, exports, however, continue to indicate measured growth.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1.5 | N/A | 12.7 | 6.1 | 59.6% |
| Zambia | 4.5 | N/A | 3.1 | 1.5 | -30.7% |
| Comoros | 1.2 | N/A | 0.4 | 0.4 | -30.7% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 7.3 | N/A | 16.3 | 8.1 | 3.5% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Tanzania in 2022:
- Democratic Republic of the Congo (898.0 kg)
- Zambia (519.0 kg)
- Comoros (66.0 kg)
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