Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Tanzania - 2022

Contents:

1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Tanzania (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Tanzania (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Tanzania
4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Tanzania

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Tanzania (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $9,490 per ton, reducing by -28.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 118%. Over the period under review, average import prices attained the maximum at $15,485 per ton in 2020; however, from 2021 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 South Africa ($38,016 per ton), while the price for China ($3,932 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 (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Tanzania (FOB) - 2022

The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $16,851 per ton in 2022, shrinking by -33.3% against the previous year. Over the period under review, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 88%. Over the period under review, the average export prices hit record highs at $31,767 per ton in 2012; however, from 2013 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 Zimbabwe ($90,000 per ton), while the average price for exports to South Africa ($3,000 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 Rwanda (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Tanzania

For the fourth year in a row, Tanzania recorded growth in overseas purchases of machine-tools; parts and accessories, tool holders and self-opening dieheadses, which increased by 122% to 11 tons in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses soared to $106K in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Tanzania in 2022:

1. China (5.1 tons)
2. India (2.3 tons)
3. United Kingdom (1.2 tons)
4. South Korea (1.2 tons)
5. Germany (0.8 tons)
6. Turkey (0.2 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Tanzania

In 2022, overseas shipments of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -31.9% to 47 kg, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 148% against the previous year. As a result, the exports reached the peak of 171 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses fell rapidly to $792 in 2022. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 85% against the previous year. As a result, the exports reached the peak of $2.7K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Tanzania in 2022:

1. Rwanda (33.0 kg)
2. Democratic Republic of the Congo (6.0 kg)
3. Kenya (3.0 kg)
4. South Africa (1.0 kg)
5. United Arab Emirates (1.0 kg)
6. Zimbabwe (1.0 kg)
7. Malawi (1.0 kg)

Source: IndexBox Market Intelligence Platform