Report Update May 1, 2024

Tanzania - Phenols and Other Oils and Oil Products - Market Analysis, Forecast, Size, Trends and Insights

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Tanzania: Market for Phenols And Other Oils And Oil Products 2024

Market Size for Phenols And Other Oils And Oil Products in Tanzania

The Tanzanian market for phenols and other oils and oil products shrank to $X in 2022, waning by X% against the previous year. In general, consumption showed a abrupt descent. The growth pace was the most rapid in 2021 when the market value increased by X% against the previous year. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Phenols And Other Oils And Oil Products in Tanzania

In value terms, production of phenols and other oils and oil products declined to $X in 2022 estimated in export price. In general, production recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Phenols And Other Oils And Oil Products

Exports from Tanzania

In 2022, the amount of phenols and other oils and oil products exported from Tanzania fell significantly to X kg, with a decrease of X% on the previous year. In general, exports showed a sharp reduction. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of phenols and other oils and oil products reduced remarkably to $X in 2022. Over the period under review, exports faced a dramatic contraction. 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 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Belgium (X kg) was the main destination for exports of phenols and other oils and oil products from Tanzania, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Belgium totaled X%.

In value terms, Belgium ($X) emerged as the key foreign market for phenols and other oils and oil products exports from Tanzania.

From 2012 to 2022, the average annual growth rate of value to Belgium amounted to X%.

Export Prices by Country

The average export price for phenols and other oils and oil products stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to X% per year.

Imports of Phenols And Other Oils And Oil Products

Imports into Tanzania

Imports of phenols and other oils and oil products into Tanzania skyrocketed to X tons in 2022, increasing by X% on the previous year's figure. In general, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of phenols and other oils and oil products surged to $X in 2022. Overall, imports saw a noticeable expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

The United Arab Emirates (X tons), India (X tons) and the UK (X tons) were the main suppliers of imports of phenols and other oils and oil products to Tanzania, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of phenols and other oils and oil products to Tanzania, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

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

Import Prices by Country

The average import price for phenols and other oils and oil products stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price saw a deep slump. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for phenols and other oils and oil products in the world?

The countries with the highest volumes of consumption in 2023 were India, the United States and Russia, with a combined 34% share of global consumption. Indonesia, the UK, Gibraltar, Singapore, China, Spain, Finland, Estonia, France and Cyprus lagged somewhat behind, together comprising a further 33%.

What are the largest producers of phenols and other oils and oil products in the world?

The countries with the highest volumes of production in 2022 were Russia, the United States and the Netherlands, with a combined 32% share of global production. Belgium, India, Sweden, Finland, the UK, France, Indonesia, Estonia, Algeria and Poland lagged somewhat behind, together comprising a further 44%.

What are the leading suppliers of phenols and other oils and oil products to Tanzania?

In value terms, the UK constituted the largest supplier of phenols and other oils and oil products to Tanzania, comprising 68% of total imports. The second position in the ranking was taken by India, with a 12% share of total imports. It was followed by the United Arab Emirates, with a 10% share.

What are the leading importers of phenols and other oils and oil products from Tanzania?

In value terms, Belgium $62) emerged as the key foreign market for phenols and other oils and oil products exports from Tanzania.

What is the average export price for phenols and other oils and oil products in Tanzania?

The average export price for phenols and other oils and oil products stood at $2,214 per ton in 2022, jumping by 28% against the previous year.

What is the average import price for phenols and other oils and oil products in Tanzania?

The average import price for phenols and other oils and oil products stood at $581 per ton in 2022, dropping by -1.9% against the previous year.

This report provides an in-depth analysis of the market for phenols and other oils and oil products 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 20147360 - Phenols
Prodcom 20147390 - Other oils and oil products, n.e.c.

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