Price for Vehicles; Mobile Drilling Derricks in Tanzania - 2022

Contents:

  1. Price for Vehicles; Mobile Drilling Derricks in Tanzania (CIF) - 2022
  2. Price for Vehicles; Mobile Drilling Derricks in Tanzania (FOB) - 2022
  3. Imports of Vehicles; Mobile Drilling Derricks in Tanzania
  4. Exports of Vehicles; Mobile Drilling Derricks in Tanzania

Price for Vehicles; Mobile Drilling Derricks in Tanzania (CIF) - 2022

In 2022, the average vehicles; mobile drilling derricks import price amounted to $143,154 per unit, rising by 85% against the previous year. Overall, the import price recorded a mild expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 325%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($280,589 per unit), while the price for Zambia ($58,775 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+107.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vehicles; Mobile Drilling Derricks in Tanzania (FOB) - 2022

In 2022, the average vehicles; mobile drilling derricks export price amounted to $3,047 per unit, which is down by -50% against the previous year. In general, the export price continues to indicate a significant decrease. The pace of growth appeared the most rapid in 2019 an increase of 14,342% against the previous year. Over the period under review, the average export prices reached the maximum at $60,915 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($12,773 per unit), while the average price for exports to Zambia ($109 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+254,500.0%), while the prices for the other major destinations experienced a decline.

Imports of Vehicles; Mobile Drilling Derricks in Tanzania

In 2022, imports of vehicles; mobile drilling derrickses into Tanzania declined notably to 14 units, falling by -22.2% compared with 2021 figures. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 5.9% against the previous year. As a result, imports reached the peak of 18 units, and then fell dramatically in the following year.

In value terms, vehicles; mobile drilling derricks imports soared to $2M in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 350% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Vehicles; Mobile Drilling Derricks in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India67.012.42841,187160.7%
South Africa27.524.485.0281117.0%
United Arab Emirates62.944.912626962.3%
Finland15.5N/AN/A138107.3%
Sweden11.69.027.670.482.4%
Zambia49.025.451.958.86.3%
Botswana23.526.077.0N/A81.0%
China62.247.6143N/A51.6%
Democratic Republic of the Congo5.74.212.4N/A47.5%
Australia36.040.4267N/A172.3%
Others12675.9322N/A59.9%
Total4873101,3962,00460.2%

Top Suppliers of Vehicles; Mobile Drilling Derricks to Tanzania in 2022:

  1. India (9.0 units)
  2. South Africa (1.0 units)
  3. United Arab Emirates (1.0 units)
  4. Zambia (1.0 units)
  5. Finland (1.0 units)
  6. Sweden (1.0 units)

Exports of Vehicles; Mobile Drilling Derricks in Tanzania

In 2022, shipments abroad of vehicles; mobile drilling derrickses decreased by 0% to 6 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a abrupt shrinkage. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum at 9 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, vehicles; mobile drilling derricks exports dropped remarkably to $18K in 2022. In general, exports continue to indicate a precipitous contraction. Over the period under review, the exports attained the maximum at $130K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Vehicles; Mobile Drilling Derricks in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa61.4N/A25.612.8-40.7%
Botswana18.3N/A7.53.7-41.3%
Mozambique10.1N/A1.50.9-55.3%
Democratic Republic of the Congo5.1N/A1.30.5-53.9%
Kenya2.8N/A0.30.2-58.5%
Zambia1.8N/A0.30.1-61.8%
Rwanda19.5N/AN/AN/A0%
Sudan2.5N/AN/AN/A0%
Ghana8.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total130N/A36.618.3-48.0%

Top Export Markets for Vehicles; Mobile Drilling Derricks from Tanzania in 2022:

  1. South Africa (1.0 units)
  2. Zambia (1.0 units)
  3. Democratic Republic of the Congo (1.0 units)
  4. Mozambique (1.0 units)
  5. Kenya (1.0 units)
  6. Botswana (1.0 units)

Source: IndexBox Market Intelligence Platform

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