Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Tanzania - 2022

Contents:

  1. Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Tanzania (CIF) - 2022
  2. Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Tanzania (FOB) - 2022
  3. Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Tanzania
  4. Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Tanzania

Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Tanzania (CIF) - 2022

In 2022, the average import price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $351 per unit, reducing by -5.9% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average import price increased by 70% against the previous year. Over the period under review, average import prices attained the maximum at $373 per unit in 2021, and then fell in the following year.

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 China ($5,243 per unit), while the price for Italy ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Tanzania (FOB) - 2022

The average export price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses stood at $670 per unit in 2022, picking up by 13% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 1,443% against the previous year. Over the period under review, the average export prices hit record highs at $969 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($2,311 per unit), while the average price for exports to Malawi ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+38.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Tanzania

In 2022, purchases abroad of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses was finally on the rise to reach 65 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a drastic downturn. Imports peaked at 81 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses expanded markedly to $23K in 2022. Overall, imports, however, recorded a abrupt descent. Imports peaked at $29K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.29.58.810.51.0%
Spain15.712.710.210.5-12.5%
India0.50.50.40.50.0%
Hong Kong SAR0.40.40.40.40.0%
Kenya1.10.70.40.3-35.2%
South KoreaN/AN/AN/AN/A0%
GermanyN/AN/AN/AN/A0%
BelgiumN/AN/AN/AN/A0%
United StatesN/AN/AN/AN/A0%
France0.10.1N/AN/A0.0%
ItalyN/AN/AN/AN/A0%
Australia0.10.1N/AN/A0.0%
Canada0.10.10.1N/A0.0%
Others1.00.70.50.4-26.3%
Total29.324.720.922.8-8.0%

Top Suppliers of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles to Tanzania in 2022:

  1. Spain (27.0 units)
  2. India (18.0 units)
  3. China (2.0 units)
  4. Canada (1.0 units)
  5. Australia (1.0 units)
  6. Italy (1.0 units)
  7. Kenya (1.0 units)
  8. France (1.0 units)
  9. United States (1.0 units)
  10. Hong Kong SAR (1.0 units)
  11. Belgium (1.0 units)
  12. Germany (1.0 units)
  13. South Korea (1.0 units)

Exports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Tanzania

After two years of decline, overseas shipments of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses decreased by 0% to 5 units in 2022. Overall, exports continue to indicate a deep downturn. The smallest decline of -16.7% was in 2020. The exports peaked at 6 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses rose sharply to $3.3K in 2022. Over the period under review, exports faced a abrupt contraction. Over the period under review, the exports of attained the maximum at $4.7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda2,8662,3931,9882,311-6.9%
Zambia1,140798556541-22.0%
Democratic Republic of the Congo576481399464-7.0%
Kenya47.032.021.020.0-24.8%
Malawi22.016.012.012.0-18.3%
OthersN/AN/AN/AN/A0%
Total4,6513,7202,9763,348-10.4%

Top Export Markets for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles from Tanzania in 2022:

  1. Kenya (1.0 units)
  2. Zambia (1.0 units)
  3. Rwanda (1.0 units)
  4. Malawi (1.0 units)
  5. Democratic Republic of the Congo (1.0 units)

Source: IndexBox Market Intelligence Platform

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