Market Size for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Tanzania - 2022
Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V Consumption in Tanzania - 2022
In 2022, consumption of lightning arresters, voltage limiters and surge suppressors for over 1000 v decreased by -26.7% to 486K units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, saw prominent growth. Consumption of peaked at 662K units in 2021, and then contracted markedly in the following year.
The value of the market for lightning arresters, voltage limiters and surge suppressors for over 1000 v in Tanzania dropped to $1.6M in 2022, reducing by -9.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a significant increase. Consumption of peaked at $1.8M in 2021, and then declined in the following year.
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