Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Tanzania - 2022

Contents:

  1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Tanzania (CIF) - 2022
  2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Tanzania (FOB) - 2022
  3. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Tanzania
  4. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Tanzania

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Tanzania (CIF) - 2022

The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $315 per unit in 2022, declining by -25.7% against the previous year. In general, the import price recorded a pronounced descent. The pace of growth was the most pronounced in 2020 an increase of 30% against the previous year. As a result, import price attained the peak level of $448 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($485 per unit), while the price for the UK ($215 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Tanzania (FOB) - 2022

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $131 per unit in 2022, with a decrease of -72% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 1,028%. The export price peaked at $468 per unit in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($257 per unit), while the average price for exports to Kenya ($60 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+117.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Tanzania

In 2022, approx. 5.4K units of heaters; instantaneous or storage water heaters, non-electric, other than gasses were imported into Tanzania; picking up by 82% against the previous year's figure. In general, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses surged to $1.7M in 2022. Over the period under review, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey13340.71.880882.5%
China322186630218-12.2%
Israel11618910619919.7%
Greece272119170146-18.7%
India27.422.560.814273.1%
South Africa95.72.446.774.3-8.1%
United States28.013.50.146.118.1%
Portugal27.232.226.9N/A-0.6%
Others12517222276.0-15.3%
Total1,1477771,2651,71014.2%

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Tanzania in 2022:

  1. Turkey (3557.0 units)
  2. China (452.0 units)
  3. Israel (412.0 units)
  4. Greece (301.0 units)
  5. India (294.0 units)
  6. South Africa (154.0 units)
  7. United States (95.0 units)

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Tanzania

After three years of growth, overseas shipments of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -96% to 7 units in 2022. In general, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 381% against the previous year. As a result, the exports attained the peak of 173 units, and then contracted sharply in the following year.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses reduced sharply to $918 in 2022. Over the period under review, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 591% against the previous year. As a result, the exports reached the peak of $81K, and then contracted rapidly in the following year.

Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo3.44.04.20.5-47.2%
GermanyN/AN/AN/A0.20%
KenyaN/AN/A0.10.2100.0%
NetherlandsN/AN/AN/A0.10%
Burundi0.11.650.4N/A2145.0%
Mozambique0.84.018.0N/A374.3%
Others0.32.28.3N/A426.0%
Total4.711.780.90.9-42.4%

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Tanzania in 2022:

  1. Kenya (3.0 units)
  2. Democratic Republic of the Congo (2.0 units)
  3. Netherlands (1.0 units)
  4. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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