Price for Aluminium; Tubes and Pipes in Tanzania - 2022
Contents:
- Price for Aluminium; Tubes and Pipes in Tanzania (CIF) - 2022
- Price for Aluminium; Tubes and Pipes in Tanzania (FOB) - 2022
- Imports of Aluminium; Tubes and Pipes in Tanzania
- Exports of Aluminium; Tubes and Pipes in Tanzania
Price for Aluminium; Tubes and Pipes in Tanzania (CIF) - 2022
In 2022, the average aluminium; tubes and pipes import price amounted to $3,967 per ton, with an increase of 10% against the previous year. In general, the import price, however, recorded a noticeable downturn. The growth pace was the most rapid in 2014 an increase of 68%. As a result, import price attained the peak level of $6,076 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
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 South Africa ($6,283 per ton), while the price for the United Arab Emirates ($2,386 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in Tanzania (FOB) - 2022
In 2022, the average aluminium; tubes and pipes export price amounted to $5,000 per ton, falling by -64.2% against the previous year. In general, the export price faced a abrupt downturn. The growth pace was the most rapid in 2015 when the average export price increased by 239% against the previous year. As a result, the export price attained the peak level of $48,484 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +241.9% per year.
Imports of Aluminium; Tubes and Pipes in Tanzania
In 2022, approx. 151 tons of aluminium; tubes and pipeses were imported into Tanzania; rising by 17% compared with 2021 figures. In general, imports, however, saw a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 42%.
In value terms, aluminium; tubes and pipes imports soared to $599K in 2022. Overall, imports, however, continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year.
Import of Aluminium; Tubes and Pipes in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 168 | 114 | 189 | 329 | 25.1% |
India | 320 | 81.3 | 78.4 | 202 | -14.2% |
Belgium | 0.9 | 0.7 | 0.2 | 24.6 | 201.2% |
South Africa | 15.6 | 2.0 | 12.3 | 19.3 | 7.4% |
Croatia | N/A | 50.8 | N/A | 9.3 | -57.2% |
United Arab Emirates | 60.4 | 27.8 | 98.4 | 7.6 | -49.9% |
Others | 70.8 | 51.3 | 85.5 | 7.5 | -52.7% |
Total | 636 | 328 | 464 | 599 | -2.0% |
Top Suppliers of Aluminium; Tubes and Pipes to Tanzania in 2022:
- China (95.3 tons)
- India (37.0 tons)
- Belgium (8.1 tons)
- United Arab Emirates (3.2 tons)
- South Africa (3.1 tons)
- Croatia (2.3 tons)
Exports of Aluminium; Tubes and Pipes in Tanzania
In 2022, overseas shipments of aluminium; tubes and pipeses decreased by -99.7% to 2 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 344%. As a result, the exports attained the peak of 800 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, aluminium; tubes and pipes exports reduced notably to $10 in 2022. Overall, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 173% against the previous year.
Export of Aluminium; Tubes and Pipes in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malawi | 0.9 | 2.1 | 2.5 | N/A | 66.7% |
Belgium | 0.4 | 0.8 | 0.9 | N/A | 50.0% |
Rwanda | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
Democratic Republic of the Congo | N/A | 3.9 | N/A | N/A | 0% |
Zambia | 0.3 | 0.6 | 0.5 | N/A | 29.1% |
Burundi | 0.8 | 0.1 | 4.1 | N/A | 126.4% |
Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Total | 2.8 | 7.8 | 8.2 | N/A | 71.1% |
Top Export Markets for Aluminium; Tubes and Pipes from Tanzania in 2022:
- Rwanda (2.0 kg)
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