Price for Metals; Silver, Unwrought, (But Not Powder) in Tanzania - 2023
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Tanzania (FOB) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Tanzania (CIF) - 2022
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Tanzania
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Tanzania
Price for Metals; Silver, Unwrought, (But Not Powder) in Tanzania (FOB) - 2022
The average export price for metals; silver, unwrought, (but not powder) stood at $998,484 per ton in 2022, approximately equating the previous year. In general, the export price recorded a moderate expansion. The pace of growth appeared the most rapid in 2014 an increase of 177% against the previous year. As a result, the export price reached the peak level of $2,302 per kg. From 2015 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,024,925 per ton), while the average price for exports to Malawi ($966,800 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+31.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Metals; Silver, Unwrought, (But Not Powder) in Tanzania (CIF) - 2022
The average import price for metals; silver, unwrought, (but not powder) stood at $5,271 per ton in 2022, approximately equating the previous year. In general, the import price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 48% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
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 ($4,204 per ton), while the price for Thailand ($876 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 (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Metals; Silver, Unwrought, (But Not Powder) in Tanzania
In 2022, shipments abroad of metals; silver, unwrought, (but not powder) decreased by 0% to 729 kg, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 2,870% against the previous year. As a result, the exports reached the peak of 802 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of metals; silver, unwrought, (but not powder) stood at $728K in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 4,280% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.2 | 9.7 | N/A | 545 | 668.7% |
| United States | 12.5 | 57.0 | N/A | 164 | 135.9% |
| Malawi | N/A | N/A | N/A | 19.3 | 0% |
| China | N/A | 626 | N/A | N/A | 0% |
| Others | 2.1 | N/A | N/A | N/A | 0% |
| Total | 15.8 | 693 | N/A | 728 | 258.5% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Tanzania in 2022:
- United Arab Emirates (549.0 kg)
- United States (160.0 kg)
- Malawi (20.0 kg)
Imports of Metals; Silver, Unwrought, (But Not Powder) in Tanzania
In 2022, purchases abroad of metals; silver, unwrought, (but not powder) decreased by 0% to 848 kg, falling for the second consecutive year after two years of growth. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,033%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of metals; silver, unwrought, (but not powder) totaled $4.5K in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,580%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.0 | 57.0 | N/A | 1,538 | 816.2% |
| South Africa | 1.0 | 21.0 | N/A | 1,362 | 1008.5% |
| Thailand | 1.0 | 5.0 | N/A | 106 | 373.3% |
| Others | 1.0 | 1.0 | N/A | 1,464 | 1035.5% |
| Total | 5.0 | 84.0 | N/A | 4,470 | 863.3% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Tanzania in 2022:
- United Arab Emirates (398.0 kg)
- South Africa (324.0 kg)
- Thailand (121.0 kg)
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