Sulphates; of Aluminium Price in Tanzania - 2022
Contents:
- Sulphates; of Aluminium Price in Tanzania (CIF) - 2022
- Sulphates; of Aluminium Price in Tanzania (FOB) - 2022
- Sulphates; of Aluminium Imports in Tanzania
- Sulphates; of Aluminium Exports in Tanzania
Sulphates; of Aluminium Price in Tanzania (CIF) - 2022
In 2022, the average sulphates; of aluminium import price amounted to $392 per ton, growing by 78% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($497 per ton), while the price for China ($100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Aluminium Price in Tanzania (FOB) - 2022
In 2022, the average sulphates; of aluminium export price amounted to $100 per ton, leveling off at the previous year. Overall, the export price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 120%. As a result, the export price reached the peak level of $871 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($567 per ton), while the average price for exports to Democratic Republic of the Congo amounted to $95 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+1,386.8%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphates; of Aluminium Imports in Tanzania
For the third consecutive year, Tanzania recorded decline in overseas purchases of sulphates; of aluminia, which decreased by -39.4% to 1.5K tons in 2022. Over the period under review, imports recorded a precipitous slump. The smallest decline of -3% was in 2020.
In value terms, sulphates; of aluminium imports expanded sharply to $582K in 2022. In general, imports recorded a deep setback.
| Import of Sulphates; of Aluminium in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 518 | 353 | 298 | 262 | -20.3% |
| Turkey | 11.0 | 55.4 | 59.3 | 165 | 146.6% |
| Kenya | 8.5 | 12.1 | 11.8 | 97.2 | 125.3% |
| United Arab Emirates | 27.6 | 35.3 | 24.4 | 44.8 | 17.5% |
| China | 40.6 | 157 | 81.4 | 11.9 | -33.6% |
| Indonesia | 75.5 | 89.6 | 57.4 | N/A | -12.8% |
| Others | 101 | 26.9 | 8.8 | 1.2 | -77.2% |
| Total | 782 | 729 | 541 | 582 | -9.4% |
Top Suppliers of Sulphates; of Aluminium to Tanzania in 2022:
- India (656.6 tons)
- Turkey (332.1 tons)
- Kenya (266.0 tons)
- China (119.5 tons)
- United Arab Emirates (109.4 tons)
Sulphates; of Aluminium Exports in Tanzania
In 2022, after three years of growth, there was significant decline in overseas shipments of sulphates; of aluminia, when their volume decreased by -14.3% to 352 tons. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 204% against the previous year.
In value terms, sulphates; of aluminium exports declined to $35K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 90%.
| Export of Sulphates; of Aluminium in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 5.0 | 25.7 | 37.9 | 33.1 | 87.8% |
| Rwanda | 5.8 | 3.7 | 3.1 | 2.1 | -28.7% |
| Others | 4.7 | 0.2 | 0.1 | 0.1 | -72.3% |
| Total | 15.5 | 29.6 | 41.1 | 35.3 | 31.6% |
Top Export Markets for Sulphates; of Aluminium from Tanzania in 2022:
- Democratic Republic of the Congo (348.3 tons)
- Rwanda (3.8 tons)
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