Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Tanzania - 2022
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Tanzania (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Tanzania (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Tanzania
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Tanzania
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Tanzania (CIF) - 2022
The average import price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $4,060 per ton in 2022, shrinking by -32.3% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 40%. As a result, import price reached the peak level of $13,943 per ton. From 2016 to 2022, the average 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 the UK ($6,703 per ton), while the price for India ($2,364 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.8%), while the prices for the other major suppliers experienced a decline.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Tanzania (FOB) - 2022
The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $400 per ton in 2022, shrinking by -90% against the previous year. Over the period under review, the export price showed a dramatic downturn. The pace of growth was the most pronounced in 2016 an increase of 55% against the previous year. As a result, the export price attained the peak level of $14,333 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +10.6% per year.
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Tanzania
In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor imported into Tanzania skyrocketed to 20 tons, increasing by 217% on 2021. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor surged to $83K in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.9 | 9.3 | 15.5 | 63.1 | 61.8% |
| United Kingdom | 11.3 | 8.8 | 8.1 | 19.3 | 19.5% |
| Italy | 1.6 | 2.5 | 2.6 | N/A | 27.5% |
| United States | 7.2 | 9.8 | 8.8 | N/A | 10.6% |
| Others | 6.3 | 4.5 | 3.5 | 0.2 | -68.3% |
| Total | 41.3 | 34.9 | 38.5 | 82.6 | 26.0% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Tanzania in 2022:
- China (17.4 tons)
- United Kingdom (2.9 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Tanzania
In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor exported from Tanzania soared to 20 kg, with an increase of 233% on 2021 figures. In general, exports, however, recorded a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 519% against the previous year. As a result, the exports reached the peak of 743 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor contracted dramatically to $8 in 2022. Over the period under review, exports, however, saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 623%. As a result, the exports reached the peak of $8.6K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 8.0 | 0% |
| Malawi | 16.0 | 88.0 | 1.0 | N/A | -75.0% |
| Burundi | 212 | 427 | 1.0 | N/A | -93.1% |
| Zimbabwe | 14.0 | 23.0 | 1.0 | N/A | -73.3% |
| Democratic Republic of the Congo | 868 | 7,974 | 19.0 | N/A | -85.2% |
| Rwanda | 69.0 | 103 | 1.0 | N/A | -88.0% |
| Others | 16.0 | 24.0 | 1.0 | N/A | -75.0% |
| Total | 1,195 | 8,639 | 24.0 | 8.0 | -81.2% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Tanzania in 2022:
- Germany (20.0 kg)
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