Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Tanzania - 2022

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Tanzania (CIF) - 2022
  2. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Tanzania (FOB) - 2022
  3. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Tanzania
  4. Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Tanzania

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Tanzania (CIF) - 2022

In December 2021, the average import price for cellulose nitrates (including collodions); in primary formses amounted to $3,068 per ton, which is down by -11.6% against the previous month. Over the period from January 2021 to December 2021, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in November 2021 an increase of 36% m-o-m. As a result, import price attained the peak level of $3,471 per ton, and then contracted in the following month.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was the United Arab Emirates ($3,353 per ton), while the price for Kenya ($2,704 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Tanzania (FOB) - 2022

The average export price for cellulose nitrates (including collodions); in primary formses stood at $3,546 per ton in 2022, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2021 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices hit record highs at $3,857 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Zambia.

From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to +2.9% per year.

Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Tanzania

After three years of growth, supplies from abroad of cellulose nitrates (including collodions); in primary formses decreased by -37.3% to 379 tons in 2022. Over the period under review, imports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of 605 tons, and then contracted remarkably in the following year.

In value terms, imports of cellulose nitrates (including collodions); in primary formses dropped significantly to $1.3M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 66% against the previous year. As a result, imports reached the peak of $1.7M, and then dropped significantly in the following year.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China44.069.3282362101.9%
Kenya34.132.295.5286103.2%
Thailand45.193.317321468.0%
India46.310717019862.3%
Taiwan (Chinese)203197415175-4.8%
United Arab Emirates54445247397.2-43.7%
Brazil57.870.886.3N/A22.2%
Others1.21.61.9N/A25.8%
Total9761,0231,6961,33210.9%

Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to Tanzania in 2022:

  1. China (107.1 tons)
  2. Kenya (73.4 tons)
  3. Thailand (63.1 tons)
  4. India (55.4 tons)
  5. Taiwan (Chinese) (48.4 tons)
  6. United Arab Emirates (32.0 tons)

Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Tanzania

In 2022, approx. 900 kg of cellulose nitrates (including collodions); in primary formses were exported from Tanzania; jumping by 22,400% against 2021 figures. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cellulose nitrates (including collodions); in primary formses surged to $3.2K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia17.01.014.03,191472.6%
Others4.016.0N/AN/A300.0%
Total21.017.014.03,191433.6%

Top Export Markets for Cellulose Nitrates (Including Collodions); in Primary Forms from Tanzania in 2022:

  1. Zambia (900.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Cellulose nitrates (including collodions); in primary forms - Tanzania