Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Tanzania - 2022
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Tanzania (CIF) - 2022
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Tanzania (FOB) - 2022
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Tanzania
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Tanzania
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Tanzania (CIF) - 2022
In 2022, the average import price for stainless steel bars and rods, angles, shapes and sectionses amounted to $398 per ton, dropping by -28% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 52% against the previous year. As a result, import price attained the peak level of $918 per ton. From 2021 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 Canada ($1,204 per ton), while the price for Iran ($180 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.1%), while the prices for the other major suppliers experienced a decline.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Tanzania (FOB) - 2022
In 2022, the average export price for stainless steel bars and rods, angles, shapes and sectionses amounted to $1,833 per ton, surging by 163% against the previous year. Overall, the export price recorded a measured expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 354% against the previous year. As a result, the export price attained the peak level of $3,888 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($1,888 per ton), while the average price for exports to Comoros ($822 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 (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Tanzania
In 2022, imports of stainless steel bars and rods, angles, shapes and sectionses into Tanzania soared to 2K tons, jumping by 346% against the previous year's figure. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses soared to $783K in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.3 | 11.8 | 77.8 | 381 | 564.2% |
| China | 122 | 32.3 | 75.2 | 141 | 4.9% |
| Canada | N/A | N/A | N/A | 58.6 | 0% |
| Netherlands | 1.4 | N/A | N/A | 32.0 | 183.8% |
| Iran | N/A | N/A | N/A | 24.2 | 0% |
| India | 44.2 | 26.3 | 41.2 | 21.0 | -22.0% |
| Others | 63.0 | 88.2 | 49.4 | 125 | 25.7% |
| Total | 232 | 159 | 244 | 783 | 50.0% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Tanzania in 2022:
- Turkey (1400.2 tons)
- China (234.7 tons)
- Iran (134.3 tons)
- Netherlands (66.7 tons)
- Canada (48.7 tons)
- India (11.3 tons)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Tanzania
In 2022, the amount of stainless steel bars and rods, angles, shapes and sectionses exported from Tanzania skyrocketed to 325 tons, picking up by 11,283% on the year before. 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 stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $596K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | N/A | N/A | N/A | 578 | 0% |
| Comoros | N/A | N/A | N/A | 10.7 | 0% |
| Uganda | N/A | N/A | N/A | 6.2 | 0% |
| Others | 4.5 | 2.4 | 2.0 | 1.4 | -32.2% |
| Total | 4.5 | 2.4 | 2.0 | 596 | 409.7% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Tanzania in 2022:
- Democratic Republic of the Congo (306.0 tons)
- Comoros (13.0 tons)
- Uganda (5.2 tons)
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