Sulphites; of Sodium Price in Tanzania - 2022
Contents:
- Sulphites; of Sodium Price in Tanzania (CIF) - 2022
- Sulphites; of Sodium Price in Tanzania (FOB) - 2022
- Sulphites; of Sodium Imports in Tanzania
- Sulphites; of Sodium Exports in Tanzania
Sulphites; of Sodium Price in Tanzania (CIF) - 2022
In 2022, the average sulphites; of sodium import price amounted to $359 per ton, rising by 27% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $366 per ton in 2012; however, from 2013 to 2022, import prices stood 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 China ($799 per ton), while the price for Thailand ($307 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; of Sodium Price in Tanzania (FOB) - 2022
The average sulphites; of sodium export price stood at $1,561 per ton in 2022, almost unchanged from the previous year. In general, the export price, however, showed significant growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 93%. The export price peaked at $1,562 per ton in 2021, and then contracted modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2015 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +25.8% per year.
Sulphites; of Sodium Imports in Tanzania
For the fourth year in a row, Tanzania recorded growth in overseas purchases of sulphites; of sodia, which increased by 138% to 12K tons in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; of sodium imports surged to $4.3M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Sulphites; of Sodium in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 635 | 759 | 273 | 3,121 | 70.0% |
China | 273 | 343 | 92.9 | 790 | 42.5% |
Saudi Arabia | N/A | N/A | N/A | 158 | 0% |
Hong Kong SAR | 17.7 | 9.8 | 1.9 | 122 | 90.3% |
Australia | 112 | 75.5 | 20.9 | N/A | -56.8% |
Others | 131 | 94.1 | 1,015 | 62.1 | -22.0% |
Total | 1,169 | 1,281 | 1,404 | 4,252 | 53.8% |
Top Suppliers of Sulphites; of Sodium to Tanzania in 2022:
- Thailand (10.2K tons)
- China (1.0K tons)
- Hong Kong SAR (0.4K tons)
- Saudi Arabia (0.2K tons)
Sulphites; of Sodium Exports in Tanzania
In 2022, shipments abroad of sulphites; of sodia decreased by -49.9% to 1.4 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a deep setback.
In value terms, sulphites; of sodium exports reduced rapidly to $2.2K in 2022. In general, exports, however, recorded a strong increase.
Export of Sulphites; of Sodium in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | 1.8 | N/A | 4.3 | 2.2 | 6.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.8 | N/A | 4.3 | 2.2 | 6.9% |
Top Export Markets for Sulphites; of Sodium from Tanzania in 2022:
- Democratic Republic of the Congo (1381.0 kg)
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