Price for Electronic Integrated Circuits and Microassemblies in Tanzania - 2022

Contents:

  1. Price for Electronic Integrated Circuits and Microassemblies in Tanzania (CIF) - 2022
  2. Price for Electronic Integrated Circuits and Microassemblies in Tanzania (FOB) - 2022
  3. Imports of Electronic Integrated Circuits and Microassemblies in Tanzania
  4. Exports of Electronic Integrated Circuits and Microassemblies in Tanzania

Price for Electronic Integrated Circuits and Microassemblies in Tanzania (CIF) - 2022

The average import price for electronic integrated circuits and microassemblieses stood at $2,400 per unit in 2022, increasing by 53% against the previous year. In general, the import price showed a significant increase. The growth pace was the most rapid in 2020 when the average import price increased by 106% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($3,316 per unit), while the price for the United Arab Emirates ($318 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+61.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electronic Integrated Circuits and Microassemblies in Tanzania (FOB) - 2022

The average export price for electronic integrated circuits and microassemblieses stood at $511 per unit in 2022, picking up by 874% against the previous year. Overall, the export price showed a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($938 per unit), while the average price for exports to Democratic Republic of the Congo ($25 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 Canada (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits and Microassemblies in Tanzania

In 2022, supplies from abroad of electronic integrated circuits and microassemblieses increased by 40% to 3.1K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a precipitous setback. Imports peaked at 8.3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, electronic integrated circuits and microassemblies imports skyrocketed to $7.4M in 2022. In general, imports showed a resilient expansion. Imports peaked at $9.1M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Electronic Integrated Circuits and Microassemblies in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A2,4910%
China2,3483,4031,1152,096-3.7%
South Africa19.941.981.5910257.6%
Hong Kong SAR85.883430965096.4%
Germany14727835835534.2%
Thailand9802,601133194-41.7%
Czech Republic1195666591313.3%
France52871.412.796.5-43.3%
Italy97.231.362.431.5-31.3%
United Arab Emirates14111592.822.6-45.7%
India35817341.822.1-60.5%
Taiwan (Chinese)12235351.419.4-45.8%
Others30063554740710.7%
Total5,2479,1023,4647,42612.3%

Top Suppliers of Electronic Integrated Circuits and Microassemblies to Tanzania in 2022:

  1. Mexico (866.0 units)
  2. China (644.0 units)
  3. South Africa (627.0 units)
  4. Hong Kong SAR (196.0 units)
  5. Czech Republic (164.0 units)
  6. Thailand (113.0 units)
  7. Germany (109.0 units)
  8. United Arab Emirates (71.0 units)
  9. France (30.0 units)
  10. Italy (10.0 units)
  11. India (7.0 units)
  12. Taiwan (Chinese) (6.0 units)

Exports of Electronic Integrated Circuits and Microassemblies in Tanzania

In 2022, approx. 633 units of electronic integrated circuits and microassemblieses were exported from Tanzania; rising by 383% against the previous year. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 878%. As a result, the exports attained the peak of 1.5K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, electronic integrated circuits and microassemblies exports soared to $324K in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electronic Integrated Circuits and Microassemblies in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/AN/A3090%
Democratic Republic of the CongoN/AN/A0.57.21340.0%
Mozambique7.0N/AN/A0.2-69.4%
KenyaN/AN/A2.80.1-96.4%
United KingdomN/A30.40.1N/A-99.7%
HungaryN/A16.0N/AN/A0%
ZambiaN/A5.81.5N/A-74.1%
Others3.91.41.97.624.9%
Total10.953.76.9324209.8%

Top Export Markets for Electronic Integrated Circuits and Microassemblies from Tanzania in 2022:

  1. Thailand (329.0 units)
  2. Democratic Republic of the Congo (290.0 units)
  3. Kenya (2.0 units)
  4. Mozambique (1.0 units)

Source: IndexBox Market Intelligence Platform

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