Tanzania - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTanzania: Market for Caustic Soda in Aqueous Solution (Soda Lye) 2024
Market Size for Caustic Soda in Aqueous Solution (Soda Lye) in Tanzania
In 2023, the Tanzanian market for caustic soda in aqueous solution (soda lye) decreased by X% to $X, falling for the second year in a row after three years of growth. Overall, consumption recorded a sharp descent. Consumption of peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.
Exports of Caustic Soda in Aqueous Solution (Soda Lye)
Exports from Tanzania
In 2023, approx. X tons of caustic soda in aqueous solution (soda lye) were exported from Tanzania; with a decrease of X% compared with 2022. In general, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.
In value terms, exports of caustic soda in aqueous solution (soda lye) contracted rapidly to $X in 2023. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2022 with an increase of X%. As a result, the exports reached the peak of $X, and then fell significantly in the following year.
Exports by Country
Burundi (X tons) was the main destination for exports of caustic soda in aqueous solution (soda lye) from Tanzania, accounting for a X% share of total exports. It was followed by Zambia (X kg), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of volume to Burundi amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Kenya (X% per year).
In value terms, Burundi ($X) remains the key foreign market for caustic soda in aqueous solution (soda lye) exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by Kenya ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to Burundi amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and Zambia (X% per year).
Export Prices by Country
The average export price for caustic soda in aqueous solution (soda lye) stood at $X per ton in 2023, standing approx. at the previous year. Over the period under review, the export price, however, continues to indicate significant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2022, and then dropped modestly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to Zambia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Caustic Soda in Aqueous Solution (Soda Lye)
Imports into Tanzania
In 2023, purchases abroad of caustic soda in aqueous solution (soda lye) decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, imports continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports of hit record highs at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.
In value terms, imports of caustic soda in aqueous solution (soda lye) contracted notably to $X in 2023. Over the period under review, imports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.
Imports by Country
China (X tons), India (X tons) and the United Arab Emirates (X tons) were the main suppliers of imports of caustic soda in aqueous solution (soda lye) to Tanzania, with a combined X% share of total imports.
From 2012 to 2023, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced a decline.
In value terms, China ($X), Saudi Arabia ($X) and India ($X) constituted the largest caustic soda in aqueous solution (soda lye) suppliers to Tanzania, together comprising X% of total imports.
Among the main suppliers, India, 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 a decline.
Import Prices by Country
In 2023, the average import price for caustic soda in aqueous solution (soda lye) amounted to $X per ton, increasing by X% against the previous year. Overall, the import price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) 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 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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