Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Tanzania - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Tanzania (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Tanzania (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Tanzania
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Tanzania
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Tanzania (CIF) - 2022
In 2022, the average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $1,754 per ton, reducing by -20.2% against the previous year. Overall, the import price showed a abrupt decrease. The growth pace was the most rapid in 2013 when the average import price increased by 77% against the previous year. Over the period under review, average import prices hit record highs at $6,221 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,500 per ton), while the price for India ($548 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Tanzania (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $48,925 per ton, with an increase of 20% against the previous year. In general, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 114%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +52.1% per year.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Tanzania
In 2022, purchases abroad of rubber; vulcanised, conveyor belts or belting, reinforced only with metals was finally on the rise to reach 36 tons after two years of decline. In general, imports, however, faced a significant decrease.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals reduced notably to $63K in 2022. Over the period under review, imports, however, recorded a precipitous descent.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.3 | 7.4 | 28.1 | 26.9 | -0.5% |
| South Africa | 5.0 | 4.2 | 4.7 | 14.9 | 43.9% |
| India | 1.4 | 1.3 | 0.8 | 6.7 | 68.5% |
| United States | 0.2 | 0.1 | N/A | 4.7 | 186.4% |
| France | 0.2 | 0.3 | 0.2 | 3.4 | 157.1% |
| Swaziland | 33.2 | N/A | N/A | N/A | 0% |
| Germany | 123 | 61.6 | 20.9 | N/A | -58.8% |
| United Kingdom | 92.4 | 27.1 | N/A | N/A | -70.7% |
| Italy | 12.2 | 1.1 | 1.5 | N/A | -64.9% |
| Others | 210 | 85.1 | 21.9 | 6.4 | -68.8% |
| Total | 504 | 188 | 78.1 | 62.9 | -50.0% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Tanzania in 2022:
- China (17.8 tons)
- India (12.2 tons)
- South Africa (3.1 tons)
- France (1.4 tons)
- United States (0.6 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Tanzania
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with metals exported from Tanzania contracted significantly to 200 kg, which is down by -59.4% against the previous year. Over the period under review, exports faced a precipitous decrease. The smallest decline of -2.7% was in 2020.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals shrank markedly to $9.8K in 2022. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 90% against the previous year. As a result, the exports reached the peak of $30K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | N/A | N/A | N/A | 9.8 | 0% |
| Malawi | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Uganda | 7.9 | 19.5 | 17.6 | N/A | 49.3% |
| Rwanda | 7.8 | 10.7 | 2.4 | N/A | -44.5% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 15.9 | 30.3 | 20.0 | 9.8 | -14.9% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Tanzania in 2022:
- Democratic Republic of the Congo (200.0 kg)
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