Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Tanzania - 2022

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Tanzania (CIF) - 2022
  2. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Tanzania

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Tanzania (CIF) - 2022

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $3,609 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 6.7% against the previous year. The import price peaked at $7,480 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Bahrain.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.1% per year.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Tanzania

In 2022, after two years of decline, there was decline in supplies from abroad of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms, when their volume decreased by 0% to 73 tons. Overall, imports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms totaled $262K in 2022. In general, imports posted a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BahrainN/AN/AN/A2620%
Others1.3N/AN/AN/A0%
Total1.3N/AN/A262486.3%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Tanzania in 2022:

  1. Bahrain (72.6 tons)

Source: IndexBox Market Intelligence Platform

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