Tanzania - Clocks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTanzania: Market for Instrument Panel And Wall Clocks 2024
Market Size for Instrument Panel And Wall Clocks in Tanzania
The Tanzanian market for instrument panel and wall clocks fell to $X in 2020, with a decrease of X% against the previous year. Over the period under review, consumption faced a abrupt setback. Instrument panel and wall clock consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.
Production of Instrument Panel And Wall Clocks in Tanzania
In value terms, instrument panel and wall clock production contracted significantly to $X in 2020 estimated in export price. Over the period under review, production, however, saw a measured expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Instrument panel and wall clock production peaked at $X in 2019, and then contracted markedly in the following year.
Exports of Instrument Panel And Wall Clocks
Exports from Tanzania
In 2020, instrument panel and wall clock exports from Tanzania skyrocketed to X units, with an increase of X% on the previous year's figure. Overall, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, instrument panel and wall clock exports soared to $X in 2020. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports remained at a lower figure.
Exports by Country
Democratic Republic of the Congo (X units) was the main destination for instrument panel and wall clock exports from Tanzania, with a X% share of total exports. Moreover, instrument panel and wall clock exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Burundi (X units), more than tenfold. North Macedonia (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2020, the average annual growth rate of volume to Democratic Republic of the Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (X% per year) and North Macedonia (X% per year).
In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for instrument panel and wall clocks exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by Zambia ($X), with a X% share of total exports. It was followed by Burundi, with a X% share.
From 2012 to 2020, the average annual growth rate of value to Democratic Republic of the Congo totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Burundi (X% per year).
Export Prices by Country
The average export price for instrument panel and wall clocks stood at $X per unit in 2020, declining by X% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2020, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Zambia ($X per unit), while the average price for exports to North Macedonia ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (X%), while the prices for the other major destinations experienced a decline.
Imports of Instrument Panel And Wall Clocks
Imports into Tanzania
In 2020, approx. X units of instrument panel and wall clocks were imported into Tanzania; with a decrease of X% against 2019. In general, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X units in 2013; however, from 2014 to 2020, imports failed to regain momentum.
In value terms, instrument panel and wall clock imports shrank to $X in 2020. Over the period under review, imports saw a pronounced decline. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.
Imports by Country
In 2020, South Africa (X units) constituted the largest supplier of instrument panel and wall clock to Tanzania, accounting for a X% share of total imports. Moreover, instrument panel and wall clock imports from South Africa exceeded the figures recorded by the second-largest supplier, China (X units), twofold. South Korea (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2020, the average annual rate of growth in terms of volume from South Africa stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Korea (X% per year).
In value terms, China ($X) constituted the largest supplier of instrument panel and wall clocks to Tanzania, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.
From 2012 to 2020, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and South Africa (X% per year).
Import Prices by Country
In 2020, the average import price for instrument panel and wall clocks amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price recorded a significant increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for instrument panel and wall clock 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 26521300 - Instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vessels (including vehicle chronographs)
- Prodcom 26521400 - Clocks with watch movements, alarm clocks and wall clocks, o ther clocks
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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