Tanzania - Toluene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingToluene Price in Tanzania - 2021
Contents:
- Toluene Price in Tanzania (CIF) - 2022
- Toluene Price in Tanzania (FOB) - 2022
- Toluene Imports in Tanzania
- Toluene Exports in Tanzania
Toluene Price in Tanzania (CIF) - 2022
The average toluene import price stood at $1,006 per ton in 2022, waning by -8.8% against the previous year. Overall, the import price recorded a pronounced downturn. The growth pace was the most rapid in 2016 an increase of 29%. As a result, import price attained the peak level of $1,539 per ton. From 2017 to 2022, the average 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 Taiwan (Chinese) ($1,270 per ton), while the price for Germany ($836 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Toluene Price in Tanzania (FOB) - 2022
In 2022, the average toluene export price amounted to $1,405 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a slight setback. The pace of growth was the most pronounced in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the maximum at $1,599 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to 0.0% per year.
Toluene Imports in Tanzania
In 2022, purchases abroad of toluene decreased by -0.7% to 703 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 13%.
In value terms, toluene imports fell to $707K in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 23%. As a result, imports attained the peak of $780K, and then shrank in the following year.
Import of Toluene in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 188 | 216 | 120 | 139 | -9.6% |
Singapore | 30.5 | 49.0 | 112 | 89.2 | 43.0% |
Taiwan (Chinese) | 37.0 | 89.7 | 95.7 | 76.5 | 27.4% |
United Arab Emirates | 12.2 | 24.6 | 39.3 | 69.0 | 78.2% |
Netherlands | 6.1 | 11.1 | 73.0 | 61.2 | 115.7% |
Thailand | 33.7 | 44.1 | 73.3 | 58.7 | 20.3% |
Belgium | 33.9 | 31.3 | 32.2 | 27.4 | -6.8% |
Germany | 17.5 | 11.7 | 33.0 | 26.4 | 14.7% |
India | 10.4 | 16.8 | 32.8 | 26.3 | 36.2% |
Spain | 43.5 | 35.8 | 33.0 | 23.4 | -18.7% |
China | 77.9 | 63.8 | 51.8 | 5.7 | -58.2% |
Hungary | 63.4 | 31.2 | N/A | N/A | -50.8% |
Portugal | 127 | N/A | N/A | N/A | 0% |
Others | 3.4 | 8.1 | 84.5 | 104 | 212.7% |
Total | 685 | 633 | 780 | 707 | 1.1% |
Top Suppliers of Toluene to Tanzania in 2022:
- South Korea (134.7 tons)
- Singapore (85.8 tons)
- United Arab Emirates (80.3 tons)
- Taiwan (Chinese) (60.2 tons)
- Netherlands (58.7 tons)
- Thailand (57.1 tons)
- Germany (31.6 tons)
- Belgium (27.8 tons)
- India (25.1 tons)
- Spain (21.4 tons)
- China (4.0 tons)
Toluene Exports in Tanzania
After two years of decline, overseas shipments of toluene decreased by 0% to 926 kg in 2022. In general, exports saw significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, toluene exports totaled $1.3K in 2022. Over the period under review, exports recorded a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
Export of Toluene in Tanzania (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | N/A | N/A | N/A | 1,301 | 0% |
Zambia | 196 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 196 | N/A | N/A | 1,301 | 87.9% |
Top Export Markets for Toluene from Tanzania in 2022:
- Rwanda (926.0 kg)
This report provides an in-depth analysis of the toluene market in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141225 - Toluene
Country coverage:
- Tanzania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tanzania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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