Phosphorus Price in Tanzania - 2023
Contents:
Phosphorus Price in Tanzania (CIF) - 2022
In 2022, the average phosphorus import price amounted to $16,333 per ton, falling by -20% against the previous year. Over the period under review, the import price, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 87%. Over the period under review, average import prices attained the peak figure at $24,154 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Kenya ($17,545 per ton), while the price for China amounted to $3,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+7.0%).
Phosphorus Imports in Tanzania
For the third consecutive year, Tanzania recorded decline in purchases abroad of phosphori, which decreased by 0% to 12 kg in 2022. In general, imports recorded a dramatic decline. The smallest decline of -57.1% was in 2021.
In value terms, phosphorus imports reduced markedly to $196 in 2022. Over the period under review, imports showed a dramatic downturn. The smallest decline of -19.9% was in 2021.
| Import of Phosphorus in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 422 | 298 | 240 | 193 | -23.0% |
| China | 23.0 | 8.0 | 5.0 | 3.0 | -49.3% |
| Others | 203 | N/A | N/A | N/A | 0% |
| Total | 648 | 306 | 245 | 196 | -32.9% |
Top Suppliers of Phosphorus to Tanzania in 2022:
- Kenya (11.0 kg)
- China (1.0 kg)
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