Price for Railway or Tramway Track Constructions of Iron or Steel in Tanzania - 2023
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Tanzania (CIF) - 2023
- Price for Railway or Tramway Track Constructions of Iron or Steel in Tanzania (FOB) - 2022
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Tanzania
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Tanzania
Price for Railway or Tramway Track Constructions of Iron or Steel in Tanzania (CIF) - 2023
In December 2023, the average import price for railway or tramway track constructions of iron or steel amounted to $4,591 per ton, with an increase of 254% against the previous month. In general, the import price recorded a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Austria ($4,728 per ton), while the price for China amounted to $2,082 per ton.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced a decline.
Price for Railway or Tramway Track Constructions of Iron or Steel in Tanzania (FOB) - 2022
The average export price for railway or tramway track constructions of iron or steel stood at $533 per ton in 2022, falling by -6.4% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $1,602 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($30,286 per ton), while the average price for exports to South Africa ($504 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+48.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Railway or Tramway Track Constructions of Iron or Steel in Tanzania
In 2022, after two years of decline, there was significant growth in supplies from abroad of railway or tramway track constructions of iron or steel, when their volume increased by 783% to 38K tons. Overall, imports, however, faced a sharp downturn.
In value terms, imports of railway or tramway track constructions of iron or steel surged to $46M in 2022. In general, imports, however, faced a precipitous decrease.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.7 | 32.0 | 0.1 | 41.5 | -12.9% |
| United Arab Emirates | N/A | 1.2 | N/A | 2.0 | 29.1% |
| Japan | 38.7 | 10.4 | N/A | 2.0 | -62.8% |
| Germany | 1.5 | 23.3 | 0.4 | 0.2 | -48.9% |
| Turkey | 8.1 | 10.2 | 8.5 | 0.1 | -76.9% |
| Others | 20.8 | 20.8 | 1.1 | 0.3 | -75.7% |
| Total | 132 | 98.0 | 10.1 | 46.0 | -29.6% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Tanzania in 2022:
- China (34.7K tons)
- United Arab Emirates (1.6K tons)
- Japan (1.6K tons)
- Turkey (0.1K tons)
Exports of Railway or Tramway Track Constructions of Iron or Steel in Tanzania
Exports of railway or tramway track constructions of iron or steel from Tanzania was estimated at 18 tons in 2022, surging by 13% on the previous year. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +27.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +106.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 61% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of railway or tramway track constructions of iron or steel stood at $9.4K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 2.5 | 2.1 | 6.0 | 8.8 | 52.1% |
| Democratic Republic of the Congo | 1.6 | N/A | N/A | 0.1 | -60.3% |
| Germany | 1.1 | N/A | N/A | N/A | 0% |
| India | N/A | 1.2 | N/A | N/A | 0% |
| Zambia | N/A | 3.7 | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 2.9 | 0.4 | 0.0% |
| Total | 5.6 | 7.3 | 8.9 | 9.4 | 18.8% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Tanzania in 2022:
- South Africa (17.4 tons)
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This report provides an in-depth analysis of the steel railway material market in Tanzania.
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This report provides an in-depth analysis of the global steel railway material market.
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This report provides an in-depth analysis of the steel railway material market in Tanzania.
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This report provides an in-depth analysis of the global steel railway material market.
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Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
982
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1320
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
1296
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
982
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1320
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
