Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Tanzania - 2022
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Tanzania (CIF) - 2022
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Tanzania (FOB) - 2022
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Tanzania
- Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Tanzania
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Tanzania (CIF) - 2022
In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $9,561 per ton, waning by -94.1% against the previous year. Over the period under review, the import price faced a sharp shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 38%. As a result, import price attained the peak level of $258,437 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($7,890 per ton), while the price for Switzerland ($49 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-1.5%).
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Tanzania (FOB) - 2022
In 2022, the average export price for articles of precious metal or of metal clad with precious metal amounted to $14,983 per ton, declining by -97.9% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 464% against the previous year. The export price peaked at $720,667 per ton in 2021, and then contracted significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Israel.
From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +47.5% per year.
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Tanzania
In 2022, approx. 2.1 tons of articles of precious metal or of metal clad with precious metal were imported into Tanzania; with an increase of 711% compared with 2021 figures. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of articles of precious metal or of metal clad with precious metal contracted remarkably to $20K in 2022. Overall, imports, however, recorded a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 634% against the previous year.
| Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 0.2 | 1.9 | 14.3 | 422.9% |
| Taiwan (Chinese) | N/A | N/A | N/A | 1.0 | 0% |
| Switzerland | N/A | N/A | N/A | N/A | 0% |
| Turkey | 18.3 | 2.3 | 15.5 | N/A | -8.0% |
| Others | 34.1 | 3.3 | 24.6 | 4.8 | -48.0% |
| Total | 52.4 | 5.7 | 42.0 | 20.1 | -27.3% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Tanzania in 2022:
- China (1810.0 kg)
- Taiwan (Chinese) (194.0 kg)
- Switzerland (82.0 kg)
Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Tanzania
In 2022, overseas shipments of articles of precious metal or of metal clad with precious metal increased by 3,833% to 118 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of articles of precious metal or of metal clad with precious metal dropped remarkably to $1.8K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year.
| Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 1.8 | 0% |
| Others | 1.1 | 2.0 | 2.2 | N/A | 41.4% |
| Total | 1.1 | 2.0 | 2.2 | 1.8 | 17.8% |
Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Tanzania in 2022:
- Israel (118.0 kg)
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