Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Tanzania - 2022
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Tanzania (CIF) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Tanzania
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Tanzania (CIF) - 2022
The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $29,148 per unit in 2022, picking up by 180% against the previous year. Overall, the import price continues to indicate a strong increase. The growth pace was the most rapid in 2017 an increase of 548% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 ($65,145 per unit), while the price for the United States ($66 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Tanzania
In 2022, imports of casting machines; of a kind used in metallurgy or in metal foundrieses into Tanzania soared to 57 units, rising by 375% on the previous year's figure. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses skyrocketed to $1.7M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.6 | 8.7 | 105 | 1,596 | 602.7% |
| India | 4.9 | 10.1 | 10.7 | 65.1 | 136.8% |
| United States | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Brazil | N/A | 2.1 | N/A | N/A | 0% |
| Germany | 0.4 | 0.2 | 0.6 | N/A | 22.5% |
| South Africa | N/A | N/A | N/A | N/A | 0% |
| Pakistan | 2.7 | 0.8 | 1.9 | N/A | -16.1% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 4.4 | 2.7 | 6.8 | N/A | 24.3% |
| Total | 17.0 | 24.7 | 125 | 1,661 | 360.6% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Tanzania in 2022:
- China (55.0 units)
- United States (1.0 units)
- India (1.0 units)
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