Price for Steel, Alloy; Ingots and Other Primary Forms in Tanzania - 2022
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Tanzania (CIF) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Tanzania
Price for Steel, Alloy; Ingots and Other Primary Forms in Tanzania (CIF) - 2022
In 2022, the average import price for steel, alloy; ingots and other primary formses amounted to $7,652 per ton, jumping by 85% against the previous year. Overall, the import price, however, faced a abrupt slump. The growth pace was the most rapid in 2019 an increase of 138%. Over the period under review, average import prices attained the peak figure at $35,965 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.8% per year.
Imports of Steel, Alloy; Ingots and Other Primary Forms in Tanzania
In 2022, after three years of growth, there was significant decline in overseas purchases of steel, alloy; ingots and other primary formses, when their volume decreased by -46.1% to 253 kg. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 102%. As a result, imports attained the peak of 469 kg, and then shrank markedly in the following year.
In value terms, imports of steel, alloy; ingots and other primary formses amounted to $1.9K in 2022. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 165%. As a result, imports attained the peak of $3.6K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 0.1 | 1.9 | 1.9 | 166.8% |
| Sweden | 1.3 | N/A | N/A | N/A | 0% |
| United States | N/A | 3.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.4 | 3.6 | 1.9 | 1.9 | 10.7% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Tanzania in 2022:
- China (253.0 kg)
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