Metals; Silver Powder Price in Tanzania - 2023
Contents:
- Metals; Silver Powder Price in Tanzania (CIF) - 2022
- Metals; Silver Powder Price in Tanzania (FOB) - 2022
- Metals; Silver Powder Imports in Tanzania
- Metals; Silver Powder Exports in Tanzania
Metals; Silver Powder Price in Tanzania (CIF) - 2022
In 2022, the average metals; silver powder import price amounted to $9,867,900 per ton, jumping by 1,918% against the previous year. Over the period under review, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($24,276,750 per ton), while the price for the United Arab Emirates ($69,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+273.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Metals; Silver Powder Price in Tanzania (FOB) - 2022
The average metals; silver powder export price stood at $19,000 per ton in 2022, dropping by -13.6% against the previous year. In general, the export price recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2014 an increase of 62% against the previous year. Over the period under review, the average export prices attained the peak figure at $747,769 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 ($36,000 per ton), while the average price for exports to Democratic Republic of the Congo amounted to $2,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (-22.0%), while the prices for the other major destinations experienced a decline.
Metals; Silver Powder Imports in Tanzania
In 2022, overseas purchases of metals; silver powder decreased by -90.1% to 10 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 3,267%. As a result, imports reached the peak of 101 kg, and then reduced sharply in the following year.
In value terms, metals; silver powder imports skyrocketed to $99K in 2022. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 48,323%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Metals; Silver Powder in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 97.1 | 0% |
| South Africa | 0.1 | 0.1 | 28.6 | 0.9 | 108.0% |
| China | 0.1 | N/A | 14.3 | 0.4 | 58.7% |
| United Arab Emirates | N/A | N/A | 6.4 | 0.3 | -95.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.2 | 0.1 | 49.4 | 98.7 | 690.2% |
Top Suppliers of Metals; Silver Powder to Tanzania in 2022:
- United Kingdom (4.0 kg)
- United Arab Emirates (4.0 kg)
- China (1.0 kg)
- South Africa (1.0 kg)
Metals; Silver Powder Exports in Tanzania
In 2022, the amount of metals; silver powder exported from Tanzania amounted to 2 kg, approximately reflecting the year before. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, metals; silver powder exports contracted to $38 in 2022. Over the period under review, exports saw a abrupt descent. The smallest decline of -13.6% was in 2020.
| Export of Metals; Silver Powder in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 54.0 | 47.0 | 41.0 | 36.0 | -12.6% |
| Democratic Republic of the Congo | 5.0 | 4.0 | 3.0 | 2.0 | -26.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 59.0 | 51.0 | 44.0 | 38.0 | -13.6% |
Top Export Markets for Metals; Silver Powder from Tanzania in 2022:
- Democratic Republic of the Congo (1.0 kg)
- Zambia (1.0 kg)
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