Price for Inner Tubes, of Rubber in Tanzania - 2022
Contents:
- Price for Inner Tubes, of Rubber in Tanzania (CIF) - 2022
- Price for Inner Tubes, of Rubber in Tanzania (FOB) - 2022
- Imports of Inner Tubes, of Rubber in Tanzania
- Exports of Inner Tubes, of Rubber in Tanzania
Price for Inner Tubes, of Rubber in Tanzania (CIF) - 2022
In 2022, the average inner tubes, of rubber import price amounted to $1.6 per unit, picking up by 17% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inner tubes, of rubber import price increased by +16.6% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 29%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 United Arab Emirates ($6.1 per unit), while the price for Uganda ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inner Tubes, of Rubber in Tanzania (FOB) - 2022
The average inner tubes, of rubber export price stood at $1.6 per unit in 2022, shrinking by -6.3% against the previous year. Over the period under review, the export price showed a noticeable setback. The pace of growth was the most pronounced in 2016 when the average export price increased by 47% against the previous year. As a result, the export price attained the peak level of $2.6 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($8 per unit), while the average price for exports to Democratic Republic of the Congo totaled $1.5 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+12.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Inner Tubes, of Rubber in Tanzania
Inner tubes, of rubber imports into Tanzania declined significantly to 3.2M units in 2022, reducing by -66.6% compared with 2021. In general, imports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of 9.6M units, and then dropped rapidly in the following year.
In value terms, inner tubes, of rubber imports reduced remarkably to $5.2M in 2022. Overall, imports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports reached the peak of $13M, and then declined significantly in the following year.
Import of Inner Tubes, of Rubber in Tanzania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 4.7 | 4.4 | 6.8 | 2.6 | -17.9% |
China | 3.4 | 3.9 | 4.2 | 1.6 | -22.2% |
Uganda | 0.4 | 1.1 | 1.2 | 0.6 | 14.5% |
Others | 0.8 | 0.8 | 1.0 | 0.4 | -20.6% |
Total | 9.4 | 10.2 | 13.2 | 5.2 | -17.9% |
Top Suppliers of Inner Tubes, of Rubber to Tanzania in 2022:
- India (1692.3K units)
- China (1032.7K units)
- Uganda (422.4K units)
Exports of Inner Tubes, of Rubber in Tanzania
Inner tubes, of rubber exports from Tanzania skyrocketed to 27K units in 2022, growing by 252% compared with the previous year. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, inner tubes, of rubber exports surged to $43K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Inner Tubes, of Rubber in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | N/A | 7.0 | 11.2 | 40.6 | 140.8% |
Kenya | 4.5 | 8.8 | N/A | 2.0 | -23.7% |
Uganda | N/A | 3.2 | N/A | N/A | 0% |
China | 2.1 | N/A | N/A | N/A | 0% |
Others | 2.5 | 0.4 | 1.7 | 0.1 | -65.8% |
Total | 9.1 | 19.4 | 12.9 | 42.7 | 67.4% |
Top Export Markets for Inner Tubes, of Rubber from Tanzania in 2022:
- Democratic Republic of the Congo (27.1K units)
- Kenya (0.2K units)
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