Price for Dyes; Pigments and Preparations Based Thereon in Tanzania - 2022

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Tanzania (CIF) - 2022
  2. Price for Dyes; Pigments and Preparations Based Thereon in Tanzania (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Tanzania
  4. Exports of Dyes; Pigments and Preparations Based Thereon in Tanzania

Price for Dyes; Pigments and Preparations Based Thereon in Tanzania (CIF) - 2022

The average import price for dyes; pigments and preparations based therea stood at $3,710 per ton in 2022, rising by 31% against the previous year. Overall, the import price, however, continues to indicate a slight downturn. The pace of growth was the most pronounced in 2016 an increase of 34%. Over the period under review, average import prices hit record highs at $4,332 per ton in 2017; however, from 2018 to 2022, 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 South Africa ($11,678 per ton), while the price for Vietnam ($584 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Pigments and Preparations Based Thereon in Tanzania (FOB) - 2022

In 2022, the average export price for dyes; pigments and preparations based therea amounted to $4,277 per ton, picking up by 16% against the previous year. In general, the export price posted strong growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 137% against the previous year. Over the period under review, the average export prices attained the maximum at $5,751 per ton in 2018; however, from 2019 to 2022, the 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 ($12,891 per ton), while the average price for exports to Ethiopia ($256 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 Zambia (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dyes; Pigments and Preparations Based Thereon in Tanzania

In 2022, overseas purchases of dyes; pigments and preparations based therea decreased by -2% to 2K tons, falling for the second consecutive year after two years of growth. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 77% against the previous year. As a result, imports attained the peak of 2.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of dyes; pigments and preparations based therea soared to $7.5M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Dyes; Pigments and Preparations Based Thereon in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2,9453,3723,8844,51115.3%
United Arab Emirates2582655471,16865.4%
China644611517553-5.0%
South Africa77.389.462.748984.9%
Vietnam10948236717918.0%
Spain55.11.67.695.920.3%
Others4457264865356.3%
Total4,5335,5475,8717,53218.4%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Tanzania in 2022:

  1. India (1176.4 tons)
  2. Vietnam (307.4 tons)
  3. United Arab Emirates (227.4 tons)
  4. China (141.4 tons)
  5. Spain (56.5 tons)
  6. South Africa (41.9 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Tanzania

After two years of decline, shipments abroad of dyes; pigments and preparations based therea increased by 105% to 13 tons in 2022. In general, exports, however, continue to indicate a deep downturn.

In value terms, exports of dyes; pigments and preparations based therea surged to $54K in 2022. Over the period under review, exports, however, showed a deep reduction.

Export of Dyes; Pigments and Preparations Based Thereon in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda51.2N/AN/A18.2-29.2%
Zambia7.29.5N/A16.832.6%
Malawi6.917.86.89.511.2%
KenyaN/AN/AN/A5.50%
BurundiN/A3.411.92.4-16.0%
EthiopiaN/AN/AN/A1.50%
MozambiqueN/A0.3N/AN/A0%
Others0.3N/A4.1N/A269.7%
Total65.631.122.853.9-6.3%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Tanzania in 2022:

  1. Ethiopia (6.0 tons)
  2. Uganda (2.3 tons)
  3. Zambia (1.3 tons)
  4. Burundi (1.1 tons)
  5. Kenya (1.0 tons)
  6. Malawi (0.9 tons)

Source: IndexBox Market Intelligence Platform

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