Price for Zinc; Bars, Rods, Profiles and Wire in Tanzania - 2023

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Tanzania (CIF) - 2022
  2. Imports of Zinc; Bars, Rods, Profiles and Wire in Tanzania

Price for Zinc; Bars, Rods, Profiles and Wire in Tanzania (CIF) - 2022

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $824 per ton, increasing by 16% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 169% against the previous year. As a result, import price reached the peak level of $1,906 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 ($1,846 per ton), while the price for China ($356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-2.7%), while the prices for the other major suppliers experienced a decline.

Imports of Zinc; Bars, Rods, Profiles and Wire in Tanzania

In 2022, approx. 2.5 tons of zinc; bars, rods, profiles and wires were imported into Tanzania; surging by 196% compared with the previous year. Over the period under review, imports, however, saw a significant decline.

In value terms, imports of zinc; bars, rods, profiles and wires surged to $2.1K in 2022. Overall, imports, however, faced a dramatic decline.

Import of Zinc; Bars, Rods, Profiles and Wire in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A0.1N/A0.9200.0%
India1.32.6N/A0.6-22.7%
United Arab Emirates9.01.7N/A0.4-64.6%
China0.69.3N/A0.1-45.0%
Kenya3.05.4N/A0.1-67.8%
South AfricaN/A5.1N/AN/A0%
Germany13.3N/AN/AN/A0%
RomaniaN/A6.60.5N/A-92.4%
Others0.24.6N/AN/A2200.0%
Total27.535.30.62.1-57.6%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Tanzania in 2022:

  1. India (1176.0 kg)
  2. Spain (775.0 kg)
  3. United Arab Emirates (303.0 kg)
  4. China (236.0 kg)
  5. Kenya (39.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Zinc; bars, rods, profiles and wire - Tanzania