Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Tanzania - 2023

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Tanzania (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Tanzania (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Tanzania
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Tanzania

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Tanzania (CIF) - 2022

In 2022, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $817 per ton, picking up by 7.8% against the previous year. Overall, the import price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 30% against the previous year. The import price peaked at $1,157 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 the UK ($4,023 per ton), while the price for Kenya ($387 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+42.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Tanzania (FOB) - 2022

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $465 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 a decrease of -38.8%. Over the period under review, the average export prices attained the maximum at $17,844 per ton in 2017; however, from 2018 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 Democratic Republic of the Congo ($1,968 per ton), while the average price for exports to China stood at $460 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+7.4%).

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Tanzania

Imports of granules and powders, of pig iron, spiegeleisen, iron or steels into Tanzania soared to 242 tons in 2022, with an increase of 46% compared with 2021. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% 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 +59.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $198K in 2022. Over the period under review, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Tanzania in 2022:

1. India (132.7 tons)
2. Bangladesh (46.1 tons)
3. France (28.6 tons)
4. China (27.3 tons)
5. Kenya (3.9 tons)
6. United Kingdom (0.6 tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Tanzania

In 2022, overseas shipments of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by 0% to 318 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 105,750% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels totaled $148K in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 15,063% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Tanzania in 2022:

1. China (317.3 tons)