Tanzania: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2024

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Tanzania

In 2022, the Tanzanian market for equipment for scaffolding, shuttering, propping or pit propping decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption recorded resilient growth. Scaffolding, shuttering, and propping equipment consumption peaked at $X in 2021, and then contracted modestly in the following year.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from Tanzania

After two years of decline, overseas shipments of equipment for scaffolding, shuttering, propping or pit propping increased by X% to X tons in 2022. Over the period under review, exports, however, saw a abrupt decrease. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports soared to $X in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa (X tons) was the main destination for scaffolding, shuttering, and propping equipment exports from Tanzania, with a X% share of total exports. Moreover, scaffolding, shuttering, and propping equipment exports to South Africa exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X tons), twofold. Zambia (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to South Africa totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Zambia (X% per year).

In value terms, South Africa ($X) remains the key foreign market for equipment for scaffolding, shuttering, propping or pit propping exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with an X% share of total exports. It was followed by Burundi, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Africa totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Burundi (X% per year).

Export Prices by Country

In 2022, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Kenya ($X 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 Burundi (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into Tanzania

In 2022, supplies from abroad of equipment for scaffolding, shuttering, propping or pit propping increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, scaffolding, shuttering, and propping equipment imports declined to $X in 2022. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest scaffolding, shuttering, and propping equipment supplier to Tanzania, with a X% share of total imports. Moreover, scaffolding, shuttering, and propping equipment imports from China exceeded the figures recorded by the second-largest supplier, South Africa (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X), South Africa ($X) and Egypt ($X) appeared to be the largest scaffolding, shuttering, and propping equipment suppliers to Tanzania, with a combined X% share of total imports.

Among the main suppliers, Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced notably in the following year.

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

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

Source: IndexBox Platform

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