Report Update Apr 1, 2024

Tanzania - Granite (Crude) - Market Analysis, Forecast, Size, Trends and Insights

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Tanzania: Crude Granite Market 2024

Crude Granite Market Size in Tanzania

The Tanzanian crude granite market totaled $X in 2022, picking up by 14% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Crude granite consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Crude Granite Production in Tanzania

In value terms, crude granite production surged to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Crude Granite Exports

Exports from Tanzania

In 2022, shipments abroad of granite (crude) increased by 1,636% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, crude granite exports skyrocketed to $X in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for crude granite exports from Tanzania, accounting for a 85% share of total exports. Moreover, crude granite exports to China exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold. Serbia (X tons) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +55.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+13.5% per year) and Serbia (+23.8% per year).

In value terms, China ($X) remains the key foreign market for granite (crude) exports from Tanzania, comprising 46% of total exports. The second position in the ranking was held by Italy ($X), with a 13% share of total exports. It was followed by Poland, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to +52.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+31.2% per year) and Poland (0.0% per year).

Export Prices by Country

The average crude granite export price stood at $X per ton in 2022, jumping by 43% against the previous year. Over the period under review, the export price, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2019 an increase of 64% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to China ($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 Italy (+15.5%), while the prices for the other major destinations experienced mixed trend patterns.

Crude Granite Imports

Imports into Tanzania

Crude granite imports into Tanzania fell to X tons in 2022, reducing by -2.3% against 2021. In general, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 when imports increased by 726% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, crude granite imports reached $X in 2022. Over the period under review, imports saw a deep downturn. The growth pace was the most rapid in 2015 when imports increased by 272%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) was the main crude granite supplier to Tanzania, with a 99% share of total imports. It was followed by China (X kg), with a 1.2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India stood at +3.3%.

In value terms, India ($X) constituted the largest supplier of granite (crude) to Tanzania, comprising 94% of total imports. The second position in the ranking was taken by China ($X), with a 5.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled -6.9%.

Import Prices by Country

The average crude granite import price stood at $X per ton in 2022, surging by 3.4% against the previous year. In general, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 160% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for granite (crude) in the world?

The countries with the highest volumes of consumption in 2022 were Ukraine, China and India, together accounting for 39% of global consumption. The United States, Indonesia, Japan, Pakistan, Nigeria, the UK, Brazil, Mexico, Poland and South Korea lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of granite (crude) in the world?

The countries with the highest volumes of production in 2022 were India, Ukraine and China, with a combined 52% share of global production.

What are the leading suppliers of granite (crude) to Tanzania?

In value terms, India constituted the largest supplier of granite crude) to Tanzania, comprising 94% of total imports. The second position in the ranking was held by China, with a 5.8% share of total imports.

What are the leading importers of granite (crude) from Tanzania?

In value terms, China remains the key foreign market for granite crude) exports from Tanzania, comprising 46% of total exports. The second position in the ranking was held by Italy, with a 13% share of total exports. It was followed by Poland, with a 6.5% share.

What is the average export price for granite (crude) in Tanzania?

The average crude granite export price stood at $173 per ton in 2022, growing by 43% against the previous year.

What is the average import price for granite (crude) in Tanzania?

The average crude granite import price stood at $434 per ton in 2022, increasing by 3.4% against the previous year.

This report provides an in-depth analysis of the crude granite 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 08111233 - Granite, crude or roughly trimmed

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023