Tanzania: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Tanzania

The Tanzanian non-numerically controlled drilling machine market contracted markedly to $X in 2022, falling by X% against the previous year. Overall, consumption saw a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Tanzania

In value terms, non-numerically controlled drilling machine production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2019 with an increase of X%. Non-numerically controlled drilling machine production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports from Tanzania

In 2022, the amount of non-numerically controlled drilling machines for working metal exported from Tanzania surged to X units, growing by X% against 2021 figures. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled drilling machine exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a abrupt curtailment. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for non-numerically controlled drilling machine exports from Tanzania, with a X% share of total exports. Moreover, non-numerically controlled drilling machine exports to France exceeded the volume sent to the second major destination, India (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Oman (X% per year).

In value terms, France ($X) emerged as the key foreign market for non-numerically controlled drilling machines for working metal exports from Tanzania, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Oman (X% per year).

Export Prices by Country

The average non-numerically controlled drilling machine export price stood at $X per unit in 2022, falling by X% against the previous year. In general, the export price showed a dramatic descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Oman ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%).

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports into Tanzania

Non-numerically controlled drilling machine imports into Tanzania skyrocketed to X units in 2022, increasing by X% compared with the previous year's figure. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled drilling machine imports surged to $X in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest non-numerically controlled drilling machine supplier to Tanzania, with a X% share of total imports. Moreover, non-numerically controlled drilling machine imports from China exceeded the figures recorded by the second-largest supplier, France (X units), eightfold. The third position in this ranking was taken by Finland (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Finland (X% per year).

In value terms, the largest non-numerically controlled drilling machine suppliers to Tanzania were China ($X), Finland ($X) and South Africa ($X), with a combined X% share of total imports.

In terms of the main suppliers, Finland, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average non-numerically controlled drilling machine import price amounted to $X per unit, jumping by X% against the previous year. Overall, the import price saw a modest increase. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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