Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Tanzania - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Tanzania (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Tanzania (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Tanzania
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Tanzania
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Tanzania (CIF) - 2022
In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $2,498 per unit, which is down by -15.4% against the previous year. Overall, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 92%. Over the period under review, average import prices reached the peak figure at $4,867 per unit in 2018; however, from 2019 to 2022, import prices stood 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 Belgium ($23,231 per unit), while the price for South Korea ($1,200 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+43.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Tanzania (FOB) - 2022
In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $5,725 per unit, picking up by 217% against the previous year. In general, the export price recorded a moderate expansion. The pace of growth was the most pronounced in 2019 an increase of 555% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($6,871 per unit), while the average price for exports to Uganda ($1,111 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+35.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Tanzania
In 2022, the amount of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) imported into Tanzania soared to 4.8K units, with an increase of 26% compared with the previous year. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) rose remarkably to $12M in 2022. Over the period under review, imports, however, saw a pronounced decrease. Over the period under review, imports of attained the peak figure at $13M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Tanzania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.2 | 4.9 | 6.9 | 6.2 | 13.9% |
United States | 4.2 | 2.4 | 1.7 | 1.9 | -23.2% |
South Korea | 0.1 | 0.2 | N/A | 0.7 | 91.3% |
Sweden | N/A | N/A | 0.3 | 0.6 | 100.0% |
United Arab Emirates | 0.3 | 0.4 | 0.2 | 0.4 | 10.1% |
Japan | 0.2 | 0.2 | 0.1 | 0.3 | 14.5% |
South Africa | 0.2 | 0.2 | 0.4 | 0.2 | 0.0% |
Canada | N/A | N/A | N/A | 0.1 | 0% |
United Kingdom | 0.4 | 0.2 | 0.2 | 0.1 | -37.0% |
Hong Kong SAR | N/A | 1.5 | N/A | N/A | 0% |
Others | 3.3 | 1.3 | 1.5 | 1.5 | -23.1% |
Total | 13.0 | 11.2 | 11.3 | 12.0 | -2.6% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Tanzania in 2022:
- China (2982.0 units)
- South Korea (617.0 units)
- United Arab Emirates (272.0 units)
- Sweden (240.0 units)
- United States (138.0 units)
- South Africa (113.0 units)
- Canada (106.0 units)
- Japan (102.0 units)
- United Kingdom (30.0 units)
- Hong Kong SAR (2.0 units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Tanzania
In 2022, overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) increased by 443% to 304 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed 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 compression-ignition internal combustion piston engines (diesel or semi-diesel engines) soared to $1.7M in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | N/A | N/A | N/A | 1,595 | 0% |
Zambia | N/A | N/A | 4.1 | 67.3 | 1541.5% |
Mali | N/A | N/A | N/A | 32.5 | 0% |
Uganda | 0.7 | N/A | 24.1 | 15.6 | 181.4% |
Democratic Republic of the Congo | 1.5 | 43.0 | 39.2 | 9.2 | 83.0% |
Malawi | 0.5 | N/A | N/A | N/A | 0% |
Belgium | 103 | 20.4 | 21.6 | N/A | -54.2% |
Rwanda | N/A | 17.7 | N/A | N/A | 0% |
Others | 34.4 | 7.7 | 12.0 | 20.6 | -15.7% |
Total | 141 | 88.9 | 101 | 1,740 | 131.1% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Tanzania in 2022:
- Ireland (260.0 units)
- Uganda (14.0 units)
- Zambia (13.0 units)
- Mali (8.0 units)
- Democratic Republic of the Congo (6.0 units)
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