Price for Wood; Shingles and Shakes in Tanzania - 2022
Contents:
- Price for Wood; Shingles and Shakes in Tanzania (CIF) - 2022
- Imports of Wood; Shingles and Shakes in Tanzania
Price for Wood; Shingles and Shakes in Tanzania (CIF) - 2022
The average wood; shingles and shakes import price stood at $3,466 per ton in 2022, jumping by 406% against the previous year. Overall, the import price enjoyed buoyant growth. Over the period under review, average import prices hit record highs at $6,608 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,958 per ton), while the price for China totaled $721 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (-7.0%).
Imports of Wood; Shingles and Shakes in Tanzania
In 2022, the amount of wood; shingles and shakeses imported into Tanzania surged to 14 tons, with an increase of 73% compared with the previous year's figure. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 397% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, wood; shingles and shakes imports surged to $49K in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wood; Shingles and Shakes in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 45.6 | 0% |
| China | N/A | N/A | 0.1 | 3.6 | 3500.0% |
| Kenya | 2.5 | 1.9 | 5.6 | N/A | 49.7% |
| Guyana | 2.4 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 5.1 | 1.9 | 5.6 | 49.2 | 112.9% |
Top Suppliers of Wood; Shingles and Shakes to Tanzania in 2022:
- India (9.2 tons)
- China (5.0 tons)
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