Tanzania: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Tanzania

After three years of growth, the Tanzanian prepared additives for cements market decreased by -10.6% to $X in 2022. In general, consumption, however, saw buoyant growth. Prepared additives for cements consumption peaked at $X in 2021, and then fell in the following year.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Tanzania

In 2022, prepared additives for cements exports from Tanzania soared to X tons, jumping by 210% compared with the previous year. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 500% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, prepared additives for cements exports skyrocketed to $X in 2022. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by 414% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Zambia (X tons), Burundi (X tons) and Malawi (X tons) were the main destinations of prepared additives for cements exports from Tanzania, together comprising 90% of total exports.

From 2012 to 2022, the biggest increases were recorded for Malawi (with a CAGR of +815.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared additives for cements exported from Tanzania were Burundi ($X), Malawi ($X) and Zambia ($X), together accounting for 94% of total exports.

In terms of the main countries of destination, Malawi, with a CAGR of +656.4%, 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 prepared additives for cements export price amounted to $X per ton, surging by 33% against the previous year. Over the period under review, the export price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 48% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 (+15.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Tanzania

After three years of growth, overseas purchases of prepared additives for cements, mortars or concretes decreased by -30.4% to X tons in 2022. In general, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of 80%. Imports peaked at X tons in 2021, and then fell sharply in the following year.

In value terms, prepared additives for cements imports stood at $X in 2022. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of prepared additives for cements to Tanzania, accounting for a 45% share of total imports. Moreover, prepared additives for cements imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +39.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+4.1% per year) and Turkey (+42.8% per year).

In value terms, China ($X) constituted the largest supplier of prepared additives for cements, mortars or concretes to Tanzania, comprising 50% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 13% share of total imports. It was followed by Turkey, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +36.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+4.4% per year) and Turkey (+52.2% per year).

Import Prices by Country

In 2022, the average prepared additives for cements import price amounted to $X per ton, rising by 60% against the previous year. In general, the import price, however, showed a perceptible descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Spain ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform