Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Tanzania - 2023

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Tanzania (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Tanzania

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Tanzania (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,220 per unit, jumping by 64% against the previous year. In general, the import price, however, continues to indicate a pronounced descent. The growth pace was the most rapid in 2018 when the average import price increased by 145%. The import price peaked at $2,102 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,936 per unit), while the price for the Netherlands ($57 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+35.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Tanzania

In 2022, approx. 17 units of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses were imported into Tanzania; waning by -51.4% compared with the year before. Over the period under review, imports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 150%. As a result, imports attained the peak of 35 units, and then shrank notably in the following year.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses dropped significantly to $21K in 2022. Overall, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 17%. Over the period under review, imports of attained the peak figure at $36K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India9.710.68.87.9-6.6%
South Africa7.66.57.36.2-6.6%
Italy2.72.42.92.5-2.5%
China12.90.11.41.9-47.2%
United Arab Emirates2.31.92.31.8-7.8%
United Kingdom1.20.80.70.4-30.7%
NetherlandsN/AN/AN/A0.10%
UkraineN/AN/A2.6N/A0%
OthersN/AN/AN/AN/A0%
Total36.522.326.020.7-17.2%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Tanzania in 2022:

  1. China (7.0 units)
  2. South Africa (3.0 units)
  3. Italy (2.0 units)
  4. India (2.0 units)
  5. Netherlands (1.0 units)
  6. United Arab Emirates (1.0 units)
  7. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform

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