Report Update Apr 1, 2024

Tanzania - Propylene Glycol (Propane-1,2-Diol) - Market Analysis, Forecast, Size, Trends and Insights

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Tanzania: Propylene Glycol Market 2024

Propylene Glycol Market Size in Tanzania

The Tanzanian propylene glycol market soared to $X in 2022, increasing by 23% 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, recorded a mild reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Propylene Glycol Exports

Exports from Tanzania

After three years of decline, shipments abroad of propylene glycol (propane-1,2-diol) decreased by 0% to X tons in 2022. Over the period under review, exports saw a significant increase. The smallest decline of -99.5% was in 2019. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, propylene glycol exports totaled $X in 2022. In general, exports showed a significant expansion. The smallest decline of -98.6% was in 2019. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Ethiopia (X tons) was the main destination for propylene glycol exports from Tanzania, with a approx. 100% share of total exports.

From 2016 to 2022, the average annual growth rate of volume to Ethiopia was relatively modest.

From 2016 to 2022, the average annual rate of growth in terms of value to Ethiopia was relatively modest.

Export Prices by Country

In 2022, the average propylene glycol export price amounted to $X per ton, standing approx. at the previous year. In general, the export price continues to indicate a dramatic slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by 179%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

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

From 2016 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to 0.0% per year.

Propylene Glycol Imports

Imports into Tanzania

In 2022, approx. X tons of propylene glycol (propane-1,2-diol) were imported into Tanzania; increasing by 9.7% against 2021. Overall, imports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 43% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, propylene glycol imports skyrocketed to $X in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 118% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X tons), Germany (X tons) and South Africa (X tons) were the main suppliers of propylene glycol imports to Tanzania, with a combined 64% share of total imports. India, the Netherlands, the United Arab Emirates, Singapore, Taiwan (Chinese) and South Korea lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +14.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and India ($X) were the largest propylene glycol suppliers to Tanzania, together accounting for 68% of total imports. The Netherlands, South Africa, the United Arab Emirates, Singapore, Taiwan (Chinese) and South Korea lagged somewhat behind, together accounting for a further 30%.

The Netherlands, with a CAGR of +23.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average propylene glycol import price stood at $X per ton in 2022, with an increase of 22% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propylene glycol import price increased by +106.4% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 70%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

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 India ($X per ton), while the price for South Africa ($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 Netherlands (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for propylene glycol (propane-1,2-diol) in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and India, with a combined 45% share of global consumption.

What are the largest producers of propylene glycol (propane-1,2-diol) in the world?

The countries with the highest volumes of production in 2022 were China, the United States and Germany, with a combined 47% share of global production. India, Japan, Brazil, South Korea, Thailand, Saudi Arabia, Mexico, Turkey, Kuwait and the UK lagged somewhat behind, together accounting for a further 37%.

What are the leading suppliers of propylene glycol (propane-1,2-diol) to Tanzania?

In value terms, the largest propylene glycol suppliers to Tanzania were China, Germany and India, with a combined 68% share of total imports. The Netherlands, South Africa, the United Arab Emirates, Singapore, Taiwan Chinese) and South Korea lagged somewhat behind, together accounting for a further 30%.

What is the average export price for propylene glycol (propane-1,2-diol) in Tanzania?

The average propylene glycol export price stood at $133 per ton in 2022, approximately equating the previous year.

What is the average import price for propylene glycol (propane-1,2-diol) in Tanzania?

The average propylene glycol import price stood at $2,644 per ton in 2022, jumping by 22% against the previous year.

This report provides an in-depth analysis of the propylene glycol market 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 20142320 - Propylene glycol (propane-1,2-diol)

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