Price for Silicates; Commercial Alkali Metal Silicates in Tanzania - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Tanzania (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in Tanzania (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates in Tanzania
- Exports of Silicates; Commercial Alkali Metal Silicates in Tanzania
Price for Silicates; Commercial Alkali Metal Silicates in Tanzania (CIF) - 2022
The average import price for silicates; commercial alkali metal silicateses stood at $436 per ton in 2022, rising by 36% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; commercial alkali metal silicates import price increased by +94.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 37%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 China ($658 per ton), while the price for Iran ($221 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates in Tanzania (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $419 per ton, with an increase of 33% against the previous year. Over the period under review, the export price saw perceptible growth. The growth pace was the most rapid in 2018 an increase of 98%. As a result, the export price reached the peak level of $565 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($971 per ton), while the average price for exports to Burundi ($350 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 Rwanda (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Silicates; Commercial Alkali Metal Silicates in Tanzania
Silicates; commercial alkali metal silicates imports into Tanzania dropped to 9.7K tons in 2022, waning by -9.7% against the previous year's figure. Over the period under review, imports faced a abrupt shrinkage.
In value terms, silicates; commercial alkali metal silicates imports skyrocketed to $4.2M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 518 | 632 | 1,395 | 2,164 | 61.1% |
| Kenya | 1,599 | 1,041 | 498 | 1,024 | -13.8% |
| India | 760 | 743 | 471 | 434 | -17.0% |
| Pakistan | 43.7 | 69.9 | 318 | 354 | 100.8% |
| Iran | 297 | 224 | 48.2 | 177 | -15.8% |
| United Arab Emirates | 182 | 159 | 146 | N/A | -10.4% |
| Others | 546 | 559 | 541 | 60.1 | -52.1% |
| Total | 3,946 | 3,428 | 3,417 | 4,212 | 2.2% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Tanzania in 2022:
- China (3.3K tons)
- Kenya (2.8K tons)
- India (1.5K tons)
- Pakistan (1.2K tons)
- Iran (0.8K tons)
Exports of Silicates; Commercial Alkali Metal Silicates in Tanzania
In 2022, approx. 4.5K tons of silicates; commercial alkali metal silicateses were exported from Tanzania; rising by 233% on the previous year. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 325% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, silicates; commercial alkali metal silicates exports soared to $1.9M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Silicates; Commercial Alkali Metal Silicates in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 111 | 34.2 | 63.4 | 689 | 83.8% |
| Burundi | 129 | 31.5 | 92.9 | 533 | 60.5% |
| Zambia | 72.9 | 22.6 | 148 | 381 | 73.5% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 204 | 0% |
| Canada | N/A | N/A | N/A | 58.5 | 0% |
| Malawi | 19.9 | 12.5 | 20.1 | 25.1 | 8.0% |
| Zimbabwe | N/A | N/A | 28.4 | N/A | 0% |
| Others | 114 | 25.9 | 73.4 | N/A | -19.8% |
| Total | 446 | 127 | 427 | 1,890 | 61.8% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Tanzania in 2022:
- Rwanda (1582.1 tons)
- Burundi (1521.9 tons)
- Zambia (990.0 tons)
- Democratic Republic of the Congo (210.0 tons)
- Canada (150.0 tons)
- Malawi (58.0 tons)
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