Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Tanzania - 2022

Contents:

  1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Tanzania (CIF) - 2022
  2. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Tanzania

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Tanzania (CIF) - 2022

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $111 per ton in 2022, which is down by -62.3% against the previous year. In general, the import price showed a significant decline. The most prominent rate of growth was recorded in 2014 an increase of 26% against the previous year. As a result, import price attained the peak level of $1,947 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +13.8% per year.

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Tanzania

In 2022, approx. 118 tons of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were imported into Tanzania; surging by 410% on the year before. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses surged to $13K in 2022. Overall, imports, however, recorded a precipitous shrinkage.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.2N/A2.413.1303.1%
South Africa4.60.91.9N/A-35.7%
India28.63.82.5N/A-70.4%
Others0.4N/AN/AN/A0%
Total33.84.76.813.1-27.1%

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Tanzania in 2022:

  1. China (118.0 tons)

Source: IndexBox Market Intelligence Platform

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