Tanzania: Metal Screw Hook Market 2025

Metal Screw Hook Market Size in Tanzania

In 2022, the Tanzanian metal screw hook market increased by 62% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption enjoyed noticeable growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Metal Screw Hook Exports

Exports from Tanzania

In 2022, the amount of iron or steel screw hooks and screw rings exported from Tanzania surged to X kg, increasing by 49% compared with 2021. In general, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 630%. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, metal screw hook exports surged to $X in 2022. Overall, exports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of 658%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Malawi (X kg), Burundi (X kg) and Rwanda (X kg) were the main destinations of metal screw hook exports from Tanzania, together accounting for 98% 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 Burundi (with a CAGR of +50.6%), while the other leaders experienced mixed trend patterns.

In value terms, Rwanda ($X) emerged as the key foreign market for iron or steel screw hooks and screw rings exports from Tanzania, comprising 54% of total exports. The second position in the ranking was taken by Burundi ($X), with a 26% share of total exports. It was followed by Malawi, with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Rwanda stood at -17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+38.8% per year) and Malawi (+25.7% per year).

Export Prices by Country

The average metal screw hook export price stood at $X per ton in 2022, rising by 32% against the previous year. Over the period under review, the export price, however, recorded a perceptible decrease. The growth pace was the most rapid in 2013 an increase of 166% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 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 Rwanda ($X per ton), while the average price for exports to Malawi ($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 (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Screw Hook Imports

Imports into Tanzania

In 2022, purchases abroad of iron or steel screw hooks and screw rings was finally on the rise to reach X tons after two years of decline. Over the period under review, imports enjoyed temperate growth. The growth pace was the most rapid in 2018 with an increase of 88% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, metal screw hook imports soared to $X in 2022. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 154%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main metal screw hook supplier to Tanzania, with a 94% share of total imports. It was followed by the UK (X tons), with a 3% share of total imports. India (X tons) ranked third in terms of total imports with a 0.9% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+25.1% per year) and India (-11.3% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel screw hooks and screw rings to Tanzania, comprising 89% of total imports. The second position in the ranking was taken by India ($X), with a 1.1% share of total imports. It was followed by the UK, with a 0.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-9.6% per year) and the UK (-10.2% per year).

Import Prices by Country

In 2022, the average metal screw hook import price amounted to $X per ton, with an increase of 17% against the previous year. In general, the import price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 46% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 India ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform