Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Tanzania - 2022

Contents:

  1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Tanzania (CIF) - 2022
  2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Tanzania (FOB) - 2022
  3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Tanzania
  4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Tanzania

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Tanzania (CIF) - 2022

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $4,421 per unit, picking up by 33% against the previous year. In general, the import price, however, showed a pronounced curtailment. Over the period under review, average import prices reached the maximum at $9,562 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the United Arab Emirates ($12,585 per unit), while the price for Japan ($2,033 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Tanzania (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $9,410 per unit in 2022, increasing by 136% against the previous year. Over the period under review, the export price continues to indicate a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($12,954 per unit), while the average price for exports to Burundi ($3,309 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 Comoros (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Tanzania

Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs into Tanzania rose to 6.7K units in 2022, with an increase of 2.4% compared with 2021 figures. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs skyrocketed to $29M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India16.012.517.817.63.2%
SingaporeN/AN/AN/A5.50%
United Arab EmiratesN/AN/A0.44.41000.0%
Japan1.51.31.61.98.2%
China2.83.91.7N/A-22.1%
OthersN/A0.10.10.241.4%
Total20.317.921.629.413.1%

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Tanzania in 2022:

  1. India (4.9K units)
  2. Japan (0.9K units)
  3. Singapore (0.4K units)
  4. United Arab Emirates (0.3K units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Tanzania

In 2022, shipments abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs decreased by -3.4% to 28 units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 310%. As a result, the exports reached the peak of 41 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs surged to $263K in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 199% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia26.9N/AN/A14274.1%
KenyaN/AN/AN/A86.80%
Burundi7.615133.929.857.7%
UgandaN/AN/AN/A4.50%
Malawi18.157.742.1N/A52.5%
Democratic Republic of the Congo3.0N/A39.5N/A262.9%
Others14.2N/AN/AN/A0%
Total69.820911526355.6%

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Tanzania in 2022:

  1. Zambia (11.0 units)
  2. Burundi (9.0 units)
  3. Kenya (7.0 units)
  4. Uganda (1.0 units)

Source: IndexBox Market Intelligence Platform

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