Tanzania: Cement Market 2024

Cement Market Size in Tanzania

After two years of growth, the Tanzanian cement market decreased by -7.7% to $X in 2022. The market value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Cement Production in Tanzania

In value terms, cement production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 14% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Cement Exports

Exports from Tanzania

Cement exports from Tanzania surged to X tons in 2022, rising by 53% compared with the previous year. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 150% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, cement exports soared to $X in 2022. Overall, exports saw a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 176%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Rwanda (X tons) was the main destination for cement exports from Tanzania, with a 57% share of total exports. Moreover, cement exports to Rwanda exceeded the volume sent to the second major destination, Burundi (X tons), threefold. Democratic Republic of the Congo (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Rwanda totaled +21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+13.1% per year) and Democratic Republic of the Congo (+32.2% per year).

In value terms, Rwanda ($X), Burundi ($X) and Democratic Republic of the Congo ($X) constituted the largest markets for cement exported from Tanzania worldwide, with a combined 93% share of total exports. Comoros, Malawi and Zambia lagged somewhat behind, together comprising a further 5.2%.

Comoros, with a CAGR of +28.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cement export price stood at $X per ton in 2022, dropping by -3.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 39% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat 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 Burundi ($X per ton), while the average price for exports to Comoros ($X 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 Burundi (-1.8%), while the prices for the other major destinations experienced a decline.

Cement Imports

Imports into Tanzania

In 2022, supplies from abroad of cement decreased by -29.4% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 162%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, cement imports reached $X in 2022. In general, imports saw a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 125%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Oman (X tons), Kenya (X tons) and Iran (X tons) were the main suppliers of cement imports to Tanzania, with a combined 76% share of total imports. Turkey, Uganda, Egypt, the United Arab Emirates and Pakistan lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +94.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cement suppliers to Tanzania were Uganda ($X), Oman ($X) and Kenya ($X), together accounting for 59% of total imports. Turkey, Egypt, Iran, the United Arab Emirates and Pakistan lagged somewhat behind, together comprising a further 39%.

Turkey, with a CAGR of +89.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cement import price stood at $X per ton in 2022, growing by 49% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uganda ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform