Tanzania: Printing Press Market 2024

Printing Press Market Size in Tanzania

The Tanzanian printing press market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption recorded a notable expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Printing Press Exports

Exports from Tanzania

In 2022, the amount of printing presses exported from Tanzania contracted sharply to X units, reducing by -76.6% compared with 2021 figures. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by 361% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, printing press exports dropped sharply to $X in 2022. In general, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 3,679%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Burundi (X units) was the main destination for printing press exports from Tanzania, with a 30% share of total exports. Moreover, printing press exports to Burundi exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold. The third position in this ranking was taken by Kenya (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burundi stood at +12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+10.3% per year) and Kenya (+10.3% per year).

In value terms, the largest markets for printing press exported from Tanzania were Kenya ($X), Thailand ($X) and Burundi ($X), with a combined 94% share of total exports. Rwanda, Democratic Republic of the Congo, the United Arab Emirates, Angola, South Africa, Mozambique, the United States, the UK, Belgium and Comoros lagged somewhat behind, together accounting for a further 4.2%.

Angola, with a CAGR of +88.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average printing press export price stood at $X per unit in 2022, increasing by 240% against the previous year. Overall, the export price showed a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of 720% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a 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 Thailand ($X per unit), while the average price for exports to Belgium ($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 Angola (+84.2%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Tanzania

In 2022, printing press imports into Tanzania reduced modestly to X units, dropping by -3.7% on 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 257%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, printing press imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2019 with an increase of 133% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest printing press supplier to Tanzania, with a 31% share of total imports. Moreover, printing press imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was held by India (X units), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +34.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+32.8% per year) and India (-5.1% per year).

In value terms, China ($X), Germany ($X) and India ($X) appeared to be the largest printing press suppliers to Tanzania, together comprising 82% of total imports. Italy, the UK, Taiwan (Chinese), South Africa, the United Arab Emirates, Bosnia and Herzegovina, the United States, Turkey and Zambia lagged somewhat behind, together accounting for a further 11%.

Italy, with a CAGR of +53.8%, recorded the highest growth rate of 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 printing press import price amounted to $X per unit, jumping by 57% against the previous year. Over the period under review, the import price showed a buoyant increase. The pace of growth was the most pronounced in 2018 an increase of 135%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Zambia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform