Tanzania: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Tanzania

For the fourth consecutive year, the Tanzanian market for glaziers putty, grafting putty, other mastics and painters' fillings recorded growth in sales value, which increased by 30% to $X in 2022. Over the period under review, consumption saw a significant expansion. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the immediate term.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Tanzania

In 2022, shipments abroad of glaziers putty, grafting putty, other mastics and painters' fillings increased by 12% to X tons, rising for the third year in a row after two years of decline. In general, exports saw a modest increase. The pace of growth was the most pronounced in 2021 when exports increased by 6,795%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings declined remarkably to $X in 2022. Overall, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 7,927% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Kenya (X tons) was the main destination for exports of glaziers putty, grafting putty, other mastics and painters' fillings from Tanzania, with a 59% share of total exports. Moreover, exports of glaziers putty, grafting putty, other mastics and painters' fillings to Kenya exceeded the volume sent to the second major destination, Rwanda (X tons), threefold. Democratic Republic of the Congo (X tons) ranked third in terms of total exports with an 18% share.

From 2012 to 2022, the average annual growth rate of volume to Kenya amounted to +62.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+75.8% per year) and Democratic Republic of the Congo (+28.2% per year).

In value terms, the largest markets for glaziers, grafting putty and painters' filling exported from Tanzania were Rwanda ($X), Kenya ($X) and Democratic Republic of the Congo ($X), together comprising 91% of total exports.

Rwanda, with a CAGR of +57.9%, saw the highest growth rate of the value of exports, in terms of 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

In 2022, the average export price for glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X per ton, declining by -44.6% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 65%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Kenya ($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 (+13.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Tanzania

For the fourth consecutive year, Tanzania recorded growth in overseas purchases of glaziers putty, grafting putty, other mastics and painters' fillings, which increased by 48% to X tons in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 111%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings totaled $X in 2022. Over the period under review, imports saw a strong increase. The growth pace was the most rapid in 2019 when imports increased by 77% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), Kenya (X tons) and Turkey (X tons) were the main suppliers of imports of glaziers putty, grafting putty, other mastics and painters' fillings to Tanzania, together accounting for 87% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +74.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X), India ($X) and the UK ($X) were the largest glaziers, grafting putty and painters' filling suppliers to Tanzania, with a combined 59% share of total imports.

India, with a CAGR of +52.1%, recorded the highest growth rate of the value of imports, in terms of 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 import price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, falling by -25.7% against the previous year. In general, the import price showed a deep reduction. The growth pace was the most rapid in 2015 an increase of 32%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood 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 the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform