Tanzania - Olive Oil And Its Fractions - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingOlive Oil Price in Tanzania - 2021
Contents:
- Olive Oil Price in Tanzania (CIF) - 2022
- Olive Oil Price in Tanzania (FOB) - 2022
- Olive Oil Imports in Tanzania
- Olive Oil Exports in Tanzania
Olive Oil Price in Tanzania (CIF) - 2022
The average olive oil import price stood at $3,759 per ton in 2022, which is down by -2.2% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 34%. Over the period under review, average import prices hit record highs at $4,018 per ton in 2019; however, from 2020 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 the UK ($5,666 per ton), while the price for South Africa ($1,932 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Olive Oil Price in Tanzania (FOB) - 2022
The average olive oil export price stood at $5,531 per ton in 2022, surging by 10% against the previous year. Overall, the export price, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 82% against the previous year. The export price peaked at $7,877 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($45,167 per ton), while the average price for exports to Rwanda ($1,218 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+55.4%), while the prices for the other major destinations experienced more modest paces of growth.
Olive Oil Imports in Tanzania
Olive oil imports into Tanzania shrank rapidly to 123 tons in 2022, falling by -37.5% against the previous year. In general, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 315% against the previous year. As a result, imports attained the peak of 197 tons, and then contracted sharply in the following year.
In value terms, olive oil imports fell dramatically to $463K in 2022. Over the period under review, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 350% against the previous year. As a result, imports attained the peak of $757K, and then fell sharply in the following year.
| Import of Olive Oil in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 168 | 42.7 | 221 | 125 | -9.4% |
| United Arab Emirates | 2.4 | 0.5 | 1.8 | 66.1 | 202.0% |
| Spain | 104 | 9.5 | 88.1 | 49.7 | -21.8% |
| Kenya | 61.1 | 12.0 | 38.9 | 22.9 | -27.9% |
| Turkey | 5.3 | 4.6 | 15.9 | 8.9 | 18.9% |
| United Kingdom | 15.3 | 2.7 | 13.5 | 7.6 | -20.8% |
| South Africa | 3.3 | 3.9 | 3.5 | 3.6 | 2.9% |
| Others | 363 | 92.5 | 375 | 180 | -20.8% |
| Total | 722 | 168 | 757 | 463 | -13.8% |
Top Suppliers of Olive Oil to Tanzania in 2022:
- Italy (34.4 tons)
- United Arab Emirates (22.9 tons)
- Spain (16.2 tons)
- Kenya (6.4 tons)
- Turkey (3.8 tons)
- South Africa (1.9 tons)
- United Kingdom (1.3 tons)
Olive Oil Exports in Tanzania
After two years of decline, shipments abroad of olive oil and its fractions increased by 6.6% to 81 kg in 2022. Overall, exports, however, showed a abrupt contraction.
In value terms, olive oil exports soared to $448 in 2022. Over the period under review, exports, however, saw a abrupt setback.
| Export of Olive Oil in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 345 | 218 | 199 | 271 | -7.7% |
| Burundi | 26.0 | 110 | 82.0 | 94.0 | 53.5% |
| Rwanda | 174 | 141 | 83.0 | 67.0 | -27.2% |
| Others | 49.0 | 43.0 | 18.0 | 16.0 | -31.1% |
| Total | 594 | 512 | 382 | 448 | -9.0% |
Top Export Markets for Olive Oil from Tanzania in 2022:
- Rwanda (55.0 kg)
- Burundi (18.0 kg)
- South Africa (6.0 kg)
This report provides an in-depth analysis of the olive oil 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:
- FCL 261 - Oil of Olives, Virgin
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
-
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
-
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
-
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
-
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
-
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
-
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
95
This report provides an in-depth analysis of the olive oil market in Tanzania.
201
This report provides an in-depth analysis of the virgin olive oil market in Tanzania.
90
This report provides an in-depth analysis of the refined olive oil market in Tanzania.
557
This report provides an in-depth analysis of the global olive oil market.
5049
This report provides an in-depth analysis of the global virgin olive oil market.
557
This report provides an in-depth analysis of the global refined olive oil market.
95
This report provides an in-depth analysis of the olive oil market in Tanzania.
201
This report provides an in-depth analysis of the virgin olive oil market in Tanzania.
90
This report provides an in-depth analysis of the refined olive oil market in Tanzania.
557
This report provides an in-depth analysis of the global olive oil market.
453
Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
723
The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
3385
In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.
5677
Global virgin olive oil consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
2154
In 2015, the country with the largest volume of the virgin olive oil output was Spain (X thousand tons), accounting for X% of global production.
1289
Spain continued its dominance in the global olive oil trade. In 2014, Spain exported X thousand tons of olive oil totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total oliv
1464
The olive oil industry, connected, as it is, to a product that has long been acknowledged to contain extraordinary health properties, has always thrived in the countries of the Mediterranean region. The Omega-X monounsaturated fatty acids and antioxida
453
Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
723
The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
3385
In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.
