Price for Winding Wire, Other than of Copper in Tanzania - 2023
Contents:
- Price for Winding Wire, Other than of Copper in Tanzania (CIF) - 2022
- Price for Winding Wire, Other than of Copper in Tanzania (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Tanzania
- Exports of Winding Wire, Other than of Copper in Tanzania
Price for Winding Wire, Other than of Copper in Tanzania (CIF) - 2022
In 2022, the average import price for winding wire, other than of coppers amounted to $3,642 per ton, with an increase of 35% against the previous year. In general, the import price, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2015 when the average import price increased by 345% against the previous year. As a result, import price reached the peak level of $26,677 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($18,353 per ton), while the price for Slovakia ($565 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+673.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire, Other than of Copper in Tanzania (FOB) - 2022
In 2022, the average export price for winding wire, other than of coppers amounted to $4,425 per ton, rising by 25% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 687% against the previous year. The export price peaked at $14,886 per ton in 2013; however, from 2014 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 Madagascar ($5,325 per ton), while the average price for exports to Kenya ($322 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 Madagascar (+273.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in Tanzania
In 2022, supplies from abroad of winding wire, other than of coppers decreased by -36.1% to 549 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 23%. As a result, imports attained the peak of 1.3K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of winding wire, other than of coppers declined to $2M in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 15%. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Winding Wire, Other than of Copper in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.3 | 2.5 | 36.7 | 737 | 506.7% |
| Spain | N/A | 0.5 | 215 | 634 | 3460.9% |
| China | 1,473 | 1,208 | 714 | 271 | -43.1% |
| Croatia | N/A | N/A | 0.1 | 93.4 | 93300.0% |
| India | 160 | 105 | 337 | 54.0 | -30.4% |
| Turkey | 4.2 | 156 | 633 | 42.4 | 116.1% |
| United Arab Emirates | 24.9 | 102 | 12.3 | 19.7 | -7.5% |
| Slovakia | N/A | N/A | N/A | 12.0 | 0% |
| Others | 321 | 707 | 262 | 124 | -27.2% |
| Total | 1,987 | 2,281 | 2,210 | 1,988 | 0.0% |
Top Suppliers of Winding Wire, Other than of Copper to Tanzania in 2022:
- China (249.4 tons)
- Spain (112.5 tons)
- Italy (85.5 tons)
- United Arab Emirates (22.4 tons)
- Slovakia (21.3 tons)
- Croatia (16.0 tons)
- India (10.2 tons)
- Turkey (4.7 tons)
Exports of Winding Wire, Other than of Copper in Tanzania
In 2022, approx. 308 tons of winding wire, other than of coppers were exported from Tanzania; picking up by 287% on the previous year. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of winding wire, other than of coppers surged to $1.4M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Winding Wire, Other than of Copper in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | N/A | 0.4 | N/A | 843 | 4490.8% |
| Madagascar | N/A | N/A | N/A | 445 | 0% |
| Zambia | 16.3 | 43.1 | 281 | 64.2 | 57.9% |
| Kenya | N/A | N/A | N/A | 4.5 | 0% |
| Malawi | N/A | 33.1 | N/A | N/A | 0% |
| Congo | 85.0 | N/A | N/A | N/A | 0% |
| Democratic Republic of the Congo | 170 | 0.3 | 1.2 | N/A | -91.6% |
| Others | 0.9 | 30.4 | 0.1 | 6.7 | 95.3% |
| Total | 272 | 107 | 282 | 1,364 | 71.2% |
Top Export Markets for Winding Wire, Other than of Copper from Tanzania in 2022:
- Uganda (191.3 tons)
- Madagascar (83.6 tons)
- Zambia (18.8 tons)
- Kenya (14.0 tons)
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