Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Tanzania - 2022
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Tanzania (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Tanzania (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Tanzania
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Tanzania
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Tanzania (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $6 per unit in 2022, rising by 25% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clocks; wall clocks, battery, accumulator or mains powereds decreased by -21.3% against 2019 indices. The growth pace was the most rapid in 2019 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $7.6 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($6.1 per unit), while the price for China amounted to $6 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Tanzania (FOB) - 2022
The average export price for clocks; wall clocks, battery, accumulator or mains powereds stood at $5.9 per unit in 2022, declining by -8.5% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for clocks; wall clocks, battery, accumulator or mains powereds decreased by -18.0% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 68%. Over the period under review, the average export prices reached the maximum at $7.1 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($6.2 per unit), while the average price for exports to Rwanda totaled $4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+2.1%).
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Tanzania
After three years of growth, purchases abroad of clocks; wall clocks, battery, accumulator or mains powereds decreased by -97.2% to 2.6K units in 2022. Overall, imports saw a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 223%. As a result, imports reached the peak of 91K units, and then dropped significantly in the following year.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds contracted remarkably to $15K in 2022. Over the period under review, imports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 121% against the previous year. As a result, imports attained the peak of $434K, and then declined dramatically in the following year.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.1 | 25.4 | 59.6 | 15.1 | -2.1% |
| India | 0.3 | 3.3 | 12.6 | N/A | 548.1% |
| Switzerland | 69.0 | 159 | 351 | N/A | 125.5% |
| Others | 3.6 | 8.5 | 10.6 | 0.3 | -56.3% |
| Total | 89.0 | 197 | 434 | 15.4 | -44.3% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Tanzania in 2022:
- China (2.5K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Tanzania
In 2022, approx. 7 units of clocks; wall clocks, battery, accumulator or mains powereds were exported from Tanzania; increasing by 40% on the previous year. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 250% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds skyrocketed to $41 in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 456%. As a result, the exports reached the peak of $50. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 8.0 | 32.0 | 32.0 | 37.0 | 66.6% |
| Rwanda | N/A | N/A | N/A | 4.0 | 0% |
| Uganda | 1.0 | 18.0 | N/A | N/A | 1700.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.0 | 50.0 | 32.0 | 41.0 | 65.8% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Tanzania in 2022:
- Zambia (6.0 units)
- Rwanda (1.0 units)
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