Industrial Bakery Machinery Price in Tanzania - 2022

Contents:

1. Industrial Bakery Machinery Price in Tanzania (CIF) - 2022
2. Industrial Bakery Machinery Price in Tanzania (FOB) - 2022
3. Industrial Bakery Machinery Imports in Tanzania
4. Industrial Bakery Machinery Exports in Tanzania

Industrial Bakery Machinery Price in Tanzania (CIF) - 2022

The average industrial bakery machinery import price stood at $4,212 per unit in 2022, shrinking by -53.5% against the previous year. Over the period under review, the import price, however, saw notable growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 147% against the previous year. The import price peaked at $20,206 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($5,235 per unit), while the price for the United Arab Emirates ($137 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Industrial Bakery Machinery Price in Tanzania (FOB) - 2022

The average industrial bakery machinery export price stood at $500 per unit in 2022, which is down by -70.2% against the previous year. Overall, the export price, however, showed strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 355%. The export price peaked at $8,711 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($869 per unit), while the average price for exports to Zambia ($50 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+37.9%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Bakery Machinery Imports in Tanzania

In 2022, approx. 216 units of industrial bakery machinery were imported into Tanzania; picking up by 30% compared with the previous year. In general, imports, however, faced a dramatic decline. The pace of growth appeared the most rapid in 2020 when imports increased by 35% against the previous year. As a result, imports reached the peak of 866 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, industrial bakery machinery imports shrank markedly to $910K in 2022. Over the period under review, imports, however, saw a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Industrial Bakery Machinery to Tanzania in 2022:

1. India (109.0 units)
2. China (81.0 units)
3. United States (9.0 units)
4. Netherlands (1.0 units)
5. Italy (1.0 units)

Industrial Bakery Machinery Exports in Tanzania

Industrial bakery machinery exports from Tanzania declined rapidly to 3 units in 2022, reducing by -62.5% on 2021 figures. Over the period under review, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of 8 units, and then shrank sharply in the following year.

In value terms, industrial bakery machinery exports fell rapidly to $1.5K in 2022. In general, exports recorded a dramatic downturn. The smallest decline of -16.6% was in 2020. Over the period under review, the exports reached the maximum at $20K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Industrial Bakery Machinery from Tanzania in 2022:

1. Democratic Republic of the Congo (1.0 units)
2. Zambia (1.0 units)
3. Mozambique (1.0 units)

Source: IndexBox Market Intelligence Platform