Pumps; Parts Thereof Price in Tanzania - 2022
Contents:
- Pumps; Parts Thereof Price in Tanzania (CIF) - 2022
- Pumps; Parts Thereof Price in Tanzania (FOB) - 2022
- Pumps; Parts Thereof Imports in Tanzania
- Pumps; Parts Thereof Exports in Tanzania
Pumps; Parts Thereof Price in Tanzania (CIF) - 2022
In 2022, the average pumps; parts thereof import price amounted to $15,860 per ton, picking up by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $19,991 per ton in 2012; however, from 2013 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 Sweden ($48,337 per ton), while the price for the United Arab Emirates ($3,731 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Tanzania (FOB) - 2022
The average pumps; parts thereof export price stood at $4,845 per ton in 2022, falling by -36.6% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 146% against the previous year. As a result, the export price attained the peak level of $28,413 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($29,151 per ton), while the average price for exports to Democratic Republic of the Congo ($3,490 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (-1.7%), while the prices for the other major destinations experienced a decline.
Pumps; Parts Thereof Imports in Tanzania
In 2022, after three years of growth, there was significant decline in purchases abroad of pumps; parts thereoves, when their volume decreased by -46.6% to 413 tons. Overall, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year.
In value terms, pumps; parts thereof imports declined dramatically to $6.5M in 2022. In general, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 37%. As a result, imports reached the peak of $10M, and then declined sharply in the following year.
| Import of Pumps; Parts Thereof in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 3,024 | 2,363 | 4,436 | 2,578 | -5.2% |
| United States | 312 | 265 | 836 | 1,127 | 53.4% |
| Sweden | 516 | 637 | 542 | 653 | 8.2% |
| China | 501 | 1,563 | 992 | 577 | 4.8% |
| India | 276 | 299 | 476 | 353 | 8.5% |
| Turkey | 15.9 | 480 | 58.5 | 133 | 103.0% |
| Italy | 135 | 143 | 235 | 91.1 | -12.3% |
| United Arab Emirates | 467 | 421 | 563 | 28.6 | -60.6% |
| Others | 964 | 1,324 | 2,115 | 1,005 | 1.4% |
| Total | 6,211 | 7,496 | 10,253 | 6,546 | 1.8% |
Top Suppliers of Pumps; Parts Thereof to Tanzania in 2022:
- China (152.2 tons)
- South Africa (89.4 tons)
- United States (44.5 tons)
- India (33.2 tons)
- Italy (19.6 tons)
- Turkey (14.6 tons)
- Sweden (13.5 tons)
- United Arab Emirates (7.7 tons)
Pumps; Parts Thereof Exports in Tanzania
In 2022, exports of pumps; parts thereoves from Tanzania surged to 51 tons, rising by 1,344% against 2021. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 3,694%. As a result, the exports reached the peak of 104 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, pumps; parts thereof exports skyrocketed to $247K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 3,914%. As a result, the exports attained the peak of $543K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Pumps; Parts Thereof in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | N/A | N/A | 0.5 | 161 | 32100.0% |
| Zimbabwe | N/A | N/A | N/A | 60.6 | 0% |
| South Africa | 1.0 | 20.9 | 4.3 | 13.5 | 138.1% |
| Malawi | 3.3 | N/A | 6.8 | N/A | 43.5% |
| Zambia | 0.1 | 508 | N/A | N/A | 507900.0% |
| Others | 9.1 | 14.2 | 15.3 | 11.5 | 8.1% |
| Total | 13.5 | 543 | 26.9 | 247 | 163.5% |
Top Export Markets for Pumps; Parts Thereof from Tanzania in 2022:
- Democratic Republic of the Congo (46.1 tons)
- Zimbabwe (2.1 tons)
- South Africa (1.8 tons)
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