Sulphites; Thiosulphates Price in Tanzania - 2022

Contents:

  1. Sulphites; Thiosulphates Price in Tanzania (CIF) - 2022
  2. Sulphites; Thiosulphates Price in Tanzania (FOB) - 2022
  3. Sulphites; Thiosulphates Imports in Tanzania
  4. Sulphites; Thiosulphates Exports in Tanzania

Sulphites; Thiosulphates Price in Tanzania (CIF) - 2022

The average sulphites; thiosulphates import price stood at $733 per ton in 2022, jumping by 123% against the previous year. Overall, the import price saw prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($792 per ton), while the price for Hong Kong SAR ($427 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphites; Thiosulphates Price in Tanzania (FOB) - 2022

The average sulphites; thiosulphates export price stood at $662 per ton in 2022, with a decrease of -11.2% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 65%. Over the period under review, the average export prices reached the maximum at $1,743 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Democratic Republic of the Congo ($929 per ton), while the average price for exports to Zambia ($476 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 (+7.3%), while the prices for the other major destinations experienced a decline.

Sulphites; Thiosulphates Imports in Tanzania

After three years of growth, supplies from abroad of sulphites; thiosulphateses decreased by -94.8% to 8.1K tons in 2022. In general, imports saw a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 68%. As a result, imports attained the peak of 154K tons, and then fell significantly in the following year.

In value terms, sulphites; thiosulphates imports dropped sharply to $5.9M in 2022. Overall, imports continue to indicate a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 112% against the previous year. As a result, imports attained the peak of $51M, and then dropped remarkably in the following year.

Import of Sulphites; Thiosulphates in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand15.010.312.94.5-33.1%
China2.14.73.00.9-24.6%
Saudi ArabiaN/AN/AN/A0.30%
Hong Kong SAR0.10.10.10.10.0%
Mauritius1.7N/AN/AN/A0%
Indonesia1.61.62.1N/A14.6%
Australia0.50.50.6N/A9.5%
Others0.86.732.00.1-50.0%
Total21.923.950.75.9-35.4%

Top Suppliers of Sulphites; Thiosulphates to Tanzania in 2022:

  1. Thailand (6.2K tons)
  2. China (1.1K tons)
  3. Saudi Arabia (0.4K tons)
  4. Hong Kong SAR (0.3K tons)

Sulphites; Thiosulphates Exports in Tanzania

After two years of decline, overseas shipments of sulphites; thiosulphateses increased by 434% to 157 tons in 2022. In general, exports, however, faced a sharp reduction.

In value terms, sulphites; thiosulphates exports soared to $104K in 2022. Overall, exports, however, saw a precipitous decrease.

Export of Sulphites; Thiosulphates in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo2711129.852.1-42.3%
Zambia71.367.97.245.7-13.8%
Burundi6.64.80.42.2-30.7%
Others0.91.54.53.760.2%
Total34918621.9104-33.2%

Top Export Markets for Sulphites; Thiosulphates from Tanzania in 2022:

  1. Zambia (96.1 tons)
  2. Democratic Republic of the Congo (56.1 tons)
  3. Burundi (3.8 tons)

Source: IndexBox Market Intelligence Platform

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