Report Update Nov 1, 2024

Tanzania - Air Compressors Mounted on A Wheeled Chassis for Towing - Market Analysis, Forecast, Size, Trends and Insights

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Tanzania: Tow-Behind Air Compressor Market 2024

Tow-Behind Air Compressor Market Size in Tanzania

In 2022, the Tanzanian tow-behind air compressor market increased by 215% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Tow-Behind Air Compressor Exports

Exports from Tanzania

In 2022, exports of air compressors mounted on a wheeled chassis for towing from Tanzania declined remarkably to X units, reducing by -45.4% against the previous year's figure. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 with an increase of 1,280%. As a result, the exports reached the peak of X units, and then dropped significantly in the following year.

In value terms, tow-behind air compressor exports declined rapidly to $X in 2022. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 944% against the previous year. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

Ireland (X units) was the main destination for tow-behind air compressor exports from Tanzania, with a 65% share of total exports. Moreover, tow-behind air compressor exports to Ireland exceeded the volume sent to the second major destination, Comoros (X units), fivefold. Rwanda (X units) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Comoros (+38.0% per year) and Rwanda (+23.1% per year).

In value terms, Ireland ($X) emerged as the key foreign market for air compressors mounted on a wheeled chassis for towing exports from Tanzania, comprising 86% of total exports. The second position in the ranking was held by Burundi ($X), with a 5.5% share of total exports. It was followed by Congo, with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+26.2% per year) and Congo (0.0% per year).

Export Prices by Country

In 2022, the average tow-behind air compressor export price amounted to $X per unit, with an increase of 5% against the previous year. Overall, the export price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 111% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average 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 Ireland ($X per unit), while the average price for exports to Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Comoros (+39.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tow-Behind Air Compressor Imports

Imports into Tanzania

In 2022, supplies from abroad of air compressors mounted on a wheeled chassis for towing increased by 184% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tow-behind air compressor imports soared to $X in 2022. Overall, imports posted notable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X units), China (X units) and India (X units) were the main suppliers of tow-behind air compressor imports to Tanzania, together comprising 84% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +56.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and India ($X) constituted the largest tow-behind air compressor suppliers to Tanzania, with a combined 82% share of total imports.

In terms of the main suppliers, the United States, with a CAGR of +33.1%, saw the highest rates of growth with regard to 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 tow-behind air compressor import price amounted to $X per unit, falling by -2.9% against the previous year. Overall, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-8.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the tow-behind air compressor market in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28132400 - Air compressors mounted on a wheeled chassis for towing

Country coverage:

Tanzania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Tanzania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023