Tanzania - Gear Cutting, Gear Grinding Or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGear Cutting Machine Price in Tanzania - 2022
Contents:
- Gear Cutting Machine Price in Tanzania (CIF) - 2022
- Gear Cutting Machine Price in Tanzania (FOB) - 2022
- Gear Cutting Machine Imports in Tanzania
- Gear Cutting Machine Exports in Tanzania
Gear Cutting Machine Price in Tanzania (CIF) - 2022
The average gear cutting machine import price stood at $10,158 per unit in 2022, increasing by 323% against the previous year. In general, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 1,974%. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($36,740 per unit), while the price for the United Arab Emirates ($51 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Gear Cutting Machine Price in Tanzania (FOB) - 2022
In 2022, the average gear cutting machine export price amounted to $1,494 per unit, picking up by 51% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1,380% against the previous year. Over the period under review, the average export prices hit record highs at $6,980 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($5,607 per unit), while the average price for exports to Uganda ($20 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Gear Cutting Machine Imports in Tanzania
In 2022, the amount of gear cutting, gear grinding or gear finishing machines imported into Tanzania dropped markedly to 8 units, shrinking by -57.9% against the year before. Overall, imports recorded a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports reached the peak of 19 units, and then shrank sharply in the following year.
In value terms, gear cutting machine imports soared to $81K in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 2,362%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Gear Cutting Machine in Tanzania (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.8 | N/A | 23.2 | 73.5 | 244.4% |
India | 5.8 | N/A | 0.8 | 2.7 | -22.5% |
Spain | 0.3 | N/A | 0.8 | 2.2 | 94.3% |
Colombia | N/A | N/A | N/A | 1.6 | 0% |
South Africa | 7.1 | 0.7 | 5.1 | 0.7 | -53.8% |
Hong Kong SAR | N/A | N/A | 0.2 | 0.6 | 200.0% |
United Arab Emirates | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Germany | 0.5 | 0.1 | 0.6 | N/A | 9.5% |
Kenya | 0.1 | N/A | 0.2 | N/A | 41.4% |
United States | 2.4 | N/A | 1.7 | N/A | -15.8% |
Lebanon | 1.6 | 0.2 | 1.7 | N/A | 3.1% |
Taiwan (Chinese) | 0.4 | 0.1 | 0.9 | N/A | 50.0% |
Italy | 0.4 | 0.1 | 1.1 | N/A | 65.8% |
Others | 4.5 | 0.6 | 9.1 | N/A | 42.2% |
Total | 25.1 | 1.9 | 45.6 | 81.3 | 48.0% |
Top Suppliers of Gear Cutting Machine to Tanzania in 2022:
- China (2.0 units)
- South Africa (1.0 units)
- United Arab Emirates (1.0 units)
- India (1.0 units)
- Spain (1.0 units)
- Colombia (1.0 units)
- Hong Kong SAR (1.0 units)
Gear Cutting Machine Exports in Tanzania
Gear cutting machine exports from Tanzania declined sharply to 4 units in 2022, reducing by -33.3% on 2021. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. As a result, the exports attained the peak of 6 units, and then fell markedly in the following year.
In value terms, gear cutting machine exports stood at $6K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Gear Cutting Machine in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | 2.8 | 4.2 | 4.2 | 5.6 | 26.0% |
Kenya | 0.3 | 0.4 | 0.3 | 0.3 | 0.0% |
Mozambique | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
Botswana | 0.3 | N/A | N/A | N/A | 0% |
Uganda | N/A | N/A | N/A | N/A | 0% |
Democratic Republic of the Congo | N/A | N/A | 0.2 | N/A | 0% |
Turkey | N/A | N/A | 1.1 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.6 | 4.7 | 5.9 | 6.0 | 18.6% |
Top Export Markets for Gear Cutting Machine from Tanzania in 2022:
- Kenya (1.0 units)
- Zambia (1.0 units)
- Mozambique (1.0 units)
- Uganda (1.0 units)
This report provides an in-depth analysis of the gear cutting machine 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 28412430 - Gear cutting, gear grinding or gear finishing machines, for working metals, metal carbides or cermets (excluding planing, s lotting and broaching machines)
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
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