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Tanzania - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Spiral or Discs Spring in Tanzania - 2021
Contents:
- Price for Metal Spiral or Discs Spring in Tanzania (CIF) - 2022
- Price for Metal Spiral or Discs Spring in Tanzania (FOB) - 2022
- Imports of Metal Spiral or Discs Spring in Tanzania
- Exports of Metal Spiral or Discs Spring in Tanzania
Price for Metal Spiral or Discs Spring in Tanzania (CIF) - 2022
The average import price for iron or steel flat spiral or discs springs stood at $1,448 per ton in 2022, declining by -54.3% against the previous year. In general, the import price showed a deep downturn. The growth pace was the most rapid in 2019 when the average import price increased by 97% against the previous year. The import price peaked at $5,295 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($6,298 per ton), while the price for Hong Kong SAR ($575 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 (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Spiral or Discs Spring in Tanzania (FOB) - 2022
In 2022, the average export price for iron or steel flat spiral or discs springs amounted to $4,256 per ton, growing by 55% against the previous year. Overall, the export price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices attained the peak figure at $35,326 per ton in 2014; however, from 2015 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 Botswana ($12,006 per ton), while the average price for exports to Rwanda ($350 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 Burundi (+30.0%), while the prices for the other major destinations experienced a decline.
Imports of Metal Spiral or Discs Spring in Tanzania
In 2022, metal spiral or discs spring imports into Tanzania skyrocketed to 806 tons, picking up by 142% on 2021. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal spiral or discs spring imports amounted to $1.2M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.9% 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 +67.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.
Import of Metal Spiral or Discs Spring in Tanzania (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 275 | 271 | 429 | 441 | 17.0% |
Turkey | 43.5 | 65.6 | 72.6 | 217 | 70.9% |
India | 68.3 | 32.7 | 75.1 | 82.7 | 6.6% |
United Arab Emirates | 70.9 | 12.5 | 72.0 | 67.1 | -1.8% |
Japan | 26.3 | 35.2 | 53.9 | 27.5 | 1.5% |
United Kingdom | 16.0 | 9.8 | 59.6 | 17.8 | 3.6% |
Hong Kong SAR | 1.8 | 1.5 | 2.2 | 9.8 | 75.9% |
Others | 193 | 330 | 293 | 305 | 16.5% |
Total | 695 | 758 | 1,058 | 1,167 | 18.9% |
Top Suppliers of Metal Spiral or Discs Spring to Tanzania in 2022:
- China (575.3 tons)
- United Arab Emirates (78.4 tons)
- Turkey (47.0 tons)
- India (41.2 tons)
- Hong Kong SAR (17.0 tons)
- Japan (12.8 tons)
- United Kingdom (4.8 tons)
Exports of Metal Spiral or Discs Spring in Tanzania
Metal spiral or discs spring exports from Tanzania surged to 5.7 tons in 2022, with an increase of 913% compared with the year before. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal spiral or discs spring exports surged to $24K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Metal Spiral or Discs Spring in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | N/A | N/A | N/A | 11.0 | 0% |
Botswana | 0.2 | N/A | N/A | 6.2 | 214.1% |
Netherlands | N/A | N/A | 0.1 | 5.5 | 5400.0% |
Kenya | 4.7 | 1.0 | 1.0 | 0.9 | -42.4% |
South Africa | N/A | N/A | N/A | 0.2 | 0% |
Rwanda | 0.1 | N/A | N/A | 0.2 | 26.0% |
Belgium | N/A | 0.4 | N/A | N/A | 0% |
Uganda | N/A | 0.1 | 0.1 | N/A | 0.0% |
Burundi | N/A | 0.3 | 0.1 | N/A | -66.7% |
Saudi Arabia | N/A | 3.5 | N/A | N/A | 0% |
Others | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
Total | 5.2 | 5.5 | 1.5 | 24.1 | 66.7% |
Top Export Markets for Metal Spiral or Discs Spring from Tanzania in 2022:
- Zimbabwe (2801.0 kg)
- Netherlands (1397.0 kg)
- Rwanda (660.0 kg)
- Botswana (517.0 kg)
- South Africa (111.0 kg)
- Kenya (72.0 kg)
This report provides an in-depth analysis of the market for metal spiral or discs spring 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 25931653 - Iron or steel flat spiral springs
- Prodcom 25931655 - Iron or steel discs springs
- Prodcom 25931660 - Iron or steel springs (excluding leaf-springs and leaves therefor, helical springs, flat spiral springs, discs springs)
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
This report provides an in-depth analysis of the market for metal spiral or discs spring in Tanzania.
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This report provides an in-depth analysis of the market for metal spiral or discs spring in Tanzania.
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