Tanzania: Colloidal Precious Metals Market 2024

Colloidal Precious Metals Market Size in Tanzania

The Tanzanian colloidal precious metals market contracted to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, saw a slight setback. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Colloidal Precious Metals Production in Tanzania

In value terms, colloidal precious metals production dropped to $X in 2022 estimated in export price. In general, production, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Colloidal Precious Metals Exports

Exports from Tanzania

After two years of growth, shipments abroad of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) decreased by X% to X kg in 2022. In general, exports saw a perceptible slump. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, colloidal precious metals exports totaled $X in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for colloidal precious metals exports from Tanzania, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) exports from Tanzania.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at X%.

Export Prices by Country

In 2022, the average colloidal precious metals export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Colloidal Precious Metals Imports

Imports into Tanzania

In 2022, approx. X kg of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) were imported into Tanzania; with an increase of X% on the previous year's figure. Over the period under review, imports, however, recorded a mild curtailment. Over the period under review, imports hit record highs at X kg in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, colloidal precious metals imports surged to $X in 2022. In general, imports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X kg) constituted the largest colloidal precious metals supplier to Tanzania, accounting for a X% share of total imports. Moreover, colloidal precious metals imports from India exceeded the figures recorded by the second-largest supplier, Australia (X kg), twofold. France (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and France (X% per year).

In value terms, Australia ($X) constituted the largest supplier of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) to Tanzania, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and France (X% per year).

Import Prices by Country

The average colloidal precious metals import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Australia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform