Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Tanzania - 2022

Contents:

  1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Tanzania (FOB) - 2022
  2. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Tanzania (CIF) - 2022
  3. Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Tanzania
  4. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Tanzania

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Tanzania (FOB) - 2022

The average export price for non-electric iron or steel central heating radiators of cast iron stood at $1,647 per unit in 2022, with an increase of 7,845% against the previous year. In general, the export price saw a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to -6.2% per year.

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Tanzania (CIF) - 2022

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $3.8 per unit in 2022, with a decrease of -76.5% against the previous year. Over the period under review, the import price faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 371% against the previous year. The import price peaked at $32 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($15 per unit), while the price for the United States ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Tanzania

In 2022, overseas shipments of non-electric iron or steel central heating radiators of cast iron decreased by -80% to 3 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 275% against the previous year. As a result, the exports attained the peak of 15 units, and then contracted rapidly in the following year.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron soared to $4.9K in 2022. Over the period under review, exports, however, continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/AN/A4,9420%
Malawi2.01.04.0N/A41.4%
Zambia10477.0307N/A71.8%
OthersN/AN/AN/AN/A0%
Total10678.03114,942259.9%

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from Tanzania in 2022:

  1. Democratic Republic of the Congo (3.0 units)

Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Tanzania

In 2022, supplies from abroad of non-electric iron or steel central heating radiators of cast iron was finally on the rise to reach 783 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron surged to $3K in 2022. Overall, imports, however, saw a sharp descent. Imports peaked at $19K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9911,4735.02,60338.0%
South Africa10991.028.023829.7%
India1,4771,83360.092.0-60.4%
United StatesN/AN/AN/A47.00%
ComorosN/AN/A1,396N/A0%
United Arab Emirates857855291N/A-41.7%
Others15,2542,386779N/A-77.4%
Total18,6886,6382,5592,980-45.8%

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to Tanzania in 2022:

  1. China (707.0 units)
  2. United States (52.0 units)
  3. South Africa (18.0 units)
  4. India (6.0 units)

Source: IndexBox Market Intelligence Platform

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