Tanzania - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Tanzania - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

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Polycarboxylic Acid Price in Tanzania - 2022

Contents:

  1. Polycarboxylic Acid Price in Tanzania (CIF) - 2022
  2. Polycarboxylic Acid Price in Tanzania (FOB) - 2022
  3. Polycarboxylic Acid Imports in Tanzania
  4. Polycarboxylic Acid Exports in Tanzania

Polycarboxylic Acid Price in Tanzania (CIF) - 2022

The average polycarboxylic acid import price stood at $1,374 per ton in 2022, reducing by -17.3% against the previous year. Overall, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2021 an increase of 68% against the previous year. Over the period under review, average import prices reached the peak figure at $1,858 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Taiwan (Chinese) ($1,775 per ton), while the price for Hong Kong SAR ($569 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Polycarboxylic Acid Price in Tanzania (FOB) - 2022

The average polycarboxylic acid export price stood at $5,555 per ton in 2022, growing by 331% against the previous year. Over the period under review, the export price, however, saw a slight descent. Over the period under review, the average export prices attained the maximum at $6,239 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to +11.8% per year.

Polycarboxylic Acid Imports in Tanzania

In 2022, approx. 3.8K tons of polycarboxylic acids were imported into Tanzania; with an increase of 52% compared with 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 59%. As a result, imports reached the peak of 4.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, polycarboxylic acid imports surged to $5.3M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 33%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Polycarboxylic Acid in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea2,1523,2401,4711,980-2.7%
China2862276091,28965.2%
Vietnam33.4175306676172.5%
Hong Kong SAR34.965.2151497142.4%
Taiwan (Chinese)22829327243924.4%
India97.676.635029744.9%
Others5554451,01179.5-47.7%
Total3,3874,5214,1705,25815.8%

Top Suppliers of Polycarboxylic Acid to Tanzania in 2022:

  1. South Korea (1143.3 tons)
  2. China (893.0 tons)
  3. Hong Kong SAR (873.8 tons)
  4. Vietnam (419.9 tons)
  5. Taiwan (Chinese) (247.5 tons)
  6. India (197.5 tons)

Polycarboxylic Acid Exports in Tanzania

In 2022, shipments abroad of polycarboxylic acids decreased by -95.3% to 400 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a precipitous curtailment. The growth pace was the most rapid in 2020 when exports increased by 102% against the previous year. As a result, the exports reached the peak of 13 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, polycarboxylic acid exports declined significantly to $2.2K in 2022. Overall, exports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 87% against the previous year. As a result, the exports attained the peak of $21K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Polycarboxylic Acid in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burundi3.22.20.52.2-11.7%
Malawi0.30.30.1N/A-42.3%
Kenya6.316.76.8N/A3.9%
UgandaN/AN/A3.1N/A0%
Zambia1.10.90.3N/A-47.8%
OthersN/A0.60.1N/A-83.3%
Total11.020.711.12.2-41.5%

Top Export Markets for Polycarboxylic Acid from Tanzania in 2022:

  1. Burundi (400.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polycarboxylic acid 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 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
  • Prodcom 20143385 - Adipic acid, its salts and esters
  • Prodcom 20143387 - Maleic anhydride
  • Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
  • Prodcom 20143420 - Other esters of orthophthalic acid
  • Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
  • Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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