Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Tanzania - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Tanzania (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Tanzania (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Tanzania
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Tanzania
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Tanzania (CIF) - 2022
In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,427 per ton, shrinking by -8.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 22%. As a result, import price reached the peak level of $2,903 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
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 Netherlands ($6,630 per ton), while the price for the United Arab Emirates ($705 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Tanzania (FOB) - 2022
In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $3,317 per ton, picking up by 71% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 81% against the previous year. As a result, the export price attained the peak level of $5,852 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($4,192 per ton), while the average price for exports to Kenya amounted to $2,468 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+87.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Tanzania
In 2022, approx. 1K tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were imported into Tanzania; which is down by -36.5% against the previous year. Overall, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of 1.6K tons, and then contracted remarkably in the following year.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) reduced markedly to $2.5M in 2022. In general, imports showed a mild descent. The pace of growth appeared the most rapid in 2021 when imports increased by 66%. As a result, imports attained the peak of $4.3M, and then fell significantly in the following year.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 948 | 1,503 | 2,353 | 1,427 | 14.6% |
| India | 97.2 | 67.5 | 167 | 327 | 49.8% |
| Netherlands | 4.5 | 15.8 | 245 | 123 | 201.2% |
| United Arab Emirates | 213 | 65.2 | 24.8 | 103 | -21.5% |
| Turkey | 18.5 | 18.1 | 26.3 | 92.2 | 70.8% |
| Hong Kong SAR | 4.3 | 0.5 | 16.6 | 90.5 | 176.1% |
| Saudi Arabia | 262 | 200 | 106 | 59.5 | -39.0% |
| Germany | 75.3 | 60.9 | 215 | 58.5 | -8.1% |
| Egypt | 3.6 | 5.8 | 2.3 | 29.7 | 102.1% |
| South Africa | 443 | 118 | 93.7 | 22.0 | -63.2% |
| Others | 497 | 523 | 1,023 | 157 | -31.9% |
| Total | 2,565 | 2,578 | 4,273 | 2,489 | -1.0% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Tanzania in 2022:
- China (565.8 tons)
- United Arab Emirates (146.2 tons)
- India (99.6 tons)
- Turkey (43.9 tons)
- Hong Kong SAR (43.2 tons)
- Egypt (27.4 tons)
- Netherlands (18.5 tons)
- Saudi Arabia (18.2 tons)
- Germany (10.6 tons)
- South Africa (7.0 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Tanzania
In 2022, overseas shipments of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -76.3% to 3.2 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 321% against the previous year.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) contracted dramatically to $11K in 2022. Overall, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 0.7 | 4.4 | 1.7 | 6.7 | 112.3% |
| Kenya | 1.3 | 8.9 | 23.3 | 4.1 | 46.6% |
| Comoros | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Nigeria | 5.7 | N/A | N/A | N/A | 0% |
| Burundi | 0.2 | 1.1 | 0.9 | N/A | 112.1% |
| Rwanda | 0.2 | 1.0 | 0.4 | N/A | 41.4% |
| Others | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
| Total | 8.3 | 15.7 | 26.6 | 10.8 | 9.2% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Tanzania in 2022:
- Kenya (1.6 tons)
- Zambia (1.6 tons)
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