Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Tanzania - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Tanzania (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Tanzania (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Tanzania
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Tanzania
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Tanzania (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $30 per unit, waning by -21% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth was the most pronounced in 2016 an increase of 141% against the previous year. As a result, import price reached the peak level of $240 per unit. From 2017 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 the UK ($182 per unit), while the price for China ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-4.6%), while the prices for the other major suppliers experienced a decline.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Tanzania (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $126 per unit in 2022, with an increase of 3.9% against the previous year. Over the period under review, the export price showed resilient growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 169%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($135 per unit), while the average price for exports to Zambia ($1 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Tanzania
For the fourth consecutive year, Tanzania recorded growth in supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), which increased by 35% to 6.2K units in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 49% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) rose remarkably to $186K in 2022. Overall, imports, however, continue to indicate a mild curtailment. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the peak figure at $196K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 59.9 | 78.9 | 41.0 | 60.7 | 0.4% |
| India | 11.9 | 7.5 | 10.1 | 26.7 | 30.9% |
| Pakistan | N/A | N/A | 2.8 | N/A | 0% |
| Others | 124 | 99.9 | 121 | 98.8 | -7.3% |
| Total | 196 | 186 | 175 | 186 | -1.7% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Tanzania in 2022:
- China (4.6K units)
- India (1.1K units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Tanzania
For the fourth consecutive year, Tanzania recorded growth in shipments abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), which increased by 55% to 59 units in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 217%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) surged to $7.5K in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 294% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 579 | 1,145 | 4,313 | 7,310 | 132.9% |
| Democratic Republic of the Congo | 12.0 | 16.0 | 196 | 89.0 | 95.0% |
| India | 6.0 | 5.0 | 18.0 | 28.0 | 67.1% |
| Ghana | 3.0 | 5.0 | 14.0 | 20.0 | 88.2% |
| Turkey | N/A | N/A | N/A | 14.0 | 0% |
| Zambia | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Others | N/A | 1.0 | 85.0 | N/A | 8400.0% |
| Total | 601 | 1,173 | 4,627 | 7,462 | 131.6% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Tanzania in 2022:
- Germany (54.0 units)
- Ghana (1.0 units)
- Turkey (1.0 units)
- Zambia (1.0 units)
- India (1.0 units)
- Democratic Republic of the Congo (1.0 units)
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