Tanzania - Rosin And Resin Acids And Derivatives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Rosin and Resin Acid and Derivative in Tanzania - 2023
Contents:
- Price for Rosin and Resin Acid and Derivative in Tanzania (CIF) - 2022
- Price for Rosin and Resin Acid and Derivative in Tanzania (FOB) - 2022
- Imports of Rosin and Resin Acid and Derivative in Tanzania
- Exports of Rosin and Resin Acid and Derivative in Tanzania
Price for Rosin and Resin Acid and Derivative in Tanzania (CIF) - 2022
The average import price for rosin and resin acids and derivatives stood at $1,746 per ton in 2022, reducing by -16.3% against the previous year. In general, the import price recorded a slight decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 32% against the previous year. The import price peaked at $2,101 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Kenya ($5,231 per ton), while the price for India ($1,695 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 (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rosin and Resin Acid and Derivative in Tanzania (FOB) - 2022
In 2022, the average export price for rosin and resin acids and derivatives amounted to $8,498 per ton, approximately reflecting the previous year. Over the period under review, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2018 when the average export price decreased by -24.3% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2017 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +52.9% per year.
Imports of Rosin and Resin Acid and Derivative in Tanzania
Imports of rosin and resin acids and derivatives into Tanzania rose modestly to 215 tons in 2022, growing by 4% against the previous year. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.9% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 65%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of rosin and resin acids and derivatives declined to $376K in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 59% against the previous year.
Import of Rosin and Resin Acid and Derivative in Tanzania (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 152 | 276 | 400 | 350 | 32.1% |
Kenya | 26.1 | 19.9 | 13.5 | 8.7 | -30.7% |
Others | 22.2 | 24.4 | 18.3 | 17.6 | -7.4% |
Total | 201 | 320 | 432 | 376 | 23.2% |
Top Suppliers of Rosin and Resin Acids and Derivatives to Tanzania in 2022:
- India (206.4 tons)
- Kenya (1.7 tons)
Exports of Rosin and Resin Acid and Derivative in Tanzania
In 2022, the amount of rosin and resin acids and derivatives exported from Tanzania totaled 1.2 tons, approximately equating 2021. Over the period under review, exports showed a abrupt slump. The smallest decline of 99.9% was in 2021.
In value terms, exports of rosin and resin acids and derivatives totaled $10K in 2022. Overall, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
Export of Rosin and Resin Acid and Derivative in Tanzania (Thousand USD) | ||||
---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
Democratic Republic of the Congo | 4.9 | N/A | 10.2 | 44.3% |
Zambia | 0.4 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 0% |
Total | 5.2 | N/A | 10.2 | 40.1% |
Top Export Markets for Rosin and Resin Acids and Derivatives from Tanzania in 2022:
- Democratic Republic of the Congo (1.2 tons)
This report provides an in-depth analysis of the market for rosin and resin acid and derivative 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 20147150 - Rosin and resin acids, and derivatives, rosin spirit and oils, r un gums
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
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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 rosin and resin acid and derivative in Tanzania.
This report provides an in-depth analysis of the global market for rosin and resin acid and derivative.
This report provides an in-depth analysis of the market for rosin and resin acid and derivative in Tanzania.
This report provides an in-depth analysis of the global market for rosin and resin acid and derivative.
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...