Ester Gums Price in Tanzania - 2022
Contents:
Ester Gums Price in Tanzania (CIF) - 2022
The average ester gums import price stood at $1,916 per ton in 2022, increasing by 5.3% against the previous year. Over the period under review, the import price, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 23%. Over the period under review, average import prices hit record highs at $3,138 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +9.7% per year.
Ester Gums Imports in Tanzania
For the third year in a row, Tanzania recorded decline in supplies from abroad of ester gumses, which decreased by -78.4% to 2.1 tons in 2022. Overall, imports showed a dramatic downturn. The smallest decline of -53.5% was in 2020.
In value terms, ester gums imports reduced rapidly to $3.9K in 2022. In general, imports continue to indicate a sharp setback. The smallest decline of -52.3% was in 2020.
| Import of Ester Gums in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 75.9 | 36.2 | 17.3 | 3.9 | -62.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 75.9 | 36.2 | 17.3 | 3.9 | -62.8% |
Top Suppliers of Ester Gums to Tanzania in 2022:
- India (2.1 tons)
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