Price for Tube or Pipe Flanges of Stainless Steel in Tanzania - 2023
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Tanzania (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Tanzania (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Tanzania
- Exports of Tube or Pipe Flanges of Stainless Steel in Tanzania
Price for Tube or Pipe Flanges of Stainless Steel in Tanzania (CIF) - 2022
The average import price for tube or pipe flanges of stainless steels stood at $3,895 per ton in 2022, jumping by 18% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 89%. Over the period under review, average import prices hit record highs at $5,658 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 Belgium ($17,808 per ton), while the price for Turkey ($1,128 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Tanzania (FOB) - 2022
The average export price for tube or pipe flanges of stainless steels stood at $9,189 per ton in 2022, with an increase of 80% against the previous year. Over the period under review, the export price enjoyed a modest expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 246% against the previous year. As a result, the export price reached the peak level of $14,406 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($46,056 per ton), while the average price for exports to Kenya ($2,886 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+40.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Flanges of Stainless Steel in Tanzania
In 2022, overseas purchases of tube or pipe flanges of stainless steels decreased by -34.6% to 204 tons, falling for the second year in a row after two years of growth. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 204% against the previous year. As a result, imports reached the peak of 333 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tube or pipe flanges of stainless steels shrank notably to $795K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 108% against the previous year.
| Import of Tube or Pipe Flanges of Stainless Steel in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 148 | 200 | 775 | 300 | 26.6% |
| India | 44.2 | 20.0 | 46.7 | 231 | 73.5% |
| Kenya | N/A | 1.2 | 2.1 | 45.7 | 517.1% |
| South Africa | 22.5 | 12.8 | 28.3 | 39.4 | 20.5% |
| United Arab Emirates | 12.2 | 4.9 | 10.4 | 37.9 | 45.9% |
| Japan | 1.6 | 0.1 | 3.4 | 19.6 | 130.5% |
| Turkey | 18.5 | 47.0 | 27.9 | 17.3 | -2.2% |
| Italy | 5.4 | 11.2 | 46.5 | 5.7 | 1.8% |
| South Korea | 1.6 | 225 | 0.1 | 4.2 | 37.9% |
| Others | 26.6 | 62.3 | 92.6 | 93.6 | 52.1% |
| Total | 281 | 585 | 1,033 | 795 | 41.4% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Tanzania in 2022:
- China (87.5 tons)
- India (61.2 tons)
- United Arab Emirates (15.7 tons)
- Turkey (15.3 tons)
- South Africa (8.6 tons)
- Japan (3.7 tons)
- Kenya (3.6 tons)
- South Korea (1.8 tons)
- Italy (1.0 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Tanzania
In 2022, approx. 753 kg of tube or pipe flanges of stainless steels were exported from Tanzania; reducing by -72.9% against the previous year's figure. In general, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 143% against the previous year. As a result, the exports reached the peak of 2.8 tons, and then shrank markedly in the following year.
In value terms, exports of tube or pipe flanges of stainless steels contracted dramatically to $6.9K in 2022. Overall, exports, however, showed a prominent increase. The growth pace was the most rapid in 2020 with an increase of 220%. As a result, the exports attained the peak of $16K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tube or Pipe Flanges of Stainless Steel in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | N/A | 3.3 | 0% |
| Kenya | 3.3 | N/A | N/A | 1.7 | -19.8% |
| Netherlands | N/A | N/A | N/A | 1.1 | 0% |
| Belgium | N/A | 0.1 | 1.9 | N/A | 1800.0% |
| Uganda | N/A | N/A | N/A | N/A | 0% |
| Mozambique | 0.1 | N/A | N/A | N/A | 0% |
| Rwanda | 1.8 | N/A | 6.7 | N/A | 92.9% |
| Zambia | N/A | 15.0 | 0.5 | N/A | -96.7% |
| South Africa | N/A | N/A | 5.0 | N/A | 0% |
| Others | N/A | 1.4 | N/A | 0.8 | -24.4% |
| Total | 5.1 | 16.5 | 14.2 | 6.9 | 10.6% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Tanzania in 2022:
- Kenya (598.0 kg)
- Netherlands (74.0 kg)
- Egypt (72.0 kg)
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