Isolating Switch Price in Tanzania - 2022

Contents:

1. Isolating Switch Price in Tanzania (CIF) - 2022
2. Isolating Switch Price in Tanzania (FOB) - 2022
3. Isolating Switch Imports in Tanzania
4. Isolating Switch Exports in Tanzania

Isolating Switch Price in Tanzania (CIF) - 2022

In 2022, the average isolating switch import price amounted to $19 per unit, surging by 73% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 148% against the previous year. The import price peaked at $20 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bahrain ($111 per unit), while the price for China ($3.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.7%), while the prices for the other major suppliers experienced a decline.

Isolating Switch Price in Tanzania (FOB) - 2022

In 2022, the average isolating switch export price amounted to $1.8 per unit, waning by -76.6% against the previous year. In general, the export price continues to indicate a significant decrease. The most prominent rate of growth was recorded in 2019 an increase of 72%. The export price peaked at $94 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -9.3% per year.

Isolating Switch Imports in Tanzania

In 2022, isolating switch imports into Tanzania soared to 187K units, growing by 26% against 2021. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 183% against the previous year. As a result, imports attained the peak of 223K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, isolating switch imports surged to $3.5M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Isolating Switch to Tanzania in 2022:

1. China (148.6K units)
2. Bahrain (26.1K units)
3. India (9.2K units)
4. Turkey (0.6K units)

Isolating Switch Exports in Tanzania

In 2022, shipments abroad of isolating switches & make-and-break switches decreased by -23% to 47 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 440%. Over the period under review, the exports attained the peak figure at 61 units in 2021, and then contracted markedly in the following year.

In value terms, isolating switch exports shrank remarkably to $85 in 2022. Over the period under review, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 90%. As a result, the exports attained the peak of $472, and then declined remarkably in the following year.

Top Export Markets for Isolating Switch from Tanzania in 2022:

1. United Arab Emirates (47.0 units)

Source: IndexBox Market Intelligence Platform