Tanzania: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Tanzania

The Tanzanian market for rigid tubes, pipes and hoses of polymers of vinyl chloride surged to $X in 2022, increasing by 607% 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). Over the period under review, consumption enjoyed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Tanzania

In 2022, shipments abroad of rigid tubes, pipes and hoses of polymers of vinyl chloride increased by 47% to X tons, rising for the fifth consecutive year after three years of decline. In general, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 86%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, vinyl chloride polymer rigid pipes exports surged to $X in 2022. Overall, exports posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 143% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for vinyl chloride polymer rigid pipes exports from Tanzania, with a 82% share of total exports. Moreover, vinyl chloride polymer rigid pipes exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Zambia (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo amounted to +25.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (-4.6% per year) and Mozambique (+62.1% per year).

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for rigid tubes, pipes and hoses of polymers of vinyl chloride exports from Tanzania, comprising 72% of total exports. The second position in the ranking was taken by Zambia ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo totaled +46.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+4.5% per year) and Mozambique (+67.5% per year).

Export Prices by Country

The average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, falling by -18.8% against the previous year. In general, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 99%. The export price peaked at $X per ton in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 Burundi (+128.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Tanzania

In 2022, imports of rigid tubes, pipes and hoses of polymers of vinyl chloride into Tanzania skyrocketed to X tons, with an increase of 698% against the previous year. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vinyl chloride polymer rigid pipes imports skyrocketed to $X in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main vinyl chloride polymer rigid pipes supplier to Tanzania, with a 92% share of total imports. Moreover, vinyl chloride polymer rigid pipes imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was held by South Africa (X tons), with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +54.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+19.2% per year) and South Africa (+39.5% per year).

In value terms, China ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of vinyl chloride to Tanzania, comprising 86% of total imports. The second position in the ranking was taken by India ($X), with a 4% share of total imports. It was followed by South Africa, with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +56.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+27.4% per year) and South Africa (+40.5% per year).

Import Prices by Country

The average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, which is down by -21.9% against the previous year. Over the period under review, the import price saw a deep downturn. The pace of growth was the most pronounced in 2020 an increase of 36%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform