Tanzania - Refined Copper - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Price in Tanzania - 2022
Contents:
- Copper Price in Tanzania (FOB) - 2022
- Copper Price in Tanzania (CIF) - 2022
- Copper Exports in Tanzania
- Copper Imports in Tanzania
Copper Price in Tanzania (FOB) - 2022
In 2022, the average copper export price amounted to $3,575 per ton, declining by -58.5% against the previous year. In general, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2021 an increase of 31%. As a result, the export price attained the peak level of $8,605 per ton, and then contracted markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +7.1% per year.
Copper Price in Tanzania (CIF) - 2022
The average copper import price stood at $3,602 per ton in 2022, which is down by -16.8% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 72% against the previous year. As a result, import price reached the peak level of $9,448 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($7,899 per ton), while the price for China stood at $3,330 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Exports in Tanzania
In 2022, overseas shipments of refined copper decreased by -99.9% to 32 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 115%. As a result, the exports reached the peak of 41K tons, and then fell sharply in the following year.
In value terms, copper exports declined significantly to $114K in 2022. In general, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 183%. As a result, the exports attained the peak of $351M, and then fell dramatically in the following year.
Export of Copper in Tanzania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 12.4 | 49.1 | 47.1 | 0.1 | -79.9% |
Bulgaria | 6.1 | 10.6 | 5.7 | N/A | -3.3% |
Spain | 6.4 | 2.3 | 101 | N/A | 297.3% |
Thailand | 19.5 | 7.8 | 12.0 | N/A | -21.6% |
Malaysia | 8.9 | 3.2 | 0.9 | N/A | -68.2% |
India | 10.7 | 27.1 | 37.8 | N/A | 88.0% |
Egypt | 7.6 | N/A | N/A | N/A | 0% |
Saudi Arabia | N/A | N/A | 8.5 | N/A | 0% |
Others | 21.1 | 23.9 | 138 | N/A | 155.7% |
Total | 92.6 | 124 | 351 | 0.1 | -89.7% |
Top Export Markets for Copper from Tanzania in 2022:
- China (32.0 tons)
Copper Imports in Tanzania
For the third consecutive year, Tanzania recorded decline in purchases abroad of refined copper, which decreased by 99.9% to 620 kg in 2022. Over the period under review, imports continue to indicate a dramatic shrinkage. The smallest decline of -62.7% was in 2020.
In value terms, copper imports fell dramatically to $2.2K in 2022. In general, imports continue to indicate a significant decrease. The smallest decline of -66.5% was in 2020.
Import of Copper in Tanzania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.2 | 0.1 | N/A | N/A | -50.0% |
Zambia | 386 | N/A | N/A | N/A | 0% |
South Africa | N/A | 129 | N/A | N/A | 0% |
Turkey | N/A | N/A | N/A | N/A | 0% |
Others | 0.3 | N/A | 11.5 | N/A | 519.1% |
Total | 387 | 129 | 11.5 | N/A | -82.8% |
Top Suppliers of Copper to Tanzania in 2022:
- China (583.0 kg)
- Turkey (37.0 kg)
This report provides an in-depth analysis of the copper market in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24441330 - Unwrought unalloyed refined copper (excluding rolled, e xtruded or forged sintered products)
Country coverage:
- Tanzania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tanzania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the copper market in Tanzania.
This report provides an in-depth analysis of the global copper market.
This report provides an in-depth analysis of the global copper market.
This report provides an in-depth analysis of the copper market in Tanzania.
Global Unwrought Copper Alloy Market Report 2018. This report provides an in-depth analysis of the global unwrought copper alloy market.
This report provides an in-depth analysis of the global copper market.
This report provides an in-depth analysis of the global copper market.
Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
Explore the top import markets for copper, including China, the United States, Germany, Italy, and more. Learn about their import values and the role of copper in various industries.
Global refined copper imports amounted to X tons in 2016, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>