Quartzite Price in Tanzania - 2023

Contents:

1. Quartzite Price in Tanzania (FOB) - 2022
2. Quartzite Price in Tanzania (CIF) - 2022
3. Quartzite Exports in Tanzania
4. Quartzite Imports in Tanzania

Quartzite Price in Tanzania (FOB) - 2022

The average quartzite export price stood at $246 per ton in 2022, remaining stable against the previous year. In general, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2015 when the average export price increased by 584% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,056 per ton in 2019; however, from 2020 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 Democratic Republic of the Congo ($1,500 per ton), while the average price for exports to China amounted to $224 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+118.9%).

Quartzite Price in Tanzania (CIF) - 2022

In 2022, the average quartzite import price amounted to $471 per ton, remaining constant against the previous year. Overall, the import price posted prominent growth. The pace of growth was the most pronounced in 2016 an increase of 129%. The import price peaked at $551 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +9.5% per year.

Quartzite Exports in Tanzania

In 2022, shipments abroad of quartzite decreased by 0% to 1.3K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a buoyant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, quartzite exports amounted to $333K in 2022. Over the period under review, exports continue to indicate a dramatic contraction. The smallest decline of 99.9% was in 2020.

Top Export Markets for Quartzite from Tanzania in 2022:

1. China (1325.9 tons)
2. Democratic Republic of the Congo (24.1 tons)

Quartzite Imports in Tanzania

After two years of decline, supplies from abroad of quartzite decreased by 0% to 121 kg in 2022. Overall, imports recorded a significant curtailment. The smallest decline of 99.9% was in 2020.

In value terms, quartzite imports amounted to $57 in 2022. Over the period under review, imports saw a precipitous setback. The smallest decline of 99.9% was in 2020.

Top Suppliers of Quartzite to Tanzania in 2022:

1. India (121.0 kg)

Source: IndexBox Market Intelligence Platform