Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Tanzania - 2023
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Tanzania (CIF) - 2022
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Tanzania (FOB) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Tanzania
- Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Tanzania
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Tanzania (CIF) - 2022
The average import price for stainless steel; flat-rolled products of width less than 600mms stood at $4,890 per ton in 2022, with an increase of 180% against the previous year. Over the period under review, the import price saw a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($12,603 per ton), while the price for the United Arab Emirates ($297 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Tanzania (FOB) - 2022
The average export price for stainless steel; flat-rolled products of width less than 600mms stood at $348 per ton in 2022, waning by -48.5% against the previous year. In general, the export price, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of 4,207% against the previous year. The export price peaked at $31,450 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Mozambique amounted to +38.9% per year.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Tanzania
In 2022, imports of stainless steel; flat-rolled products of width less than 600mms into Tanzania declined remarkably to 51 tons, falling by -65.6% against the year before. Over the period under review, imports showed a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 99% against the previous year.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms declined slightly to $249K in 2022. In general, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 191% against the previous year. As a result, imports reached the peak of $258K, and then declined slightly in the following year.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.8 | 0.7 | 1.0 | 103 | 405.0% |
| Spain | N/A | N/A | N/A | 92.2 | 0% |
| India | 12.4 | 0.4 | 24.7 | 21.4 | 19.9% |
| Netherlands | N/A | N/A | N/A | 12.5 | 0% |
| China | 92.7 | 45.0 | 5.8 | 8.5 | -54.9% |
| South Africa | 21.4 | 1.4 | 3.7 | 5.9 | -34.9% |
| Turkey | 0.6 | 22.0 | 217 | 0.8 | 10.1% |
| United Arab Emirates | 0.9 | 0.1 | 4.3 | N/A | 118.6% |
| Others | 16.6 | 19.2 | 1.8 | 4.4 | -35.8% |
| Total | 145 | 88.7 | 258 | 249 | 19.8% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Tanzania in 2022:
- France (21.1 tons)
- China (13.5 tons)
- Spain (7.3 tons)
- India (4.6 tons)
- Netherlands (2.8 tons)
- South Africa (0.9 tons)
- Turkey (0.2 tons)
- United Arab Emirates (0.1 tons)
Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Tanzania
In 2022, the amount of stainless steel; flat-rolled products of width less than 600mms exported from Tanzania fell markedly to 600 kg, with a decrease of -34.2% on 2021. In general, exports continue to indicate a significant decrease.
In value terms, exports of stainless steel; flat-rolled products of width less than 600mms contracted sharply to $209 in 2022. Overall, exports showed a sharp reduction.
| Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Rwanda | N/A | N/A | 0.2 | 0% | |
| Comoros | N/A | 0.6 | N/A | 0% | |
| Burundi | 34.2 | N/A | N/A | 0% | |
| Democratic Republic of the Congo | 8.5 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 42.7 | 0.6 | 0.2 | -93.2% | |
Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Tanzania in 2022:
- Rwanda (600.0 kg)
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