Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Tanzania - 2023
Contents:
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Tanzania (CIF) - 2022
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Tanzania (FOB) - 2022
- Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Tanzania
- Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Tanzania
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Tanzania (CIF) - 2022
In 2022, the average import price for in-hand motor grinders, sanders and planers amounted to $63 per unit, stabilizing at the previous year. In general, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 7.4% against the previous year. As a result, import price reached the peak level of $84 per unit. From 2014 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 Japan ($67 per unit), while the price for Spain ($6.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.6%), while the prices for the other major suppliers experienced a decline.
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Tanzania (FOB) - 2022
In 2022, the average export price for in-hand motor grinders, sanders and planers amounted to $71 per unit, with a decrease of -21.8% against the previous year. Overall, the export price continues to indicate a mild slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 61%. The export price peaked at $137 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($505 per unit), while the average price for exports to Burundi ($19 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 the United States (+808.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Tanzania
In 2022, imports of in-hand motor grinders, sanders and planers into Tanzania fell to 27K units, which is down by -9.1% compared with the year before. In general, imports saw a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of 29K units, and then contracted in the following year.
In value terms, imports of in-hand motor grinders, sanders and planers declined to $1.7M in 2022. Over the period under review, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Imports peaked at $1.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,199 | 925 | 1,040 | 1,209 | 0.3% |
| United Arab Emirates | 77.0 | 25.0 | 81.9 | 176 | 31.7% |
| Germany | 250 | 148 | 304 | 82.6 | -30.9% |
| India | 11.8 | 29.5 | 9.7 | 53.9 | 65.9% |
| South Africa | 10.3 | 46.5 | 44.8 | 32.3 | 46.4% |
| Romania | 52.3 | 133 | 0.6 | 15.6 | -33.2% |
| Japan | 60.5 | 69.3 | 189 | 15.1 | -37.0% |
| Spain | 0.1 | 0.1 | 3.1 | 4.1 | 244.8% |
| Others | 190 | 152 | 170 | 97.6 | -19.9% |
| Total | 1,850 | 1,528 | 1,843 | 1,686 | -3.0% |
Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to Tanzania in 2022:
- China (18.1K units)
- United Arab Emirates (2.6K units)
- Germany (1.2K units)
- Romania (1.0K units)
- India (0.8K units)
- Spain (0.6K units)
- South Africa (0.5K units)
- Japan (0.2K units)
Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Tanzania
Exports of in-hand motor grinders, sanders and planers from Tanzania surged to 46 units in 2022, growing by 18% against the previous year's figure. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 121%. As a result, the exports attained the peak of 53 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of in-hand motor grinders, sanders and planers fell to $3.2K in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 58%. Over the period under review, the exports of hit record highs at $3.5K in 2021, and then dropped in the following year.
| Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 3.0 | 1,616 | 53766.7% |
| Uruguay | N/A | N/A | N/A | 351 | 0% |
| Democratic Republic of the Congo | 752 | 1,640 | 743 | 346 | -22.8% |
| Angola | 61.0 | 154 | 94.0 | 137 | 31.0% |
| Kenya | 496 | 275 | 8.0 | 131 | -35.8% |
| Mozambique | 40.0 | 21.0 | 30.0 | 82.0 | 27.0% |
| United Arab Emirates | 117 | 190 | 42.0 | 78.0 | -12.6% |
| South Africa | 4.0 | 22.0 | 62.0 | 50.0 | 132.1% |
| Malawi | 13.0 | 32.0 | 20.0 | 29.0 | 30.7% |
| Zambia | 79.0 | 257 | 33.0 | 23.0 | -33.7% |
| Burundi | 99.0 | 28.0 | 12.0 | 21.0 | -40.4% |
| Botswana | N/A | N/A | N/A | 5.0 | 0% |
| Rwanda | 81.0 | 64.0 | 3.0 | 2.0 | -70.9% |
| Others | 137 | 292 | 2,473 | 378 | 40.3% |
| Total | 1,879 | 2,975 | 3,523 | 3,249 | 20.0% |
Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from Tanzania in 2022:
- United States (36.0 units)
- Uruguay (5.0 units)
- Angola (1.0 units)
- United Arab Emirates (1.0 units)
- Zambia (1.0 units)
- South Africa (1.0 units)
- Malawi (1.0 units)
- Democratic Republic of the Congo (1.0 units)
- Rwanda (1.0 units)
- Mozambique (1.0 units)
- Burundi (1.0 units)
- Kenya (1.0 units)
- Botswana (1.0 units)
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