Tanzania - Iron Or Steel Articulated Link Chain - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Tanzania - Iron Or Steel Articulated Link Chain - Market Analysis, Forecast, Size, Trends And Insights

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Metal Link Chain Price in Tanzania - 2022

Contents:

  1. Metal Link Chain Price in Tanzania (CIF) - 2022
  2. Metal Link Chain Price in Tanzania (FOB) - 2022
  3. Metal Link Chain Imports in Tanzania
  4. Metal Link Chain Exports in Tanzania

Metal Link Chain Price in Tanzania (CIF) - 2022

In 2022, the average metal link chain import price amounted to $2,374 per ton, rising by 34% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 107%. As a result, import price reached the peak level of $3,097 per ton. From 2017 to 2022, the average import prices remained at a 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 Germany ($11,283 per ton), while the price for China ($1,570 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Link Chain Price in Tanzania (FOB) - 2022

In 2022, the average metal link chain export price amounted to $5,150 per ton, shrinking by -57.4% against the previous year. Over the period under review, the export price saw a abrupt decline. The growth pace was the most rapid in 2016 an increase of 76%. Over the period under review, the average export prices hit record highs at $16,731 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($12,466 per ton), while the average price for exports to Zimbabwe ($631 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+0.5%), while the prices for the other major destinations experienced a decline.

Metal Link Chain Imports in Tanzania

In 2022, purchases abroad of iron or steel articulated link chain decreased by -29.5% to 497 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 35% against the previous year. As a result, imports reached the peak of 780 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, metal link chain imports dropped to $1.2M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 5.1% against the previous year. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Metal Link Chain in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5776627166041.5%
United Kingdom12515369.319516.0%
India10737.771.789.6-5.7%
South Africa81.549.462.882.00.2%
Germany17216817749.2-34.1%
Turkey61.231.02.326.3-24.5%
Others80.616715213518.8%
Total1,2051,2671,2511,181-0.7%

Top Suppliers of Metal Link Chain to Tanzania in 2022:

  1. China (385.0 tons)
  2. United Kingdom (34.7 tons)
  3. India (31.2 tons)
  4. South Africa (12.4 tons)
  5. Turkey (7.8 tons)
  6. Germany (4.4 tons)

Metal Link Chain Exports in Tanzania

In 2022, after two years of decline, there was significant growth in overseas shipments of iron or steel articulated link chain, when their volume increased by 3,426% to 1.4 tons. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal link chain exports surged to $7.1K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Metal Link Chain in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A6,0210%
Malawi2.0308N/A448507.3%
ComorosN/AN/AN/A3450%
ZimbabweN/AN/AN/A2460%
Democratic Republic of the Congo98.0N/A3.01.0-78.3%
Kenya2,189N/A1.0N/A-97.9%
Rwanda325N/A1.0N/A-94.5%
NetherlandsN/A1,186N/AN/A0%
Others45.0N/A46620.0-23.7%
Total2,6591,4944717,08138.6%

Top Export Markets for Metal Link Chain from Tanzania in 2022:

  1. United Arab Emirates (483.0 kg)
  2. Zimbabwe (390.0 kg)
  3. Malawi (297.0 kg)
  4. Comoros (200.0 kg)
  5. Democratic Republic of the Congo (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal link chain 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 28152170 - Iron or steel articulated link chain (excluding roller chain)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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