Tanzania: Printing Press Market 2024

Printing Press Market Size in Tanzania

The Tanzanian printing press market surged to $X in 2022, growing 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 showed a significant expansion. Printing press consumption peaked in 2022 and is expected to retain growth in the immediate term.

Printing Press Exports

Exports from Tanzania

In 2022, shipments abroad of printing presses was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt 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 units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, printing press exports contracted sharply to $X in 2022. Overall, exports, however, showed a noticeable decline. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Burundi (X units) was the main destination for printing press exports from Tanzania, with a X% share of total exports. Moreover, printing press exports to Burundi exceeded the volume sent to the second major destination, Kenya (X units), twofold. The United Arab Emirates (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Burundi stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and the United Arab Emirates (X% per year).

In value terms, the largest markets for printing press exported from Tanzania were Kenya ($X), Thailand ($X) and Burundi ($X), with a combined X% share of total exports.

Among the main countries of destination, Kenya, with a CAGR of X%, saw 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

The average printing press export price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

Printing Press Imports

Imports into Tanzania

In 2022, the amount of printing presses imported into Tanzania skyrocketed to X units, rising by X% compared with the previous year. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, printing press imports surged to $X in 2022. Over the period under review, imports posted a strong increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of printing press to Tanzania, accounting for a X% share of total imports. Moreover, printing press imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. India (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X), Germany ($X) and India ($X) were the largest printing press suppliers to Tanzania, with a combined X% share of total imports. Italy, Japan, the UK, South Africa, Hong Kong SAR, the United Arab Emirates, Bosnia and Herzegovina, the Philippines, the United States and Turkey lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to 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 printing press import price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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