Price for Machinery; Parts of the Machinery of Heading No. 8425 in Tanzania - 2022

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Tanzania (CIF) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Tanzania (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Tanzania
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Tanzania

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Tanzania (CIF) - 2022

In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $7,552 per ton, surging by 48% against the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $8,320 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($44,980 per ton), while the price for Zambia ($965 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Tanzania (FOB) - 2022

In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $12,048 per ton, with a decrease of -5% against the previous year. Overall, the export price, however, continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2014 an increase of 101% against the previous year. The export price peaked at $20,264 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($20,580 per ton), while the average price for exports to Democratic Republic of the Congo ($2,188 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+120.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Tanzania

Imports of machinery; parts of the machinery of heading no. 8425 into Tanzania fell to 94 tons in 2022, dropping by -10.5% compared with 2021. Over the period under review, imports faced a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 131% against the previous year.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 soared to $711K in 2022. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year.

Import of Machinery; Parts of the Machinery of Heading No. 8425 in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain22962.4118137-15.7%
South Africa24524.533.8110-23.4%
India99.96.329.569.5-11.4%
China32.225.496.158.522.0%
United States29.84.32.358.425.1%
Namibia87.524.748.358.4-12.6%
Denmark59.923.244.151.7-4.8%
Turkey25311.22.21.4-82.3%
Belgium52.110.71.51.0-73.2%
Others280124161165-16.2%
Total1,369316537711-19.6%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Tanzania in 2022:

  1. China (39.6 tons)
  2. India (21.6 tons)
  3. South Africa (6.0 tons)
  4. United States (5.0 tons)
  5. Namibia (5.0 tons)
  6. Spain (3.1 tons)
  7. Denmark (2.8 tons)
  8. Turkey (0.1 tons)
  9. Belgium (0.1 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Tanzania

Exports of machinery; parts of the machinery of heading no. 8425 from Tanzania reduced markedly to 4.2 tons in 2022, shrinking by -17.7% on the previous year's figure. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,914% against the previous year. As a result, the exports reached the peak of 5.1 tons, and then reduced remarkably in the following year.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 contracted remarkably to $51K in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,488%. As a result, the exports reached the peak of $65K, and then shrank remarkably in the following year.

Export of Machinery; Parts of the Machinery of Heading No. 8425 in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya2.51.826.923.7111.6%
Mozambique1.01.223.117.1157.6%
South AfricaN/A0.11.92.3379.6%
Democratic Republic of the Congo0.70.33.31.528.9%
Zambia0.20.11.10.644.2%
RwandaN/AN/AN/A0.20%
Others1.30.68.35.056.7%
Total5.84.164.650.5105.7%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Tanzania in 2022:

  1. Kenya (2239.0 kg)
  2. Mozambique (833.0 kg)
  3. Democratic Republic of the Congo (666.0 kg)
  4. South Africa (211.0 kg)
  5. Zambia (105.0 kg)
  6. Rwanda (80.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Tanzania - Blades For Construction Equipment - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 37

This report provides an in-depth analysis of the construction equipment blade market in Tanzania.

Tanzania - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 54

This report provides an in-depth analysis of the market for ship derrick buckets and shovels in Tanzania.

Tanzania - Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 707

This report provides an in-depth analysis of the colloidal precious metals market in Tanzania.

World - Blades For Construction Equipment - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 487

This report provides an in-depth analysis of the global construction equipment blade market.

World - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 470

This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.

World - Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate) - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 507

This report provides an in-depth analysis of the global colloidal precious metals market.

Tanzania - Blades For Construction Equipment - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 37

This report provides an in-depth analysis of the construction equipment blade market in Tanzania.

Tanzania - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 54

This report provides an in-depth analysis of the market for ship derrick buckets and shovels in Tanzania.

World - Blades For Construction Equipment - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 487

This report provides an in-depth analysis of the global construction equipment blade market.

World - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 470

This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.

Free Data: Machinery; parts of the machinery of heading no. 8425 - Tanzania