Tanzania: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in Tanzania

After two years of decline, the Tanzanian non-electric roasting furnace market decreased by X% to less than $X in 2022. Overall, consumption recorded a dramatic decline. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Non-Electric Roasting Furnace Production in Tanzania

In value terms, non-electric roasting furnace production surged to $X in 2022 estimated in export price. Overall, production saw a pronounced increase. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Non-Electric Roasting Furnace Exports

Exports from Tanzania

In 2019, shipments abroad of non-electric furnaces and ovens for the roasting or melting decreased by X% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at X units in 2017; however, from 2018 to 2019, the exports stood at a somewhat lower figure.

In value terms, non-electric roasting furnace exports amounted to $X in 2019. In general, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2019, the growth of the exports failed to regain momentum.

Exports by Country

Zambia (X units) and South Africa (X units) were the main destinations of non-electric roasting furnace exports from Tanzania. Moreover, non-electric roasting furnace exports in Zambia exceeded the figures recorded by the second-largest exporter, South Africa, twofold.

From 2015 to 2019, the biggest increases were recorded for Zambia (with a CAGR of X%).

From 2015 to 2019, the average annual growth rate of value to Zambia amounted to X%.

Export Prices by Country

In 2019, the average non-electric roasting furnace export price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price faced a sharp setback. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2019, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, amid the top suppliers, the country with the highest price was Zambia ($X per unit), while the average price for exports to South Africa totaled $X per unit.

From 2015 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (X%), while the prices for the other major destinations experienced a decline.

Non-Electric Roasting Furnace Imports

Imports into Tanzania

In 2022, imports of non-electric furnaces and ovens for the roasting or melting into Tanzania plummeted to X units, declining by X% on 2021. In general, imports, however, enjoyed a tangible expansion. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-electric roasting furnace imports skyrocketed to $X in 2022. Overall, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X units) constituted the largest non-electric roasting furnace supplier to Tanzania, accounting for a X% share of total imports. Moreover, non-electric roasting furnace imports from India exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. The United Arab Emirates (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the largest non-electric roasting furnace suppliers to Tanzania were China ($X), India ($X) and South Africa ($X), together comprising X% of total imports.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electric roasting furnace import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price showed a strong expansion. As a result, import price reached 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 ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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