Tanzania: Market for Other Synthetic Organic Colouring Matters 2024

Market Size for Other Synthetic Organic Colouring Matters in Tanzania

In 2022, the Tanzanian synthetic organic colouring matters market increased by 3.3% to $X, rising for the fifth year in a row after three years of decline. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +103.8% against 2017 indices. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Exports of Other Synthetic Organic Colouring Matters

Exports from Tanzania

After two years of growth, shipments abroad of other synthetic organic colouring matters decreased by -39.6% to X tons in 2022. In general, exports showed a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 118%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, synthetic organic colouring matters exports shrank significantly to $X in 2022. Overall, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 183%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Rwanda (X tons), Ethiopia (X tons) and Malawi (X tons) were the main destinations of synthetic organic colouring matters exports from Tanzania, together comprising 67% 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 Rwanda (with a CAGR of +106.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for synthetic organic colouring matters exported from Tanzania were Uganda ($X), Rwanda ($X) and Zambia ($X), together comprising 78% of total exports.

Among the main countries of destination, Rwanda, with a CAGR of +197.8%, 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 synthetic organic colouring matters export price amounted to $X per ton, surging by 37% against the previous year. Overall, the export price, however, showed a mild slump. The pace of growth appeared the most rapid in 2016 an increase of 71% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Ethiopia ($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 the United Arab Emirates (+56.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Synthetic Organic Colouring Matters

Imports into Tanzania

In 2022, purchases abroad of other synthetic organic colouring matters decreased by -6% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 60%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, synthetic organic colouring matters imports totaled $X in 2022. Overall, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.1% against 2017 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 39%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest synthetic organic colouring matters supplier to Tanzania, accounting for a 65% share of total imports. Moreover, synthetic organic colouring matters imports from India exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+101.6% per year) and China (+3.8% per year).

In value terms, India ($X) constituted the largest supplier of other synthetic organic colouring matters to Tanzania, comprising 72% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 8.7% share of total imports. It was followed by China, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value from India stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+13.7% per year) and China (+3.3% per year).

Import Prices by Country

The average synthetic organic colouring matters import price stood at $X per ton in 2022, rising by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2016 an increase of 37%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 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 the United Arab Emirates ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform