Price for Double or Complex Silicates in Tanzania - 2022

Contents:

1. Price for Double or Complex Silicates in Tanzania (CIF) - 2022
2. Price for Double or Complex Silicates in Tanzania (FOB) - 2022
3. Imports of Double or Complex Silicates in Tanzania
4. Exports of Double or Complex Silicates in Tanzania

Price for Double or Complex Silicates in Tanzania (CIF) - 2022

The average double or complex silicates import price stood at $443 per ton in 2022, rising by 3.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 13%. Over the period under review, average import prices attained the maximum at $504 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,564 per ton), while the price for China ($356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.6%).

Price for Double or Complex Silicates in Tanzania (FOB) - 2022

The average double or complex silicates export price stood at $2,083 per ton in 2022, with an increase of 11% against the previous year. Overall, the export price, however, showed a deep contraction. The growth pace was the most rapid in 2021 when the average export price increased by 19%. The export price peaked at $5,120 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 -8.6% per year.

Imports of Double or Complex Silicates in Tanzania

In 2022, supplies from abroad of double or complex silicates was finally on the rise to reach 460 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt shrinkage.

In value terms, double or complex silicates imports soared to $204K in 2022. In general, imports, however, continue to indicate a abrupt downturn.

Top Suppliers of Double or Complex Silicates to Tanzania in 2022:

1. China (410.2 tons)
2. Zambia (26.0 tons)
3. India (20.4 tons)

Exports of Double or Complex Silicates in Tanzania

In 2022, shipments abroad of double or complex silicates decreased by -9% to 181 kg, falling for the second consecutive year after two years of growth. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 176% against the previous year. As a result, the exports reached the peak of 235 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, double or complex silicates exports stood at $377 in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 161% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Double or Complex Silicates from Tanzania in 2022:

1. Zambia (181.0 kg)

Source: IndexBox Market Intelligence Platform