Preserved Frozen Potato Price in Tanzania - 2022
Contents:
- Preserved Frozen Potato Price in Tanzania (CIF) - 2022
- Preserved Frozen Potato Price in Tanzania (FOB) - 2022
- Preserved Frozen Potato Imports in Tanzania
- Preserved Frozen Potato Exports in Tanzania
Preserved Frozen Potato Price in Tanzania (CIF) - 2022
The average preserved frozen potato import price stood at $953 per ton in 2022, rising by 13% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved frozen potato import price decreased by -8.0% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 94%. Over the period under review, average import prices reached the maximum at $1,035 per ton in 2020; however, from 2021 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 Zambia ($2,190 per ton), while the price for Denmark ($358 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Frozen Potato Price in Tanzania (FOB) - 2022
The average preserved frozen potato export price stood at $4,381 per ton in 2022, with a decrease of -8.2% against the previous year. Overall, the export price, however, showed significant growth. The growth pace was the most rapid in 2020 an increase of 200% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,773 per ton in 2021, and then fell in the following year.
As there is only one major export destination, the average price level is determined by prices for Swaziland.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +103.3% per year.
Preserved Frozen Potato Imports in Tanzania
In 2022, the amount of frozen potatoes prepared or preserved imported into Tanzania surged to 638 tons, picking up by 23% compared with 2021 figures. Over the period under review, imports enjoyed strong growth. The growth pace was the most rapid in 2021 with an increase of 59%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, preserved frozen potato imports soared to $608K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +81.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Preserved Frozen Potato in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 68.5 | 109 | 199 | 181 | 38.2% |
| Belgium | 146 | 110 | 128 | 159 | 2.9% |
| Zambia | N/A | N/A | N/A | 39.5 | 0% |
| United Arab Emirates | 5.1 | 3.7 | 3.0 | 35.4 | 90.8% |
| Denmark | 4.1 | 1.0 | 11.2 | 20.7 | 71.6% |
| China | 1.3 | 2.4 | 3.6 | 18.2 | 141.0% |
| South Africa | 46.2 | 41.8 | 22.2 | N/A | -30.7% |
| Others | 109 | 68.2 | 69.9 | 155 | 12.5% |
| Total | 381 | 336 | 437 | 608 | 16.9% |
Top Suppliers of Preserved Frozen Potato to Tanzania in 2022:
- Netherlands (203.5 tons)
- Belgium (152.6 tons)
- Denmark (57.9 tons)
- China (31.1 tons)
- United Arab Emirates (21.4 tons)
- Zambia (18.0 tons)
Preserved Frozen Potato Exports in Tanzania
In 2022, the amount of frozen potatoes prepared or preserved exported from Tanzania contracted significantly to 756 kg, which is down by -18.3% on the year before. Over the period under review, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 14%.
In value terms, preserved frozen potato exports dropped markedly to $3.3K in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 104% against the previous year. As a result, the exports reached the peak of $4.4K, and then shrank notably in the following year.
| Export of Preserved Frozen Potato in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | N/A | N/A | N/A | N/A | 0% |
| Comoros | 0.9 | 2.2 | 4.4 | N/A | 121.1% |
| Oman | 0.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 3.3 | 0% |
| Total | 1.2 | 2.2 | 4.4 | 3.3 | 40.1% |
Top Export Markets for Preserved Frozen Potato from Tanzania in 2022:
- Swaziland (27.0 kg)
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