Report Update Nov 1, 2024

Tanzania - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Tanzania: Sodium Nitrate Market 2024

Sodium Nitrate Market Size in Tanzania

In 2022, the Tanzanian sodium nitrate market decreased by -0.1% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption recorded a significant expansion. Sodium nitrate consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Sodium Nitrate Production in Tanzania

In value terms, sodium nitrate production reached $X in 2022 estimated in export price. In general, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.4% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 60%. Sodium nitrate production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Sodium Nitrate Exports

Exports from Tanzania

In 2015, approx. X tons of sodium nitrate were exported from Tanzania; with an increase of 61% against the previous year's figure. In general, exports, however, faced a sharp shrinkage. The exports peaked at X tons in 2012; however, from 2013 to 2015, the exports remained at a lower figure.

In value terms, sodium nitrate exports dropped slightly to $X in 2015. Overall, exports, however, faced a deep reduction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2015, the exports stood at a somewhat lower figure.

Exports by Country

Comoros (X tons) was the main destination for sodium nitrate exports from Tanzania, accounting for a approx. 100% share of total exports.

From 2012 to 2015, the average annual growth rate of volume to Comoros was relatively modest.

In value terms, Comoros ($X) emerged as the key foreign market for sodium nitrate exports from Tanzania.

From 2012 to 2015, the average annual rate of growth in terms of value to Comoros was relatively modest.

Export Prices by Country

The average sodium nitrate export price stood at $X per ton in 2015, declining by -40% against the previous year. Overall, the export price, however, posted a buoyant increase. The export price peaked at $X per ton in 2014, and then reduced dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Comoros.

From 2012 to 2015, the rate of growth in terms of prices for Congo amounted to 0.0% per year.

Sodium Nitrate Imports

Imports into Tanzania

In 2022, overseas purchases of sodium nitrate decreased by -1.1% to X tons, falling for the third consecutive year after two years of growth. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 3,956%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, sodium nitrate imports shrank to $X in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2018 when imports increased by 4,195%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main sodium nitrate supplier to Tanzania, accounting for a 99% share of total imports. It was followed by South Africa (X kg), with a 0.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +39.9%.

In value terms, China ($X) constituted the largest supplier of sodium nitrate to Tanzania, comprising 98% of total imports. The second position in the ranking was taken by South Africa ($X), with a 1.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +45.5%.

Import Prices by Country

The average sodium nitrate import price stood at $X per ton in 2022, declining by -12% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced increase. The growth pace was the most rapid in 2019 an increase of 43% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 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 South Africa ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+418.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the sodium nitrate market in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 4005 -

Country coverage:

Tanzania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Tanzania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023