Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Tanzania - 2023

Contents:

1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Tanzania (CIF) - 2022
2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Tanzania (FOB) - 2022
3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Tanzania
4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Tanzania

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Tanzania (CIF) - 2022

The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $0.8 per unit in 2022, shrinking by -34.8% against the previous year. In general, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 85%. The import price peaked at $7.3 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($2.2 per unit), while the price for China ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.2%), while the prices for the other major suppliers experienced a decline.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Tanzania (FOB) - 2022

In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $27 per unit, surging by 185% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 1,141%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($32 per unit), while the average price for exports to South Africa ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Tanzania

Imports of drawing, marking-out or mathematical calculating instrumentses into Tanzania surged to 482K units in 2022, picking up by 196% compared with 2021. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses soared to $370K in 2022. In general, imports, however, showed a pronounced reduction. Over the period under review, imports of attained the peak figure at $396K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Tanzania in 2022:

1. China (289.2K units)
2. India (187.2K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Tanzania

In 2022, the amount of drawing, marking-out or mathematical calculating instrumentses exported from Tanzania fell significantly to 10 units, which is down by -61.5% against the previous year's figure. Over the period under review, exports saw a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 333%. Over the period under review, the exports of reached the peak figure at 1.1K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses expanded markedly to $267 in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 2,340%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Tanzania in 2022:

1. Zambia (4.0 units)
2. South Africa (2.0 units)
3. Democratic Republic of the Congo (1.0 units)
4. Rwanda (1.0 units)
5. Burundi (1.0 units)
6. Malawi (1.0 units)

Source: IndexBox Market Intelligence Platform