Carbonates; Potassium Carbonate Price in Tanzania - 2022

Contents:

  1. Carbonates; Potassium Carbonate Price in Tanzania (CIF) - 2022
  2. Carbonates; Potassium Carbonate Imports in Tanzania

Carbonates; Potassium Carbonate Price in Tanzania (CIF) - 2022

The average carbonates; potassium carbonate import price stood at $2,791 per ton in 2022, shrinking by -2.1% against the previous year. In general, the import price, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 79%. Over the period under review, average import prices attained the peak figure at $3,904 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.2% per year.

Carbonates; Potassium Carbonate Imports in Tanzania

After two years of decline, overseas purchases of carbonates; potassium carbonates increased by 1,662% to 32 tons in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carbonates; potassium carbonate imports soared to $89K in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Potassium Carbonate in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.91.84.987.0122.5%
South Africa1.40.9N/A1.0-10.6%
TurkeyN/A0.1N/AN/A0%
Others2.42.40.20.8-30.7%
Total11.65.25.188.897.1%

Top Suppliers of Carbonates; Potassium Carbonate to Tanzania in 2022:

  1. China (31.1 tons)
  2. South Africa (0.3 tons)

Source: IndexBox Market Intelligence Platform

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