Salts; Molybdates Price in Tanzania - 2022
Contents:
Salts; Molybdates Price in Tanzania (CIF) - 2022
The average salts; molybdates import price stood at $9,287 per ton in 2022, with a decrease of -40.7% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 48%. Over the period under review, average import prices reached the maximum at $17,022 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 the Netherlands ($52,286 per ton), while the price for the UK ($5,417 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Salts; Molybdates Imports in Tanzania
In 2022, the amount of salts; molybdateses imported into Tanzania surged to 1.6 tons, with an increase of 63% against the previous year. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 501%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, salts; molybdates imports reduced modestly to $15K in 2022. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 556% against the previous year. As a result, imports reached the peak of $15K, and then reduced modestly in the following year.
| Import of Salts; Molybdates in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.2 | N/A | 0.4 | 5.6 | 203.7% |
| India | 0.6 | N/A | N/A | 4.5 | 95.7% |
| Germany | N/A | N/A | 0.1 | 1.2 | 1100.0% |
| Kenya | 3.2 | 0.9 | 5.7 | N/A | 33.5% |
| France | 4.7 | 1.3 | 8.4 | N/A | 33.7% |
| Others | 0.3 | 0.1 | 0.5 | 3.3 | 122.4% |
| Total | 9.1 | 2.3 | 15.0 | 14.5 | 16.8% |
Top Suppliers of Salts; Molybdates to Tanzania in 2022:
- United Kingdom (1034.0 kg)
- India (449.0 kg)
- Germany (26.0 kg)
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