Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Tanzania - 2023
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Tanzania (CIF) - 2022
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Tanzania (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Tanzania
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Tanzania
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Tanzania (CIF) - 2022
In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $811 per ton, falling by -18.5% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 207% against the previous year. As a result, import price reached the peak level of $3,430 per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 India ($1,251 per ton), while the price for Iran ($98 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Tanzania (FOB) - 2022
In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $2,507 per ton, jumping by 103% against the previous year. Over the period under review, the export price, however, showed a sharp curtailment. The pace of growth appeared the most rapid in 2018 an increase of 4,601% against the previous year. The export price peaked at $51,315 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Rwanda ($1,879 per ton) and Democratic Republic of the Congo ($1,648 per ton), while the average price for exports to Kenya ($1,374 per ton) and Comoros ($1,549 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Tanzania
In 2022, approx. 8.7K tons of tubes, pipes and hollow profiles, of cast iron were imported into Tanzania; growing by 58% compared with 2021 figures. In general, imports, however, recorded a deep slump.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron surged to $7.1M in 2022. Overall, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 136% against the previous year.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.9 | 1.2 | 4.2 | 5.4 | -2.9% |
| China | 3.2 | 0.8 | 0.9 | 1.4 | -24.1% |
| Iran | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.4 | 0.3 | 0.1 | 0.1 | -37.0% |
| Total | 9.6 | 2.3 | 5.5 | 7.1 | -9.6% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Tanzania in 2022:
- India (4.3K tons)
- China (3.0K tons)
- Iran (0.9K tons)
- Hong Kong SAR (0.3K tons)
- United Arab Emirates (0.1K tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Tanzania
In 2022, overseas shipments of tubes, pipes and hollow profiles, of cast iron increased by 445% to 266 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron skyrocketed to $440K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 37.2 | 50.0 | 35.7 | 361 | 113.3% |
| Rwanda | 0.1 | N/A | 1.5 | 45.3 | 668.0% |
| Comoros | N/A | N/A | N/A | 18.3 | 0% |
| Kenya | N/A | N/A | N/A | 14.6 | 0% |
| Zambia | N/A | N/A | 3.9 | N/A | 0% |
| Others | 2.9 | 1.8 | 5.3 | 0.3 | -53.1% |
| Total | 40.2 | 51.7 | 46.4 | 440 | 122.0% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Tanzania in 2022:
- Democratic Republic of the Congo (219.3 tons)
- Rwanda (24.1 tons)
- Comoros (11.8 tons)
- Kenya (10.7 tons)
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This report provides an in-depth analysis of the market for iron or steel pipe and tube in Tanzania.
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This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
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This report provides an in-depth analysis of the market for iron or steel pipe and tube in Tanzania.
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This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
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Discover the top import markets for iron or steel pipe and tube globally. Explore key statistics and import values for countries like the United States, Germany, Canada, and more.
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