Tanzania - Tin - Market Analysis, Forecast, Size, Trends and Insights
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Tin Market Size in Tanzania
For the fourth year in a row, the Tanzanian tin market recorded growth in sales value, which increased by 81% to $X in 2022. Overall, consumption continues to indicate a remarkable increase. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.
Tin Production in Tanzania
In value terms, tin production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable reduction. The growth pace was the most rapid in 2013 when the production volume increased by 68% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.
Tin Exports
Exports from Tanzania
In 2022, after three years of decline, there was significant growth in shipments abroad of tin, when their volume increased by 12% to X kg. Over the period under review, exports, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 173% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.
In value terms, tin exports rose notably to $X in 2022. Overall, exports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2015 when exports increased by 119%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
India (X kg) and the Netherlands (X kg) were the main destinations of tin exports from Tanzania.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +65.0%).
In value terms, the largest markets for tin exported from Tanzania were the Netherlands ($X) and India ($X).
In terms of the main countries of destination, the Netherlands, with a CAGR of +28.7%, recorded the highest growth rate of the value of exports, over the period under review.
Export Prices by Country
The average tin export price stood at $X per ton in 2022, falling by -2.8% against the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2013 an increase of 100% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to India totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+16.3%), while the prices for the other major destinations experienced mixed trend patterns.
Tin Imports
Imports into Tanzania
For the fourth consecutive year, Tanzania recorded growth in supplies from abroad of tin, which increased by 123% to X tons in 2022. In general, imports recorded a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 370% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, tin imports rose slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 284% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, China (X tons) was the main tin supplier to Tanzania, accounting for a approx. 100% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from China totaled +33.4%.
In value terms, China ($X) constituted the largest supplier of tin to Tanzania.
From 2012 to 2022, the average annual growth rate of value from China amounted to +18.5%.
Import Prices by Country
The average tin import price stood at $X per ton in 2022, with a decrease of -54% against the previous year. Over the period under review, the import price saw a deep slump. The growth pace was the most rapid in 2017 an increase of 32%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +7.2% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the tin 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:
- Prodcom 24431330 - Unwrought non-alloy tin (excluding tin powders and flakes)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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