Frozen Tilapias Price in Tanzania - 2022
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Frozen Tilapias Price in Tanzania (FOB) - 2022
In 2022, the average frozen tilapias export price amounted to $195 per ton, which is down by -48% against the previous year. In general, the export price continues to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2013 when the average export price decreased by -1.1% against the previous year. The export price peaked at $2,818 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to -23.4% per year.
Frozen Tilapias Exports in Tanzania
After three years of growth, shipments abroad of frozen tilapias decreased by -41.8% to 32 tons in 2022. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 141%.
In value terms, frozen tilapias exports contracted significantly to $6.2K in 2022. Over the period under review, exports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 54%. As a result, the exports reached the peak of $35K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Frozen Tilapias in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 19.4 | 35.0 | 20.6 | 6.2 | -31.6% |
Others | 3.3 | N/A | N/A | N/A | 0% |
Total | 22.7 | 35.0 | 20.6 | 6.2 | -35.1% |
Top Export Markets for Frozen Tilapias from Tanzania in 2022:
- Rwanda (32.0 tons)
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