Report Update Nov 1, 2024

Tanzania - Cobalt ores - Market Analysis, Forecast, Size, Trends and Insights

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Tanzania: Cobalt Ore Market 2024

Cobalt Ore Market Size in Tanzania

The Tanzanian cobalt ore market stood at less than $X in 2022, remaining stable against the previous year. Overall, consumption recorded a dramatic slump. The pace of growth was the most pronounced in 2017 with a decrease of X% against the previous year. Cobalt ore consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cobalt Ore Production in Tanzania

In value terms, cobalt ore production totaled less than $X in 2022 estimated in export price. In general, production, however, showed a significant increase. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Cobalt Ore Exports

Exports from Tanzania

For the third consecutive year, Tanzania recorded growth in shipments abroad of cobalt ores, which increased by X% to X kg in 2017. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cobalt ore exports skyrocketed to $X in 2017. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X kg) was the main destination for cobalt ore exports from Tanzania, accounting for a X% share of total exports. Moreover, cobalt ore exports to China exceeded the volume sent to the second major destination, India (X kg), ninefold.

From 2013 to 2017, the average annual rate of growth in terms of volume to China stood at X%.

In value terms, China ($X) remains the key foreign market for cobalt ores exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

From 2013 to 2017, the average annual growth rate of value to China amounted to X%.

Export Prices by Country

The average cobalt ore export price stood at $X per ton in 2017, growing by X% against the previous year. In general, the export price, however, faced a abrupt decrease. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2017, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2017, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to India stood at $X per ton.

From 2013 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).

Cobalt Ore Imports

Imports into Tanzania

In 2019, approx. X kg of cobalt ores were imported into Tanzania; almost unchanged from the previous year. Over the period under review, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2019, the growth of imports remained at a lower figure.

In value terms, cobalt ore imports stood at $X in 2019. Overall, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2019, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2019, Zambia (X kg) was the main cobalt ore supplier to Tanzania, accounting for a X% share of total imports. It was followed by India (X kg), with a X% share of total imports.

From 2013 to 2019, the average annual rate of growth in terms of volume from Zambia totaled X%.

In value terms, Zambia ($X) constituted the largest supplier of cobalt ores to Tanzania, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2013 to 2019, the average annual rate of growth in terms of value from Zambia amounted to X%.

Import Prices by Country

The average cobalt ore import price stood at $X per ton in 2019, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. The import price peaked in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Zambia ($X per ton), while the price for India totaled $X per ton.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Zambia (X%).

Source: IndexBox Platform

This report provides an in-depth analysis of the cobalt ore 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:

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