Price for New Pneumatic Tyres, of Rubber in Tanzania - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in Tanzania (CIF) - 2022
- Price for New Pneumatic Tyres, of Rubber in Tanzania (FOB) - 2022
- Imports of New Pneumatic Tyres, of Rubber in Tanzania
- Exports of New Pneumatic Tyres, of Rubber in Tanzania
Price for New Pneumatic Tyres, of Rubber in Tanzania (CIF) - 2022
In 2022, the average import price for new pneumatic tyres, of rubbers amounted to $25 per unit, surging by 5% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, new pneumatic tyres, of rubber import price decreased by -29.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 24%. As a result, import price reached the peak level of $35 per unit. From 2021 to 2022, the average 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 Africa ($73 per unit), while the price for India ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for New Pneumatic Tyres, of Rubber in Tanzania (FOB) - 2022
The average export price for new pneumatic tyres, of rubbers stood at $86 per unit in 2022, dropping by -6.6% against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 197% against the previous year. The export price peaked at $263 per unit in 2012; however, from 2013 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 Malawi ($128 per unit), while the average price for exports to Zambia ($72 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-2.6%), while the prices for the other major destinations experienced a decline.
Imports of New Pneumatic Tyres, of Rubber in Tanzania
In 2022, new pneumatic tyres, of rubber imports into Tanzania declined to 7.2M units, waning by -9.2% against the previous year's figure. Overall, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 94% against the previous year. As a result, imports reached the peak of 8M units, and then fell in the following year.
In value terms, new pneumatic tyres, of rubber imports dropped slightly to $180M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports attained the peak of $189M, and then fell slightly in the following year.
| Import of New Pneumatic Tyres, of Rubber in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 101 | 105 | 138 | 129 | 8.5% |
| India | 8.3 | 7.5 | 10.0 | 11.7 | 12.1% |
| South Africa | 5.2 | 4.4 | 4.8 | 5.6 | 2.5% |
| United Arab Emirates | 4.2 | 5.1 | 7.2 | 0.7 | -45.0% |
| Others | 24.3 | 22.6 | 28.3 | 33.0 | 10.7% |
| Total | 143 | 145 | 189 | 180 | 8.0% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Tanzania in 2022:
- China (6.1M units)
- India (0.6M units)
- South Africa (0.1M units)
Exports of New Pneumatic Tyres, of Rubber in Tanzania
New pneumatic tyres, of rubber exports from Tanzania soared to 18K units in 2022, jumping by 968% on 2021. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, new pneumatic tyres, of rubber exports surged to $1.5M in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of New Pneumatic Tyres, of Rubber in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 75.2 | 145 | 29.5 | 634 | 103.5% |
| Kenya | 197 | 5.2 | 0.3 | 499 | 36.3% |
| Zambia | 119 | 413 | 40.8 | 235 | 25.5% |
| Egypt | N/A | N/A | N/A | 106 | 0% |
| Rwanda | 32.5 | 156 | 60.6 | 0.4 | -76.9% |
| Uganda | N/A | 79.1 | 14.3 | N/A | -81.9% |
| Others | 64.5 | 61.8 | 6.7 | 44.9 | -11.4% |
| Total | 488 | 860 | 152 | 1,519 | 46.0% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Tanzania in 2022:
- Kenya (6.8K units)
- Democratic Republic of the Congo (5.6K units)
- Zambia (3.3K units)
- Egypt (1.5K units)
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