Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Tanzania - 2023

Contents:

  1. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Tanzania (CIF) - 2022
  2. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Tanzania (FOB) - 2022
  3. Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Tanzania
  4. Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Tanzania

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Tanzania (CIF) - 2022

The average import price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses stood at $11 thousand per unit in 2022, declining by -3.9% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $63 thousand per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($11 thousand per unit) and the United Arab Emirates ($11 thousand per unit), while the price for France ($11 thousand per unit) and Denmark ($11 thousand per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-14.4%), while the prices for the other major suppliers experienced a decline.

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Tanzania (FOB) - 2022

In 2022, the average export price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses amounted to $323 per unit, falling by -37.1% against the previous year. In general, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when the average export price increased by 30% against the previous year. The export price peaked at $818 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 Uganda ($1.1 thousand per unit), while the average price for exports to India ($107 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 India (+13.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Tanzania

For the fourth consecutive year, Tanzania recorded growth in overseas purchases of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses, which increased by 12% to 4.4K units in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 76% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses rose significantly to $48M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 9.5% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.211.613.212.916.3%
South Africa6.47.47.37.13.5%
India2.33.32.73.818.2%
United States3.12.42.83.76.1%
Italy3.02.32.33.00.0%
Germany2.91.73.33.01.1%
Sweden1.01.31.32.230.1%
United Arab Emirates1.00.80.81.821.6%
Turkey0.81.40.91.317.6%
France0.60.50.31.226.0%
United Kingdom2.01.62.01.1-18.1%
Denmark0.80.91.10.94.0%
South KoreaN/A0.5N/A0.826.5%
Others5.04.86.45.00.0%
Total36.940.444.347.58.8%

Top Suppliers of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators to Tanzania in 2022:

  1. China (1216.0 units)
  2. South Africa (664.0 units)
  3. India (360.0 units)
  4. United States (346.0 units)
  5. Italy (279.0 units)
  6. Germany (278.0 units)
  7. Sweden (204.0 units)
  8. United Arab Emirates (167.0 units)
  9. Turkey (119.0 units)
  10. France (109.0 units)
  11. United Kingdom (99.0 units)
  12. Denmark (83.0 units)
  13. South Korea (80.0 units)

Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Tanzania

In 2022, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses from Tanzania declined sharply to 3.3K units, dropping by -63.7% compared with 2021 figures. Over the period under review, exports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of 170% against the previous year. As a result, the exports reached the peak of 9.2K units, and then declined notably in the following year.

In value terms, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses dropped dramatically to $1.1M in 2022. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 251%. As a result, the exports reached the peak of $4.7M, and then shrank remarkably in the following year.

Export of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo18.4N/A35.6191118.1%
Belgium232288249151-13.3%
South Africa33.028.132.611049.4%
ZimbabweN/AN/A2.11095090.5%
Comoros0.10.60.646.3673.6%
IndiaN/A4.1N/A34.7190.9%
Rwanda21.86.228.433.715.6%
Ghana228N/AN/A7.8-67.5%
Mozambique55.617.412.86.4-51.4%
Uganda89.57.87.54.3-63.6%
Kenya25450.44,2622.7-78.0%
Zambia13251517.62.3-74.1%
Others22242974.537719.3%
Total1,2871,3474,7231,078-5.7%

Top Export Markets for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators from Tanzania in 2022:

  1. Democratic Republic of the Congo (1313.0 units)
  2. South Africa (486.0 units)
  3. Zimbabwe (384.0 units)
  4. India (325.0 units)
  5. Comoros (283.0 units)
  6. Belgium (233.0 units)
  7. Rwanda (150.0 units)
  8. Mozambique (23.0 units)
  9. Ghana (11.0 units)
  10. Zambia (4.0 units)
  11. Uganda (4.0 units)
  12. Kenya (4.0 units)

Source: IndexBox Market Intelligence Platform

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