Tanzania - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExtracts of Tea Price in Tanzania - 2022
Contents:
- Extracts of Tea Price in Tanzania (CIF) - 2022
- Extracts of Tea Price in Tanzania (FOB) - 2022
- Extracts of Tea Imports in Tanzania
- Extracts of Tea Exports in Tanzania
Extracts of Tea Price in Tanzania (CIF) - 2022
The average extracts of tea import price stood at $2,245 per ton in 2022, increasing by 5.5% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average import price increased by 35% against the previous year. The import price peaked at $5,815 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($5,815 per ton), while the price for the United Arab Emirates ($315 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+82.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Extracts of Tea Price in Tanzania (FOB) - 2022
The average extracts of tea export price stood at $10,000 per ton in 2022, almost unchanged from the previous year. In general, the export price, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $15,457 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +8.9% per year.
Extracts of Tea Imports in Tanzania
In 2022, extracts of tea imports into Tanzania surged to 80 tons, increasing by 69% against the previous year's figure. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 153%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, extracts of tea imports skyrocketed to $179K in 2022. Overall, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Extracts of Tea in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 26.0 | 8.9 | 18.3 | 92.6 | 52.7% |
| India | 31.6 | 6.8 | 26.7 | 48.5 | 15.4% |
| Czech Republic | 1.2 | 0.7 | 4.2 | 10.5 | 106.1% |
| Philippines | N/A | N/A | 4.4 | 6.4 | 45.5% |
| United States | 4.1 | 4.0 | 5.3 | 6.1 | 14.2% |
| United Arab Emirates | 2.7 | 0.4 | 3.1 | 6.0 | 30.5% |
| United Kingdom | 0.7 | 0.2 | 0.4 | 2.9 | 60.6% |
| Brazil | 0.1 | N/A | N/A | 2.1 | 175.9% |
| Malaysia | 12.5 | 11.8 | 0.3 | 0.2 | -74.8% |
| Germany | 25.0 | 14.1 | 28.7 | N/A | 7.1% |
| Others | 20.1 | 10.0 | 9.3 | 4.2 | -40.7% |
| Total | 124 | 56.9 | 101 | 179 | 13.0% |
Top Suppliers of Extracts of Tea to Tanzania in 2022:
- United Arab Emirates (18.9 tons)
- India (17.0 tons)
- Kenya (15.9 tons)
- Czech Republic (8.3 tons)
- Philippines (7.1 tons)
- United States (3.6 tons)
- United Kingdom (2.0 tons)
- Brazil (1.7 tons)
- Malaysia (0.1 tons)
Extracts of Tea Exports in Tanzania
For the third consecutive year, Tanzania recorded decline in shipments abroad of extracts, essences and concentrates of tea or mate, which decreased by -94.9% to 26 kg in 2022. In general, exports saw a sharp curtailment. The smallest decline of -9.9% was in 2021.
In value terms, extracts of tea exports dropped rapidly to $260 in 2022. Overall, exports showed a precipitous slump. The smallest decline of -28.1% was in 2020.
| Export of Extracts of Tea in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 1.1 | 1.0 | 0.3 | 0.3 | -35.2% |
| Kenya | 7.7 | 7.2 | 2.5 | N/A | -43.0% |
| Mauritius | 0.4 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 1.0 | N/A | 0% |
| Taiwan (Chinese) | 2.6 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.2 | 1.4 | N/A | 600.0% |
| Total | 11.8 | 8.5 | 5.2 | 0.3 | -70.6% |
Top Export Markets for Extracts of Tea from Tanzania in 2022:
- Uganda (26.0 kg)
This report provides an in-depth analysis of the extracts of tea 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 10831400 - Extracts, essences and concentrates of tea or mate, and preparations with a basis of these extracts, essences or concentrates, or with a basis of tea or mate
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.
-
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
-
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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