Price for Electrical Insulators of Any Material in Tanzania - 2022
Contents:
- Price for Electrical Insulators of Any Material in Tanzania (CIF) - 2022
- Price for Electrical Insulators of Any Material in Tanzania (FOB) - 2022
- Imports of Electrical Insulators of Any Material in Tanzania
- Exports of Electrical Insulators of Any Material in Tanzania
Price for Electrical Insulators of Any Material in Tanzania (CIF) - 2022
In 2022, the average import price for electrical insulators of any materials amounted to $0.3 per unit, picking up by 6.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 28% against the previous year. Over the period under review, average import prices attained the peak figure at $0.3 per unit in 2013; however, from 2014 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 Malaysia ($0.3 per unit), while the price for Serbia ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Insulators of Any Material in Tanzania (FOB) - 2022
The average export price for electrical insulators of any materials stood at $0.3 per unit in 2022, surging by 4.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 199% against the previous year. Over the period under review, the average export prices attained the peak figure at $0.3 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +9.7% per year.
Imports of Electrical Insulators of Any Material in Tanzania
In 2022, the amount of electrical insulators of any materials imported into Tanzania surged to 62M units, rising by 72% compared with the previous year. Over the period under review, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, electrical insulators of any material imports surged to $15M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electrical Insulators of Any Material in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.0 | 5.6 | 5.3 | 13.8 | 32.0% |
| Estonia | N/A | N/A | N/A | 0.3 | 0% |
| India | 1.7 | 1.0 | 1.7 | 0.3 | -43.9% |
| Malaysia | 0.1 | 0.5 | 0.4 | 0.3 | 44.2% |
| Serbia | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 1.0 | 0.9 | 1.0 | 0.8 | -7.2% |
| Total | 8.8 | 8.1 | 8.4 | 15.5 | 20.8% |
Top Suppliers of Electrical Insulators of Any Material to Tanzania in 2022:
- China (54.8M units)
- Estonia (2.5M units)
- Malaysia (1.0M units)
- India (0.9M units)
Exports of Electrical Insulators of Any Material in Tanzania
In 2022, overseas shipments of electrical insulators of any materials decreased by -98.6% to 362 units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 125%. As a result, the exports reached the peak of 674K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, electrical insulators of any material exports contracted notably to $106 in 2022. In general, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 571%. As a result, the exports reached the peak of $151K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Electrical Insulators of Any Material in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 0.1 | 0% |
| Kenya | 1.2 | 105 | 4.3 | N/A | 89.3% |
| Burundi | 0.3 | 40.8 | 2.3 | N/A | 176.9% |
| Democratic Republic of the Congo | 21.0 | 2.7 | 0.1 | N/A | -93.1% |
| Others | 0.1 | 2.3 | 0.4 | N/A | 100.0% |
| Total | 22.5 | 151 | 7.1 | 0.1 | -83.6% |
Top Export Markets for Electrical Insulators of Any Material from Tanzania in 2022:
- China (362.0 units)
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