Tanzania: Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms 2024

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms in Tanzania

In 2022, the Tanzanian market for polyethylene with a specific gravity of less than X, in primary forms increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption showed a prominent increase. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports from Tanzania

In 2022, after four years of growth, there was significant decline in shipments abroad of polyethylene with a specific gravity of less than X, in primary forms, when their volume decreased by X% to X tons. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms declined remarkably to $X in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Uganda (X tons) was the main destination for exports of polyethylene with a specific gravity of less than X, in primary forms from Tanzania, with a X% share of total exports. Moreover, exports of polyethylene with a specific gravity of less than X, in primary forms to Uganda exceeded the volume sent to the second major destination, Rwanda (X tons), twofold. The third position in this ranking was held by Kenya (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uganda totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (X% per year) and Kenya (X% per year).

In value terms, the largest markets for polyethylene with a specific gravity of less than X exported from Tanzania were Uganda ($X), Kenya ($X) and Rwanda ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Uganda, with a CAGR of X%, recorded the highest growth rate of 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 export price for polyethylene with a specific gravity of less than X, in primary forms amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Rwanda ($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 Burundi (X%), while the prices for the other major destinations experienced a decline.

Imports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Imports into Tanzania

In 2022, the amount of polyethylene with a specific gravity of less than X, in primary forms imported into Tanzania surged to X tons, jumping by X% on the previous year's figure. Overall, imports saw a prominent expansion. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms skyrocketed to $X in 2022. Over the period under review, imports recorded strong growth. The pace of growth appeared the most rapid in 2013 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

In 2022, Saudi Arabia (X tons) constituted the largest supplier of polyethylene with a specific gravity of less than X to Tanzania, accounting for a X% share of total imports. Moreover, imports of polyethylene with a specific gravity of less than X, in primary forms from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Qatar (X tons), threefold. The United States (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Qatar (X% per year) and the United States (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of polyethylene with a specific gravity of less than X, in primary forms to Tanzania, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with an X% share of total imports. It was followed by Qatar, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2022, the average import price for polyethylene with a specific gravity of less than X, in primary forms amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Singapore ($X per ton) and Spain ($X per ton), while the price for Saudi Arabia ($X per ton) and South Korea ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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