Chlorides; of Aluminium Price in Tanzania - 2022

Chlorides; of Aluminium Price in Tanzania (CIF) - 2022

The average chlorides; of aluminium import price stood at $581 per ton in 2022, reducing by -20.3% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorides; of aluminium import price increased by +2.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 59%. The import price peaked at $729 per ton in 2021, and then shrank significantly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($586 per ton), while the price for China ($504 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Chlorides; of Aluminium Price in Tanzania (FOB) - 2022

The average chlorides; of aluminium export price stood at $1.2 per ton in October 2021, flattening at the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked in October 2021.

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

From May 2021 to October 2021, the rate of growth in terms of prices for Uganda amounted to +0.5% per month.

Chlorides; of Aluminium Imports in Tanzania

In 2022, approx. 5.1K tons of chlorides; of aluminia were imported into Tanzania; growing by 16% against 2021 figures. The total import volume increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorides; of aluminium imports reduced to $3M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $3.2M, and then reduced in the following year.

Import of Chlorides; of Aluminium in Tanzania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Africa	1,913	1,902	2,385	2,598	10.7%
India	75.9	96.7	101	187	35.1%
China	14.9	31.4	81.3	153	117.4%
Kenya	235	126	6.7	N/A	-83.1%
Others	48.8	42.2	621	16.5	-30.3%
Total	2,287	2,199	3,195	2,955	8.9%

Top Suppliers of Chlorides; of Aluminium to Tanzania in 2022:

South Africa (4.4K tons)
India (0.3K tons)
China (0.3K tons)

Chlorides; of Aluminium Exports in Tanzania

Chlorides; of aluminium exports from Tanzania stood at 1.1K tons in 2022, approximately mirroring the previous year. Overall, exports posted a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, chlorides; of aluminium exports totaled $1.3M in 2022. In general, exports showed a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.