Tanzania: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Tanzania

In 2022, the Tanzanian market for non-domestic percolators and equipment for cooking or heating food decreased by -30.7% to $X, falling for the third consecutive year after three years of growth. Overall, consumption, however, continues to indicate significant growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Tanzania

In 2022, the amount of non-domestic percolators and equipment for cooking or heating food exported from Tanzania fell notably to X units, declining by -68.4% on the previous year's figure. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. As a result, the exports attained the peak of X units, and then contracted notably in the following year.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food contracted notably to $X in 2022. In general, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 284%. As a result, the exports attained the peak of $X, and then declined notably in the following year.

Exports by Country

Kenya (X units), Uganda (X units) and Democratic Republic of the Congo (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Tanzania, with a combined 67% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food in Kenya exceeded the figures recorded by the second-largest exporter, Uganda, twofold.

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of +7.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X), Democratic Republic of the Congo ($X) and the United States ($X) appeared to be the largest markets for non-domestic percolators and equipment for cooking or heating food exported from Tanzania worldwide, with a combined 94% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +132.5%, recorded 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 export price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, rising by 103% against the previous year. Over the period under review, the export price saw a buoyant increase. The pace of growth appeared the most rapid in 2021 an increase of 123%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Uganda ($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 the United States (+132.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Tanzania

In 2022, overseas purchases of non-domestic percolators and equipment for cooking or heating food decreased by -14.9% to X units, falling for the third consecutive year after three years of growth. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 600%. Over the period under review, imports of attained the maximum at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food fell remarkably to $X in 2022. Overall, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by 336%. Over the period under review, imports of attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Tanzania, with a 46% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from China exceeded the figures recorded by the second-largest supplier, the UK (X units), fourfold. The third position in this ranking was taken by Canada (X units), with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +73.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+82.1% per year) and Canada (+75.0% per year).

In value terms, the largest non-domestic percolators and equipment for cooking or heating food suppliers to Tanzania were China ($X), the UK ($X) and South Africa ($X), with a combined 62% share of total imports. Turkey, Italy, Hong Kong SAR and Canada lagged somewhat behind, together accounting for a further 11%.

Canada, with a CAGR of +116.7%, saw the highest growth rate of the value of imports, among 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 non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, reducing by -42.8% against the previous year. Overall, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 when the average import price increased by 47%. Over the period under review, average import prices attained the peak figure 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 South Africa ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform