Price for Antiques; of an Age Exceeding One Hundred Years in Tanzania - 2023

Contents:

  1. Price for Antiques; of an Age Exceeding One Hundred Years in Tanzania (FOB) - 2022
  2. Price for Antiques; of an Age Exceeding One Hundred Years in Tanzania (CIF) - 2022
  3. Exports of Antiques; of an Age Exceeding One Hundred Years in Tanzania
  4. Imports of Antiques; of an Age Exceeding One Hundred Years in Tanzania

Price for Antiques; of an Age Exceeding One Hundred Years in Tanzania (FOB) - 2022

The average export price for antiques; of an age exceeding one hundred yearses stood at $1,025,159 per ton in 2022, which is down by -42.6% against the previous year. In general, the export price, however, saw a perceptible expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 267% against the previous year. Over the period under review, the average export prices attained the maximum at $2,595,750 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,046,791 per ton), while the average price for exports to Namibia ($6,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+49.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Antiques; of an Age Exceeding One Hundred Years in Tanzania (CIF) - 2022

The average import price for antiques; of an age exceeding one hundred yearses stood at $222,667 per ton in 2022, jumping by 34% against the previous year. Overall, the import price, however, continues to indicate a slight descent. The growth pace was the most rapid in 2020 when the average import price increased by 75%. Over the period under review, average import prices attained the peak figure at $256,129 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($593,500 per ton), while the price for the United Arab Emirates ($106,571 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.4%), while the prices for the other major suppliers experienced a decline.

Exports of Antiques; of an Age Exceeding One Hundred Years in Tanzania

In 2022, the amount of antiques; of an age exceeding one hundred yearses exported from Tanzania soared to 45 kg, growing by 50% compared with the previous year. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 650% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of antiques; of an age exceeding one hundred yearses soared to $45K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Antiques; of an Age Exceeding One Hundred Years in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.60.116.045.061.9%
Burundi0.40.10.10.1-37.0%
NamibiaN/AN/AN/AN/A0%
Others0.612.7N/AN/A2016.7%
Total11.612.916.145.157.2%

Top Export Markets for Antiques; of an Age Exceeding One Hundred Years from Tanzania in 2022:

  1. United States (43.0 kg)
  2. Burundi (1.0 kg)
  3. Namibia (1.0 kg)

Imports of Antiques; of an Age Exceeding One Hundred Years in Tanzania

In 2022, the amount of antiques; of an age exceeding one hundred yearses imported into Tanzania totaled 31 kg, growing by 6.9% compared with the previous year's figure. In general, imports, however, recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 625%.

In value terms, imports of antiques; of an age exceeding one hundred yearses declined markedly to $5.3K in 2022. Overall, imports, however, recorded a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 6,381%. As a result, imports reached the peak of $9.3K, and then shrank markedly in the following year.

Import of Antiques; of an Age Exceeding One Hundred Years in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.2N/A1.42.2122.4%
India2.20.11.51.9-4.8%
United Kingdom0.8N/A0.81.214.5%
Italy3.3N/AN/AN/A0%
Others0.9N/A5.6N/A149.4%
Total7.50.19.35.3-10.9%

Top Suppliers of Antiques; of an Age Exceeding One Hundred Years to Tanzania in 2022:

  1. United Arab Emirates (21.0 kg)
  2. India (8.0 kg)
  3. United Kingdom (2.0 kg)

Source: IndexBox Market Intelligence Platform

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