Tanzania Gemstones Market Outlook

 

Tanzania is home to very rare and beautiful multi-colored gemstones called tanzanite found in Mount Kilimanjaro. It is not less than a diamond. Just like a diamond, tanzanite stones are known for their crystal clear clarity, colour, cut, and carat. Tanzanite is only found in Tanzania.

As per our Tanzania Customs Data, Tanzania's current gemstone market is valued around 50 million US Dollars. It costs between 300-600 US Dollars. According to our Tanzania import export data 2021, Moreshine Gemstone and Alto Suwi were the leading Gemstones import export companies of Tanzania.

Deltaq Ltd, Harnam Holding Ltd, Crystal Clear Mining Center, Micco Impex Forwarding Ltd, Crown Lapidary Ltd, Tuckman Mines & Minerals and Ablo Tours  Mining were other major Tanzania gemstones export companies.

Tanzania's gemstone market is very underutilised. Currently, Tanzania is eyeing the United Arab Emirates market for its rough diamonds exports. It is expected that its gemstones exports could reach up to 22 billion US Dollars by 2023.

Tanzania Minerals Market Analysis

Being located at the coast of Indian ocean, favourable climatic conditions, Tanzania has abundance of precious stones and metals. These include gemstones, diamonds, gold, platinum, limestone, silica, coal and iron based metals. Minerals contribute over 50% of the country’s total exports.

As per our Tanzania export data, Tanzania minerals exports worth over 12 billion US Dollars in 2022. Spain was the largest importer of Tanzania minerals followed by Bulgaria, Congo, Singapore, Rwanda, China, Burundi, Germany, India and Kenya as suggested by Tanzania exports by country records.

Gold

Tanzania is also Africa's leading gold exporter. Our Tanzania trade data suggests that Tanzania’s gold exports were around 2.7 billion US Dollars in 2022. The majority of exports were to India, Uganda and Kenya.

Diamond

Tanzania's Diamond exports saw a major increase in 2022 with exports worth 63 million US Dollars as compared to 8.5 million US Dollars in 2021. The top diamond importing countries from Tanzania were Belgium, the United Arab Emirates, the United States, India, Israel, Russia, Turkey and Denmark.

Iron

Tanzania's Iron articles exports were estimated to be around 325 thousand US Dollars in 2021 with majority of the exports to Burundi, Congo and Uganda. There was around a 100% increase in Tanzania's Iron exports as it was 175 thousand US Dollars in 2020.

Coal

Coal is another important mineral found in Tanzania.  During the fuel crisis last year, Tanzania coal exports increased. As per the Tanzania shipment data reports, in the November month, coal exports were around 140 million USD. It was way more the previous year, 13 billion US Dollars in 2021. Congo, Uganda, Rwanda, Kenya, and Poland were the top importers of Tanzania's coal.

Exim Global Trade Intelligence System can help you reach verified genuine mineral exporters from Tanzania

Tanzania is a very fine mineral export market. You can import quality stones and minerals from Tanzania at a very fine price. All you need is to reach the genuine mineral buyers from Tanzania. That’s where Exim Global Trade Intelligence adds value to your business.

Exim GTIS gives you instant access to the shipment records of verified Tanzania minerals exporters and suppliers. It provides 200+ countries import export data records.  On the basis of these records, you can identify the genuine suppliers offering better pricing. Also, with verified Tanzania import data records, you can seize growth opportunities in the Tanzanian market.