Price for Navigational Instruments and Appliances; Parts and Accessories in Tanzania - 2023
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Tanzania (CIF) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Tanzania (FOB) - 2022
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Tanzania
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Tanzania
Price for Navigational Instruments and Appliances; Parts and Accessories in Tanzania (CIF) - 2022
The average import price for navigational instruments and appliances; parts and accessorieses stood at $40,792 per ton in 2022, falling by -50.9% against the previous year. Overall, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2019 when the average import price increased by 253%. Over the period under review, average import prices attained the maximum at $144,950 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Korea ($373,291 per ton), while the price for Turkey ($469 per ton) 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 (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Navigational Instruments and Appliances; Parts and Accessories in Tanzania (FOB) - 2022
In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $642,344 per ton, with a decrease of -57.7% against the previous year. In general, the export price, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 5,588%. As a result, the export price attained the peak level of $2,560 per kg. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,248,571 per ton), while the average price for exports to the United States amounted to $170,833 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-4.0%), while the prices for the other major destinations experienced a decline.
Imports of Navigational Instruments and Appliances; Parts and Accessories in Tanzania
In 2022, imports of navigational instruments and appliances; parts and accessorieses into Tanzania surged to 2.1 tons, growing by 134% against the previous year's figure. In general, imports posted prominent growth. The growth pace was the most rapid in 2021 with an increase of 402% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of navigational instruments and appliances; parts and accessorieses expanded significantly to $84K in 2022. Overall, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 493% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Navigational Instruments and Appliances; Parts and Accessories in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 61.6 | 0% |
| United States | 8.9 | 1.1 | 58.4 | 2.4 | -35.4% |
| Turkey | N/A | N/A | N/A | 0.8 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 0.5 | 0% |
| United Kingdom | 37.0 | N/A | 0.1 | N/A | -94.8% |
| Australia | N/A | 4.8 | N/A | N/A | 0% |
| Others | 15.3 | 6.5 | 15.0 | 19.0 | 7.5% |
| Total | 61.2 | 12.4 | 73.4 | 84.3 | 11.3% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Tanzania in 2022:
- Turkey (1748.0 kg)
- South Korea (165.0 kg)
- United States (42.0 kg)
- United Arab Emirates (41.0 kg)
Exports of Navigational Instruments and Appliances; Parts and Accessories in Tanzania
In 2022, overseas shipments of navigational instruments and appliances; parts and accessorieses decreased by -65.2% to 32 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports faced a sharp curtailment.
In value terms, exports of navigational instruments and appliances; parts and accessorieses shrank dramatically to $21K in 2022. Overall, exports faced a precipitous decrease.
| Export of Navigational Instruments and Appliances; Parts and Accessories in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 43.0 | N/A | 140 | 17.5 | -25.9% |
| United States | N/A | N/A | N/A | 3.1 | 0% |
| South Africa | 2.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 45.3 | N/A | 140 | 20.6 | -23.1% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Tanzania in 2022:
- United States (18.0 kg)
- Netherlands (14.0 kg)
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