Tanzania - Sulphates (Excluding Those Of Aluminium And Barium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphates Price in Tanzania - 2022
Contents:
- Sulphates Price in Tanzania (CIF) - 2022
- Sulphates Price in Tanzania (FOB) - 2022
- Sulphates Imports in Tanzania
- Sulphates Exports in Tanzania
Sulphates Price in Tanzania (CIF) - 2022
The average sulphates import price stood at $230 per ton in 2022, jumping by 82% against the previous year. In general, the import price, however, recorded a noticeable downturn. The import price peaked at $303 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($273 per ton) and Spain ($249 per ton), while the price for China ($187 per ton) and Hong Kong SAR ($224 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.8%), while the prices for the other major suppliers experienced a decline.
Sulphates Price in Tanzania (FOB) - 2022
The average sulphates export price stood at $302 per ton in 2022, which is down by -47.6% against the previous year. In general, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 49%. Over the period under review, the average export prices reached the maximum at $3,003 per ton in 2014; however, from 2015 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 Burundi.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to -12.6% per year.
Sulphates Imports in Tanzania
In 2022, supplies from abroad of sulphates (excluding those of aluminium and barium) decreased by -25.5% to 80K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 21%. As a result, imports attained the peak of 108K tons, and then shrank markedly in the following year.
In value terms, sulphates imports soared to $18M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 66% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Sulphates in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 5.1 | 7.5 | 8.5 | 25.5% |
| India | 2.2 | 1.7 | 3.6 | 7.5 | 50.5% |
| Hong Kong SAR | 0.2 | 0.1 | 0.1 | 0.8 | 58.7% |
| Spain | N/A | N/A | N/A | 0.4 | 0% |
| Indonesia | 0.5 | 0.3 | 0.4 | N/A | -10.6% |
| Others | 1.2 | 1.1 | 1.9 | 1.3 | 2.7% |
| Total | 8.4 | 8.2 | 13.6 | 18.4 | 29.9% |
Top Suppliers of Sulphates to Tanzania in 2022:
- China (45.6K tons)
- India (27.4K tons)
- Hong Kong SAR (3.4K tons)
- Spain (1.4K tons)
Sulphates Exports in Tanzania
In 2022, shipments abroad of sulphates (excluding those of aluminium and barium) decreased by -86.5% to 23 tons, falling for the second consecutive year after two years of growth. In general, exports showed a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year. As a result, the exports attained the peak of 297 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sulphates exports shrank remarkably to $6.9K in 2022. Overall, exports showed a dramatic slump. The smallest decline of -14.1% was in 2020.
| Export of Sulphates in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 4.0 | 3.5 | 1.0 | 6.9 | 19.9% |
| Kenya | 27.2 | 21.3 | 14.6 | N/A | -26.7% |
| Democratic Republic of the Congo | 100 | 64.5 | 35.6 | N/A | -40.3% |
| India | N/A | 0.1 | 45.2 | N/A | 45100.0% |
| Ghana | N/A | 23.7 | N/A | N/A | 0% |
| Others | 2.1 | 1.7 | 0.7 | N/A | -42.3% |
| Total | 134 | 115 | 97.2 | 6.9 | -62.8% |
Top Export Markets for Sulphates from Tanzania in 2022:
- Burundi (22.7 tons)
This report provides an in-depth analysis of the sulphates market in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134157 - Sulphates (excluding those of aluminium and barium)
Country coverage:
- Tanzania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tanzania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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