Report Update: May 1, 2024

Tanzania - Ploughs For Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights

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Plough Price in Tanzania - 2022

Plough Price in Tanzania (CIF) - 2022

In December 2021, the average plough import price amounted to $296 per unit, waning by -13.6% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2021 an increase of 73% against the previous month. Over the period under review, average import prices reached the maximum at $545 per unit in May 2021; however, from June 2021 to December 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($301 per unit), while the price for China totaled $193 per unit.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by India (+3.9%).

Plough Price in Tanzania (FOB) - 2022

In 2022, the average plough export price amounted to $542 per unit, growing by 33% against the previous year. In general, the export price, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 50%. Over the period under review, the average export prices reached the peak figure at $666 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($1,000 per unit), while the average price for exports to Democratic Republic of the Congo ($281 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 Malawi (+47.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plough Imports in Tanzania

Plough imports into Tanzania skyrocketed to 3.8K units in 2022, jumping by 30% on the previous year. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, plough imports skyrocketed to $5.4M in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Plough in Tanzania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	1,520	2,153	3,430	4,178	40.1%
Brazil	177	86.4	279	269	15.0%
South Africa	138	99.1	44.1	260	23.5%
Pakistan	103	130	144	171	18.4%
Italy	N/A	N/A	6.2	166	2577.4%
China	123	75.7	76.5	130	1.9%
Turkey	80.5	98.1	20.9	97.8	6.7%
United Kingdom	94.5	N/A	N/A	13.7	-47.5%
Others	400	242	486	107	-35.6%
Total	2,637	2,884	4,487	5,392	26.9%

Top Suppliers of Plough to Tanzania in 2022:

India (2483.0 units)
China (440.0 units)
Brazil (223.0 units)
Turkey (183.0 units)
South Africa (172.0 units)
Italy (102.0 units)
Pakistan (102.0 units)
United Kingdom (17.0 units)

Plough Exports in Tanzania

In 2022, the amount of ploughs for agricultural purposes exported from Tanzania declined sharply to 23 units, shrinking by -75.8% on the previous year's figure. Over the period under review, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 179% against the previous year. As a result, the exports attained the peak of 95 units, and then contracted dramatically in the following year.

In value terms, plough exports contracted dramatically to $12K in 2022. Overall, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 150% against the previous year. As a result, the exports reached the peak of $39K, and then dropped significantly in the following year.

Export of Plough in Tanzania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Zambia	N/A	4.1	30.7	5.2	12.6%
South Africa	N/A	N/A	N/A	5.0	0%
Democratic Republic of the Congo	2.2	2.7	N/A	2.3	1.5%
Uganda	11.9	8.5	0.5	N/A	-79.5%
Rwanda	24.3	N/A	7.6	N/A	-44.1%
Others	N/A	0.2	N/A	N/A	0%
Total	38.4	15.5	38.8	12.5	-31.2%

Top Export Markets for Plough from Tanzania in 2022:

Zambia (10.0 units)
Democratic Republic of the Congo (8.0 units)
South Africa (5.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plough 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 28303130 -
Prodcom 28303150 -

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023