Tanzania: Market for Hand-Operated Drilling, Threading or Tapping Tools 2025

Market Size for Hand-Operated Drilling, Threading or Tapping Tools in Tanzania

The Tanzanian market for hand-operated drilling, threading or tapping tools soared to $X in 2022, growing by 20% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, faced a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Hand-Operated Drilling, Threading or Tapping Tools

Exports from Tanzania

In 2022, shipments abroad of hand-operated drilling, threading or tapping tools increased by 79% to X kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 1,807%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of hand-operated drilling, threading or tapping tools dropped dramatically to $X in 2022. In general, exports, however, faced a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 671% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Zimbabwe (X kg), Democratic Republic of the Congo (X kg) and the United Arab Emirates (X kg) were the main destinations of exports of hand-operated drilling, threading or tapping tools from Tanzania, with a combined 96% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Zimbabwe (with a CAGR of +94.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for hand-operated drilling, threading or tapping tools exports from Tanzania, comprising 77% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 15% share of total exports. It was followed by Zimbabwe, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo totaled +59.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Zimbabwe (+36.7% per year).

Export Prices by Country

The average export price for hand-operated drilling, threading or tapping tools stood at $X per ton in 2022, shrinking by -70% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 344%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Zimbabwe ($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 Zambia (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hand-Operated Drilling, Threading or Tapping Tools

Imports into Tanzania

Imports of hand-operated drilling, threading or tapping tools into Tanzania surged to X tons in 2022, jumping by 27% against 2021. In general, imports, however, faced a deep setback. The pace of growth appeared the most rapid in 2019 when imports increased by 53%. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of hand-operated drilling, threading or tapping tools rose rapidly to $X in 2022. Overall, imports, however, saw a precipitous decline. The pace of growth was the most pronounced in 2017 with an increase of 132%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest hand-operated drilling, threading or tapping tool supplier to Tanzania, with a 49% share of total imports. Moreover, imports of hand-operated drilling, threading or tapping tools from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was held by Hong Kong SAR (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+7.0% per year) and Hong Kong SAR (+18.5% per year).

In value terms, China ($X), Hong Kong SAR ($X) and South Africa ($X) appeared to be the largest hand-operated drilling, threading or tapping tool suppliers to Tanzania, together accounting for 68% of total imports. India, the UK, Turkey, Australia, the United Arab Emirates and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 23%.

In terms of the main suppliers, Turkey, with a CAGR of +27.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for hand-operated drilling, threading or tapping tools amounted to $X per ton, reducing by -14.6% against the previous year. Over the period under review, the import price saw a abrupt slump. The growth pace was the most rapid in 2017 when the average import price increased by 81% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform