Tanzania: Plastic Container Market 2024

Plastic Container Market Size in Tanzania

The Tanzanian plastic container market was estimated at $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Plastic Container Exports

Exports from Tanzania

In 2022, approx. X tons of plastic containers were exported from Tanzania; increasing by X% on the previous year's figure. Overall, exports saw a measured expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic container exports surged to $X in 2022. In general, exports enjoyed a strong expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Uganda (X tons), Democratic Republic of the Congo (X tons) and Comoros (X tons) were the main destinations of plastic container exports from Tanzania, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uganda (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Uganda ($X), Democratic Republic of the Congo ($X) and Malawi ($X) appeared to be the largest markets for plastic container exported from Tanzania worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Uganda, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plastic container export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Comoros ($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 Uganda (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Container Imports

Imports into Tanzania

In 2022, supplies from abroad of plastic containers increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports posted a mild increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plastic container imports soared to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), Kenya (X tons) and India (X tons) were the main suppliers of plastic container imports to Tanzania, together comprising X% of total imports. The United Arab Emirates, Uganda, Italy, the UK and South Africa lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uganda (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X), India ($X) and the United Arab Emirates ($X) were the largest plastic container suppliers to Tanzania, with a combined X% share of total imports. China, the UK, Italy, Uganda and South Africa lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Uganda, with a CAGR of X%, recorded 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

The average plastic container import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price showed a mild decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 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 South Africa ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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