Sulphides; of Sodium Price in Tanzania - 2022

Contents:

  1. Sulphides; of Sodium Price in Tanzania (CIF) - 2022
  2. Sulphides; of Sodium Price in Tanzania (FOB) - 2022
  3. Sulphides; of Sodium Imports in Tanzania
  4. Sulphides; of Sodium Exports in Tanzania

Sulphides; of Sodium Price in Tanzania (CIF) - 2022

In 2022, the average sulphides; of sodium import price amounted to $527 per ton, which is down by -18.4% against the previous year. Overall, the import price recorded a pronounced curtailment. The growth pace was the most rapid in 2021 an increase of 66% against the previous year. Over the period under review, average import prices reached the maximum at $836 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($806 per ton), while the price for Australia ($437 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+3.6%), while the prices for the other major suppliers experienced a decline.

Sulphides; of Sodium Price in Tanzania (FOB) - 2022

In 2022, the average sulphides; of sodium export price amounted to $2,149 per ton, picking up by 12% against the previous year. In general, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($2,258 per ton), while the average price for exports to Democratic Republic of the Congo ($2,106 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 Democratic Republic of the Congo (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphides; of Sodium Imports in Tanzania

For the fourth consecutive year, Tanzania recorded growth in supplies from abroad of sulphides; of sodia, which increased by 82% to 16K tons in 2022. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,214% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, sulphides; of sodium imports surged to $8.5M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,080% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Sulphides; of Sodium in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia29.01052,3865,369469.9%
China13.128.64572,058439.6%
United Kingdom3.911.4208377358.9%
Iran3.97.0129233290.9%
SwitzerlandN/AN/A2,250N/A0%
Others6.0111295480330.9%
Total55.92635,7268,517434.1%

Top Suppliers of Sulphides; of Sodium to Tanzania in 2022:

  1. Australia (12.3K tons)
  2. China (2.8K tons)
  3. United Kingdom (0.5K tons)
  4. Iran (0.4K tons)

Sulphides; of Sodium Exports in Tanzania

In 2022, overseas shipments of sulphides; of sodia were finally on the rise to reach 2 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphides; of sodium exports surged to $4.3K in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sulphides; of Sodium in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/AN/A3.00%
BurundiN/AN/AN/A1.10%
Zambia2.11.10.30.2-54.3%
OthersN/AN/AN/AN/A0%
Total2.11.10.34.327.0%

Top Export Markets for Sulphides; of Sodium from Tanzania in 2022:

  1. Democratic Republic of the Congo (1431.0 kg)
  2. Burundi (491.0 kg)
  3. Zambia (97.0 kg)

Source: IndexBox Market Intelligence Platform

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