Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Tanzania - 2023
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Tanzania (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Tanzania (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Tanzania
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Tanzania
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Tanzania (CIF) - 2022
In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $1,500 per ton, picking up by 52% against the previous year. In general, the import price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 1,053%. As a result, import price attained the peak level of $8,488 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 South Africa ($5,833 per ton), while the price for Mauritius ($42 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Tanzania (FOB) - 2022
In 2022, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $703 per ton, rising by 35% against the previous year. In general, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 137% against the previous year. The export price peaked at $23,963 per ton in 2018; however, from 2019 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 Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -4.8% per year.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Tanzania
Imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia into Tanzania shrank markedly to 98 tons in 2022, waning by -29.9% compared with the previous year's figure. Overall, imports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 when imports increased by 132%.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia expanded markedly to $147K in 2022. Over the period under review, imports showed a dramatic downturn.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 12.2 | 21.8 | 2.0 | 53.0 | 63.2% |
| China | 1,091 | 4.7 | 75.7 | 52.5 | -63.6% |
| India | 10.6 | 7.6 | 35.1 | 11.1 | 1.5% |
| Kenya | N/A | N/A | N/A | 10.5 | 0% |
| Mauritius | N/A | N/A | N/A | 0.2 | 0% |
| South Korea | N/A | 306 | N/A | N/A | 0% |
| Others | 24.9 | 170 | 24.9 | 19.7 | -7.5% |
| Total | 1,139 | 511 | 138 | 147 | -49.5% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Tanzania in 2022:
- China (77.7 tons)
- South Africa (9.1 tons)
- Mauritius (4.0 tons)
- India (3.1 tons)
- Kenya (2.6 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Tanzania
In 2022, overseas shipments of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia decreased by -94.4% to 3.5 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 318% against the previous year.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia reduced dramatically to $2.5K in 2022. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 591% against the previous year.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | N/A | 16.8 | 32.4 | 2.5 | -61.4% |
| South Africa | N/A | 6.3 | N/A | N/A | 0% |
| Mozambique | 3.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.3 | 23.0 | 32.4 | 2.5 | -8.8% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Tanzania in 2022:
- Democratic Republic of the Congo (3.5 tons)
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