Price for Machinery; Parts of the Machinery of Heading No. 8427 in Tanzania - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Tanzania (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Tanzania (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Tanzania
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Tanzania
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Tanzania (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8427 amounted to $6,687 per ton, surging by 24% against the previous year. Over the period under review, the import price, however, showed a deep slump. The import price peaked at $12,182 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 United States ($29,292 per ton), while the price for China ($3,175 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 (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Tanzania (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $834 per ton, which is down by -79.9% against the previous year. Overall, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 479% against the previous year. As a result, the export price attained the peak level of $47,590 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($11,386 per ton), while the average price for exports to Zambia ($632 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 South Africa (+18.9%), while the prices for the other major destinations experienced a decline.
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Tanzania
In 2022, the amount of machinery; parts of the machinery of heading no. 8427 imported into Tanzania soared to 240 tons, jumping by 72% against the previous year. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 +74.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 soared to $1.6M in 2022. In general, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 133 | 78.3 | 36.2 | 455 | 50.7% |
| China | 95.8 | 158 | 192 | 364 | 56.0% |
| Turkey | 33.1 | 31.8 | 32.5 | 232 | 91.4% |
| Germany | 163 | 127 | 21.5 | 121 | -9.5% |
| India | 72.3 | 106 | 107 | 104 | 12.9% |
| Italy | 41.8 | 19.7 | 16.7 | 95.9 | 31.9% |
| United Kingdom | 76.2 | 59.3 | 43.5 | 82.8 | 2.8% |
| South Africa | 93.8 | 90.8 | 23.4 | 31.1 | -30.8% |
| United Arab Emirates | 1.7 | 85.9 | 46.3 | 11.7 | 90.2% |
| Others | 346 | 384 | 234 | 107 | -32.4% |
| Total | 1,057 | 1,141 | 753 | 1,605 | 14.9% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Tanzania in 2022:
- China (114.7 tons)
- Turkey (51.4 tons)
- India (23.7 tons)
- United States (15.5 tons)
- Germany (10.4 tons)
- Italy (9.8 tons)
- United Kingdom (4.8 tons)
- United Arab Emirates (3.6 tons)
- South Africa (2.8 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Tanzania
Exports of machinery; parts of the machinery of heading no. 8427 from Tanzania surged to 2.5 tons in 2022, picking up by 789% on the previous year. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 soared to $2.1K in 2022. In general, exports, however, recorded a sharp downturn. The growth pace was the most rapid in 2020 when exports increased by 110% against the previous year. As a result, the exports reached the peak of $8.9K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | N/A | N/A | N/A | 1.5 | 0% |
| Kenya | N/A | N/A | N/A | 0.5 | 0% |
| Democratic Republic of the Congo | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Mozambique | 0.1 | 0.8 | 0.1 | N/A | 0.0% |
| South Africa | 4.0 | 7.6 | 1.0 | N/A | -50.0% |
| Italy | N/A | 0.2 | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Total | 4.2 | 8.9 | 1.2 | 2.1 | -20.6% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Tanzania in 2022:
- Zambia (2381.0 kg)
- Democratic Republic of the Congo (118.0 kg)
- Kenya (44.0 kg)
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