Tanzania: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Tanzania

The Tanzanian market for plastics pipes and pipe fittings skyrocketed to $X in 2022, jumping by 44% 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 showed a strong increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Exports of Plastics Pipes And Pipe Fittings

Exports from Tanzania

After three years of decline, overseas shipments of plastics pipes and pipe fittings increased by 2.4% to X tons in 2022. In general, exports recorded perceptible growth. The most prominent rate of growth was recorded in 2017 with an increase of 296%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastics pipe and pipe fitting exports declined to $X in 2022. Over the period under review, exports, however, continue to indicate a slight descent. The most prominent rate of growth was recorded in 2018 with an increase of 243% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for plastics pipe and pipe fitting exports from Tanzania, accounting for a 63% share of total exports. Moreover, plastics pipe and pipe fitting exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Rwanda (X tons), fourfold. The third position in this ranking was held by Kenya (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo totaled +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (-1.6% per year) and Kenya (+22.9% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for plastics pipes and pipe fittings exports from Tanzania, comprising 63% of total exports. The second position in the ranking was taken by Rwanda ($X), with a 19% share of total exports. It was followed by Kenya, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo totaled -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (-3.2% per year) and Kenya (+20.3% per year).

Export Prices by Country

In 2022, the average export price for plastics pipes and pipe fittings amounted to $X per ton, with a decrease of -13.3% against the previous year. In general, the export price saw a pronounced downturn. The pace of growth appeared the most rapid in 2020 an increase of 89% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Zambia ($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 Malawi (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Plastics Pipes And Pipe Fittings

Imports into Tanzania

Plastics pipe and pipe fitting imports into Tanzania soared to X tons in 2022, picking up by 90% compared with the year before. Over the period under review, imports saw prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by 123%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plastics pipe and pipe fitting imports surged to $X in 2022. Overall, imports showed a prominent increase. The pace of growth was the most pronounced in 2013 when imports increased by 80%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X tons), India (X tons) and Kenya (X tons) were the main suppliers of plastics pipe and pipe fitting imports to Tanzania, with a combined 83% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of +67.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Kenya ($X) were the largest plastics pipe and pipe fitting suppliers to Tanzania, together comprising 69% of total imports. Oman, Turkey and the United Arab Emirates lagged somewhat behind, together comprising a further 23%.

Oman, with a CAGR of +75.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 plastics pipes and pipe fittings amounted to $X per ton, dropping by -37.8% against the previous year. Overall, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 53%. The import price peaked at $X per ton in 2021, and then fell sharply in the following year.

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 Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform