Tanzania - Iron or Steel Crown Corks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTanzania: Metal Crown Cork Market 2024
Metal Crown Cork Market Size in Tanzania
In 2023, the Tanzanian metal crown cork market decreased by X% to $X, falling for the fourth year in a row after three years of growth. In general, consumption showed a slight decrease. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.
Metal Crown Cork Production in Tanzania
In value terms, metal crown cork production fell to $X in 2023 estimated in export price. Overall, production showed a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.
Metal Crown Cork Exports
Exports from Tanzania
For the fifth year in a row, Tanzania recorded growth in shipments abroad of iron or steel crown corks, which increased by X% to X units in 2023. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the immediate term.
In value terms, metal crown cork exports amounted to $X in 2023. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked in 2023 and are expected to retain growth in the immediate term.
Exports by Country
Malawi (X units), Rwanda (X units) and Mozambique (X units) were the main destinations of metal crown cork exports from Tanzania, with a combined X% share of total exports.
From 2012 to 2023, the biggest increases were recorded for Mozambique (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Malawi ($X) remains the key foreign market for iron or steel crown corks exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by Rwanda ($X), with a X% share of total exports. It was followed by Mozambique, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Malawi stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (X% per year) and Mozambique (X% per year).
Export Prices by Country
In 2023, the average metal crown cork export price amounted to $X per thousand units, approximately equating the previous year. Overall, the export price, however, posted slight growth. The growth pace was the most rapid in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per thousand units. From 2019 to 2023, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($X per thousand units), while the average price for exports to Rwanda ($X per thousand units) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (X%), while the prices for the other major destinations experienced a decline.
Metal Crown Cork Imports
Imports into Tanzania
In 2023, after seven years of growth, there was significant decline in purchases abroad of iron or steel crown corks, when their volume decreased by X% to X units. In general, imports, however, recorded a temperate expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X units in 2022, and then declined markedly in the following year.
In value terms, metal crown cork imports fell dramatically to $X in 2023. Over the period under review, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then fell remarkably in the following year.
Imports by Country
Kenya (X units) and Uganda (X units) were the main suppliers of metal crown cork imports to Tanzania.
From 2012 to 2023, the biggest increases were recorded for Uganda (with a CAGR of X%).
In value terms, the largest metal crown cork suppliers to Tanzania were Kenya ($X) and Uganda ($X).
Uganda, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.
Import Prices by Country
In 2023, the average metal crown cork import price amounted to $X per thousand units, increasing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Uganda ($X per thousand units), while the price for Kenya stood at $X per thousand units.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uganda (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the metal crown cork 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 25921330 - Iron or steel crown corks
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
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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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