Alkali Metals; Sodium Price in Tanzania - 2022
Contents:
- Alkali Metals; Sodium Price in Tanzania (CIF) - 2022
- Alkali Metals; Sodium Price in Tanzania (FOB) - 2022
- Alkali Metals; Sodium Imports in Tanzania
- Alkali Metals; Sodium Exports in Tanzania
Alkali Metals; Sodium Price in Tanzania (CIF) - 2022
In 2022, the average alkali metals; sodium import price amounted to $4,913 per ton, surging by 163% against the previous year. In general, the import price enjoyed notable growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +57.1% per year.
Alkali Metals; Sodium Price in Tanzania (FOB) - 2022
In 2022, the average alkali metals; sodium export price amounted to $5,229 per ton, growing by 20% against the previous year. In general, the export price posted moderate growth. The most prominent rate of growth was recorded in 2021 an increase of 57%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($6,270 per ton), while the average price for exports to Burundi ($1,419 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+57.8%), while the prices for the other major destinations experienced more modest paces of growth.
Alkali Metals; Sodium Imports in Tanzania
In 2022, supplies from abroad of alkali metals; sodia decreased by -93.4% to 1.4 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 51%. As a result, imports reached the peak of 22 tons, and then shrank significantly in the following year.
In value terms, alkali metals; sodium imports fell rapidly to $7.1K in 2022. Over the period under review, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 130% against the previous year.
| Import of Alkali Metals; Sodium in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.1 | 0.2 | 1.3 | 7.1 | 314.1% |
| China | 14.9 | 34.5 | 39.0 | N/A | 61.8% |
| Others | 0.7 | 1.5 | 0.6 | N/A | -7.4% |
| Total | 15.8 | 36.2 | 40.9 | 7.1 | -23.4% |
Top Suppliers of Alkali Metals; Sodium to Tanzania in 2022:
- India (1.4 tons)
Alkali Metals; Sodium Exports in Tanzania
For the third year in a row, Tanzania recorded decline in shipments abroad of alkali metals; sodia, which decreased by -4.8% to 844 kg in 2022. In general, exports showed a sharp descent.
In value terms, alkali metals; sodium exports rose notably to $4.4K in 2022. Over the period under review, exports saw a deep downturn.
| Export of Alkali Metals; Sodium in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 2.1 | 4.2 | 3.5 | 3.8 | 21.9% |
| Rwanda | 0.6 | 0.6 | 0.2 | 0.4 | -12.6% |
| Burundi | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Democratic Republic of the Congo | 3.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.3 | 5.0 | 3.9 | 4.4 | -11.3% |
Top Export Markets for Alkali Metals; Sodium from Tanzania in 2022:
- Uganda (614.0 kg)
- Burundi (128.0 kg)
- Rwanda (102.0 kg)
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