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

Contents:

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

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

In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $4.1 per unit, dropping by -30.1% against the previous year. Over the period under review, the import price continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2015 an increase of 46% against the previous year. The import price peaked at $6.9 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +24.7% per year.

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

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $1.1 per unit in 2022, declining by -33.7% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 148%. As a result, the export price attained the peak level of $8.3 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +22.9% per year.

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

In 2022, imports of non-electric iron or steel central heating radiators other than of cast iron into Tanzania shrank rapidly to 1.3K units, which is down by -66.5% compared with the previous year. Overall, imports showed a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, imports reached the peak of 3.9K units, and then reduced dramatically in the following year.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron declined dramatically to $5.4K in 2022. Over the period under review, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. Imports peaked at $23K in 2021, and then contracted dramatically in the following year.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.10.70.15.2273.3%
South Korea0.50.70.8N/A26.5%
Kenya0.20.20.2N/A0.0%
Belgium1.11.41.3N/A8.7%
United Kingdom2.40.70.5N/A-54.4%
India0.70.13.4N/A120.4%
Japan2.33.33.6N/A25.1%
United Arab Emirates2.22.11.3N/A-23.1%
Australia1.82.01.7N/A-2.8%
Turkey0.70.50.1N/A-62.2%
Others6.18.910.10.2-68.0%
Total18.220.723.25.4-33.3%

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

  1. China (1304.0 units)

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

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron exported from Tanzania soared to 4.6K units, jumping by 1,330% compared with the previous year. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron skyrocketed to $4.8K in 2022. Over the period under review, exports, however, saw a deep reduction. The exports peaked at $8.4K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A4.80%
Zambia2.64.30.5N/A-56.1%
Others5.80.10.1N/A-86.9%
Total8.44.50.54.8-17.0%

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

  1. United Arab Emirates (4.6K units)

Source: IndexBox Market Intelligence Platform

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