Tanzania: Plaster Market 2025

Plaster Market Size in Tanzania

For the third year in a row, the Tanzanian plaster market recorded growth in sales value, which increased by 21% to $X in 2022. Over the period under review, consumption continues to indicate strong growth. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Plaster Exports

Exports from Tanzania

In 2022, the amount of plaster exported from Tanzania expanded sharply to X tons, with an increase of 9.3% against the year before. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 479% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, plaster exports surged to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 514% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

Rwanda (X tons), Democratic Republic of the Congo (X tons) and Malawi (X tons) were the main destinations of plaster exports from Tanzania, with a combined 80% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of +132.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plaster exported from Tanzania were Rwanda ($X), Democratic Republic of the Congo ($X) and Malawi ($X), together comprising 84% of total exports.

In terms of the main countries of destination, Democratic Republic of the Congo, with a CAGR of +146.9%, saw the highest rates of growth with regard to the value of exports, 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 plaster export price amounted to $X per ton, rising by 13% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaster export price increased by +81.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malawi ($X per ton), while the average price for exports to Uganda ($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 Rwanda (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Imports

Imports into Tanzania

In 2022, approx. X tons of plaster were imported into Tanzania; remaining relatively unchanged against the previous year. Over the period under review, imports saw a prominent expansion. The growth pace was the most rapid in 2014 when imports increased by 234% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, plaster imports soared to $X in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 205%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of plaster to Tanzania, with a 73% share of total imports. Moreover, plaster imports from Thailand exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fourfold. The third position in this ranking was held by Iran (X tons), with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand totaled +19.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+68.8% per year) and Iran (-21.1% per year).

In value terms, Thailand ($X) constituted the largest supplier of plaster to Tanzania, comprising 80% of total imports. The second position in the ranking was taken by Egypt ($X), with a 13% share of total imports. It was followed by the United Arab Emirates, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand stood at +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+73.0% per year) and the United Arab Emirates (+14.2% per year).

Import Prices by Country

The average plaster import price stood at $X per ton in 2022, surging by 29% against the previous year. Over the period under review, the import price enjoyed a strong increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 69% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

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 United Arab Emirates ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform