Tanzania: Metal Gas Appliances Market 2024

Metal Gas Appliances Market Size in Tanzania

In 2022, the Tanzanian metal gas appliances market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a pronounced contraction. Metal gas appliances consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Gas Appliances Exports

Exports from Tanzania

Metal gas appliances exports from Tanzania skyrocketed to X units in 2022, picking up by 125% on the previous year's figure. Overall, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2015 with an increase of 400%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, metal gas appliances exports surged to $X in 2022. Over the period under review, exports showed strong growth. The pace of growth was the most pronounced in 2018 when exports increased by 504% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kenya (X units), South Africa (X units) and the United States (X units) were the main destinations of metal gas appliances exports from Tanzania, with a combined 44% share of total exports. Moreover, metal gas appliances exports in Kenya exceeded the figures recorded by the second-largest exporter, South Africa, twofold.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X) emerged as the key foreign market for iron or steel gas domestic appliances exports from Tanzania, comprising 50% of total exports. The second position in the ranking was taken by Mozambique ($X), with a 9.6% share of total exports. It was followed by the United States, with an 8.6% share.

From 2012 to 2022, the average annual growth rate of value to Kenya totaled +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+93.1% per year) and the United States (0.0% per year).

Export Prices by Country

In 2022, the average metal gas appliances export price amounted to $X per unit, surging by 27% against the previous year. Over the period under review, the export price saw a measured increase. The most prominent rate of growth was recorded in 2014 an increase of 195%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Kenya ($X per unit), while the average price for exports to Senegal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+93.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Gas Appliances Imports

Imports into Tanzania

In 2022, supplies from abroad of iron or steel gas domestic appliances was finally on the rise to reach X units after two years of decline. Overall, imports enjoyed a temperate increase. The pace of growth was the most pronounced in 2015 when imports increased by 224% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, metal gas appliances imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by 223%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of metal gas appliances to Tanzania, accounting for a 38% share of total imports. Moreover, metal gas appliances imports from China exceeded the figures recorded by the second-largest supplier, South Africa (X units), fourfold. The United Arab Emirates (X units) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +81.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-7.2% per year) and the United Arab Emirates (+12.5% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel gas domestic appliances to Tanzania, comprising 64% of total imports. The second position in the ranking was held by South Africa ($X), with a 10% share of total imports. It was followed by Italy, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +56.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-7.1% per year) and Italy (-30.2% per year).

Import Prices by Country

In 2022, the average metal gas appliances import price amounted to $X per unit, with a decrease of -38% against the previous year. In general, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 an increase of 40% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($X per unit), while the price for Kenya ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform