Price for Floating or Submersible Drilling or Production Platforms in Tanzania - 2022

Contents:

1. Price for Floating or Submersible Drilling or Production Platforms in Tanzania (CIF) - 2022
2. Price for Floating or Submersible Drilling or Production Platforms in Tanzania (FOB) - 2022
3. Imports of Floating or Submersible Drilling or Production Platforms in Tanzania
4. Exports of Floating or Submersible Drilling or Production Platforms in Tanzania

Price for Floating or Submersible Drilling or Production Platforms in Tanzania (CIF) - 2022

The average import price for floating or submersible drilling or production platformses stood at $45,725 per unit in 2022, increasing by 7,936% against the previous year. Overall, the import price, however, continues to indicate a significant decrease. The import price peaked at $1,094,966 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($86,140 per unit), while the price for Japan totaled $5,309 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1,382.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Floating or Submersible Drilling or Production Platforms in Tanzania (FOB) - 2022

In 2022, the average export price for floating or submersible drilling or production platformses amounted to $46,419 per unit, rising by 50% against the previous year. In general, the export price, however, continues to indicate a pronounced decrease. Over the period under review, the average export prices hit record highs at $61,137 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +98.0% per year.

Imports of Floating or Submersible Drilling or Production Platforms in Tanzania

In 2022, supplies from abroad of floating or submersible drilling or production platformses decreased by -60% to 2 units, falling for the second consecutive year after two years of growth. Overall, imports saw a significant decline. The pace of growth appeared the most rapid in 2020 when imports increased by 40%. As a result, imports reached the peak of 7 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of floating or submersible drilling or production platformses soared to $91K in 2022. In general, imports, however, continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Floating or Submersible Drilling or Production Platforms to Tanzania in 2022:

1. Japan (1.0 units)
2. China (1.0 units)

Exports of Floating or Submersible Drilling or Production Platforms in Tanzania

In 2022, exports of floating or submersible drilling or production platformses from Tanzania fell rapidly to 1 units, dropping by -66.7% compared with 2021 figures. In general, exports saw a sharp slump. The exports peaked at 3 units in 2021, and then fell rapidly in the following year.

In value terms, exports of floating or submersible drilling or production platformses shrank remarkably to $46K in 2022. Over the period under review, exports faced a dramatic curtailment. Over the period under review, the exports of hit record highs at $93K in 2021, and then reduced notably in the following year.

Top Export Markets for Floating or Submersible Drilling or Production Platforms from Tanzania in 2022:

1. Rwanda (1.0 units)

Source: IndexBox Market Intelligence Platform