Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Tanzania - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Tanzania (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Tanzania (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Tanzania
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Tanzania
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Tanzania (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $4,151 per ton, growing by 13% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 45% against the previous year. As a result, import price attained the peak level of $5,643 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 India ($5,567 per ton), while the price for the United States ($1,829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Tanzania (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $622 per ton in 2022, which is down by -62.7% against the previous year. Overall, the export price continues to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 77%. The export price peaked at $9,512 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($1,500 per ton), while the average price for exports to Uganda ($545 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 Uganda (-2.0%), while the prices for the other major destinations experienced a decline.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Tanzania
After three years of growth, overseas purchases of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses decreased by -45.6% to 457 tons in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 233% against the previous year. As a result, imports reached the peak of 841 tons, and then dropped sharply in the following year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses dropped notably to $1.9M in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 180%. As a result, imports attained the peak of $3.1M, and then fell markedly in the following year.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.5 | 99.9 | 245 | 956 | 194.3% |
| South Africa | 122 | 55.7 | 210 | 297 | 34.5% |
| India | 53.5 | 65.8 | 66.0 | 162 | 44.7% |
| United States | 0.3 | 0.5 | 1.6 | 136 | 668.2% |
| Italy | 76.3 | 43.7 | 186 | 101 | 9.8% |
| Turkey | 41.8 | 67.2 | 174 | 52.0 | 7.5% |
| Hungary | 3.5 | 8.1 | 195 | 4.9 | 11.9% |
| South Korea | 198 | 311 | 701 | N/A | 88.2% |
| Others | 438 | 452 | 1,313 | 190 | -24.3% |
| Total | 972 | 1,104 | 3,092 | 1,899 | 25.0% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Tanzania in 2022:
- China (209.6 tons)
- South Africa (77.3 tons)
- United States (74.5 tons)
- Italy (40.5 tons)
- India (29.1 tons)
- Turkey (16.7 tons)
- Hungary (2.1 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Tanzania
In 2022, approx. 37 kg of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses were exported from Tanzania; picking up by 147% on the year before. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses dropped to $23 in 2022. In general, exports, however, showed a deep contraction.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 3.0 | 3.0 | 6.0 | 18.0 | 81.7% |
| Democratic Republic of the Congo | 25.0 | 16.0 | 17.0 | 3.0 | -50.7% |
| Namibia | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Malawi | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Others | 1.0 | 7.0 | N/A | N/A | 600.0% |
| Total | 31.0 | 28.0 | 25.0 | 23.0 | -9.5% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Tanzania in 2022:
- Uganda (33.0 kg)
- Democratic Republic of the Congo (2.0 kg)
- Namibia (1.0 kg)
- Malawi (1.0 kg)
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