Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Tanzania - 2023
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Tanzania (CIF) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Tanzania (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Tanzania
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Tanzania
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Tanzania (CIF) - 2022
The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $2,149 per ton in 2022, picking up by 1.5% against the previous year. In general, the import price, however, showed a deep contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 66% against the previous year. Over the period under review, average import prices reached the maximum at $6,681 per ton 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 Italy ($19,079 per ton), while the price for China ($1,189 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Tanzania (FOB) - 2022
In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $450,000 per ton, therefore, remained relatively stable against the previous year. In general, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2020 an increase of 50,400% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Zimbabwe.
From 2013 to 2022, the rate of growth in terms of prices for Zimbabwe amounted to +129.9% per year.
Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Tanzania
In 2022, after three years of growth, there was significant decline in overseas purchases of machine-tools; parts and accessories, for the machines of heading no. 8464, when their volume decreased by -5.6% to 73 tons. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 520% against the previous year. As a result, imports attained the peak of 77 tons, and then contracted in the following year.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 contracted modestly to $157K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 405% against the previous year. As a result, imports reached the peak of $164K, and then reduced modestly in the following year.
Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.0 | 8.1 | 39.6 | 77.6 | 326.5% |
Australia | 1.4 | 3.4 | 0.5 | 8.9 | 85.2% |
South Africa | 4.9 | 1.1 | 10.7 | 3.5 | -10.6% |
India | 0.2 | 0.3 | 57.0 | 1.2 | 81.7% |
Others | 13.3 | 19.4 | 55.9 | 65.5 | 70.1% |
Total | 20.7 | 32.4 | 164 | 157 | 96.5% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Tanzania in 2022:
- China (65.2 tons)
- South Africa (1.6 tons)
- Australia (1.3 tons)
- India (0.5 tons)
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Tanzania
For the third consecutive year, Tanzania recorded decline in overseas shipments of machine-tools; parts and accessories, for the machines of heading no. 8464, which decreased by 0% to 1 kg in 2022. Over the period under review, exports saw a dramatic decline. The smallest decline of -95% was in 2020.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $450 in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,425% against the previous year. As a result, the exports reached the peak of $808. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Tanzania (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | N/A | N/A | N/A | 450 | 0% |
Democratic Republic of the Congo | N/A | 808 | N/A | N/A | 0% |
Burundi | 32.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 32.0 | 808 | N/A | 450 | 141.4% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Tanzania in 2022:
- Zimbabwe (1.0 kg)
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