Tanzania - Grinding, Sanding Or Polishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Grinding, Sanding and Polishing Machine in Tanzania - 2022
Contents:
- Price for Grinding, Sanding and Polishing Machine in Tanzania (CIF) - 2022
- Price for Grinding, Sanding and Polishing Machine in Tanzania (FOB) - 2022
- Imports of Grinding, Sanding and Polishing Machine in Tanzania
- Exports of Grinding, Sanding and Polishing Machine in Tanzania
Price for Grinding, Sanding and Polishing Machine in Tanzania (CIF) - 2022
The average import price for grinding, sanding and polishing machines stood at $486 per unit in 2022, dropping by -40.5% against the previous year. In general, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2013 an increase of 39%. Over the period under review, average import prices reached the maximum at $1,190 per unit in 2015; however, from 2016 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 South Africa ($5,835 per unit), while the price for Hong Kong SAR ($250 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Grinding, Sanding and Polishing Machine in Tanzania (FOB) - 2022
The average export price for grinding, sanding and polishing machines stood at $30 per unit in 2022, jumping by 69% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2016 an increase of 339% against the previous year. The export price peaked at $234 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Zambia.
From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to +40.5% per year.
Imports of Grinding, Sanding and Polishing Machine in Tanzania
Grinding, sanding and polishing machine imports into Tanzania skyrocketed to 1.3K units in 2022, growing by 573% on 2021 figures. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, grinding, sanding and polishing machine imports surged to $628K in 2022. Overall, imports showed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Grinding, Sanding and Polishing Machine in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 396 | 31.0 | 86.2 | 498 | 7.9% |
Hong Kong SAR | 3.9 | 5.6 | 11.0 | 55.7 | 142.6% |
United Kingdom | 0.1 | 0.2 | 0.3 | 54.3 | 715.8% |
Others | 35.6 | 42.6 | 59.4 | 20.3 | -17.1% |
Total | 436 | 79.4 | 157 | 628 | 12.9% |
Top Suppliers of Grinding, Sanding and Polishing Machine to Tanzania in 2022:
- China (900.0 units)
- Hong Kong SAR (223.0 units)
- United Kingdom (155.0 units)
Exports of Grinding, Sanding and Polishing Machine in Tanzania
In 2022, shipments abroad of grinding, sanding and polishing machines decreased by -75% to 1 units, falling for the second year in a row after two years of growth. Overall, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 25% against the previous year. As a result, the exports reached the peak of 5 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, grinding, sanding and polishing machine exports contracted markedly to $30 in 2022. In general, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. As a result, the exports reached the peak of $476. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Grinding, Sanding and Polishing Machine in Tanzania (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | 1.0 | 4.0 | 25.0 | 30.0 | 210.7% |
Malawi | N/A | N/A | 25.0 | N/A | 0% |
Nigeria | 368 | N/A | N/A | N/A | 0% |
Uganda | 5.0 | 2.0 | 14.0 | N/A | 67.3% |
Mozambique | N/A | 32.0 | N/A | N/A | 0% |
Rwanda | 1.0 | 1.0 | 7.0 | N/A | 164.6% |
Democratic Republic of the Congo | N/A | 437 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 375 | 476 | 71.0 | 30.0 | -56.9% |
Top Export Markets for Grinding, Sanding and Polishing Machine from Tanzania in 2022:
- Zambia (1.0 units)
This report provides an in-depth analysis of the market for grinding, sanding and polishing machine in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials
Country coverage:
- Tanzania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tanzania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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