Price for Aluminium; Alloys, Hollow Profiles in Tanzania - 2022
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Tanzania (CIF) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Tanzania (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in Tanzania
- Exports of Aluminium; Alloys, Hollow Profiles in Tanzania
Price for Aluminium; Alloys, Hollow Profiles in Tanzania (CIF) - 2022
The average aluminium; alloys, hollow profiles import price stood at $2,063 per ton in December 2021, which is down by -10.5% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2021 an increase of 16% m-o-m. The import price peaked at $2,306 per ton in November 2021, and then reduced in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2021 to December 2021, the rate of growth in terms of prices for China amounted to +0.1% per month.
Price for Aluminium; Alloys, Hollow Profiles in Tanzania (FOB) - 2022
In 2022, the average aluminium; alloys, hollow profiles export price amounted to $4,149 per ton, with an increase of 48% against the previous year. Over the period under review, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 171%. As a result, the export price reached the peak level of $6,284 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($4,870 per ton), while the average price for exports to Malawi totaled $3,764 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+2.5%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Alloys, Hollow Profiles in Tanzania
In 2022, purchases abroad of aluminium; alloys, hollow profileses decreased by -9.5% to 3.3K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1.5% against the previous year. As a result, imports reached the peak of 4.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, aluminium; alloys, hollow profiles imports amounted to $7.8M in 2022. Over the period under review, imports saw a deep slump.
| Import of Aluminium; Alloys, Hollow Profiles in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.5 | 11.0 | 7.0 | 7.7 | -9.8% |
| Others | 0.9 | 0.7 | 0.5 | 0.1 | -51.9% |
| Total | 11.3 | 11.7 | 7.5 | 7.8 | -11.6% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Tanzania in 2022:
- China (3.3K tons)
Exports of Aluminium; Alloys, Hollow Profiles in Tanzania
Aluminium; alloys, hollow profiles exports from Tanzania contracted remarkably to 552 kg in 2022, falling by -96.9% against the previous year's figure. Overall, exports continue to indicate a sharp decline. The smallest decline of -15.2% was in 2021.
In value terms, aluminium; alloys, hollow profiles exports fell dramatically to $2.3K in 2022. Over the period under review, exports saw a sharp decline. The smallest decline of -37.6% was in 2021.
| Export of Aluminium; Alloys, Hollow Profiles in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malawi | 0.7 | 0.8 | 0.1 | 1.4 | 26.0% |
| Burundi | 0.6 | 0.2 | 0.6 | 0.9 | 14.5% |
| Comoros | 0.9 | 1.8 | 2.0 | N/A | 49.1% |
| Rwanda | 172 | 75.0 | 45.1 | N/A | -48.8% |
| Democratic Republic of the Congo | 3.7 | 2.1 | 1.9 | N/A | -28.3% |
| Others | 0.3 | 0.1 | 0.2 | N/A | -18.4% |
| Total | 178 | 80.0 | 49.9 | 2.3 | -76.5% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Tanzania in 2022:
- Malawi (360.0 kg)
- Burundi (192.0 kg)
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