Tanzania: Aluminium Pipe Fittings Market 2024

Aluminium Pipe Fittings Market Size in Tanzania

After two years of growth, the Tanzanian aluminium pipe fittings market decreased by X% to $X in 2022. Overall, consumption recorded a abrupt descent. Aluminium pipe fittings consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Aluminium Pipe Fittings Exports

Exports from Tanzania

In 2022, shipments abroad of aluminium tube or pipe fittings was finally on the rise to reach X kg after two years of decline. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, aluminium pipe fittings exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Comoros (X kg) was the main destination for aluminium pipe fittings exports from Tanzania, with a X% share of total exports. Moreover, aluminium pipe fittings exports to Comoros exceeded the volume sent to the second major destination, Rwanda (X kg), more than tenfold. The third position in this ranking was taken by Democratic Republic of the Congo (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Comoros stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (X% per year) and Democratic Republic of the Congo (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for aluminium tube or pipe fittings exports from Tanzania, comprising X% of total exports. The second position in the ranking was taken by Comoros ($X), with a X% share of total exports. It was followed by Rwanda, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Comoros (X% per year) and Rwanda (X% per year).

Export Prices by Country

The average aluminium pipe fittings export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X 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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Pipe Fittings Imports

Imports into Tanzania

After two years of growth, supplies from abroad of aluminium tube or pipe fittings decreased by X% to X tons in 2022. Over the period under review, imports faced a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, aluminium pipe fittings imports dropped rapidly to $X in 2022. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Turkey (X tons) and Hong Kong SAR (X tons) were the main suppliers of aluminium pipe fittings imports to Tanzania, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium pipe fittings suppliers to Tanzania were China ($X), Turkey ($X) and the UK ($X), together accounting for X% of total imports. South Africa, Hong Kong SAR, India, Italy, the United Arab Emirates and South Korea lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Hong Kong SAR, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium pipe fittings import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price continues to indicate pronounced growth. The pace of growth was the most pronounced in 2016 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform