Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Tanzania - 2022

Contents:

  1. Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Tanzania (FOB) - 2022
  2. Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Tanzania (CIF) - 2022
  3. Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Tanzania
  4. Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Tanzania

Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Tanzania (FOB) - 2022

The average export price for cattle; live, other than pure-bred breeding animalses stood at $961 per unit in 2022, rising by 72% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cattle; live, other than pure-bred breeding animalses increased by +78.1% against 2019 indices. The export price peaked at $1,102 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($961 per unit), while the average price for exports to Kenya totaled $961 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+13.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Tanzania (CIF) - 2022

The average import price for cattle; live, other than pure-bred breeding animalses stood at $946 per unit in 2022, with an increase of 5% against the previous year. Over the period under review, the import price posted a buoyant expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 555% against the previous year. Over the period under review, average import prices hit record highs at $1,010 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Kenya.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +30.3% per year.

Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Tanzania

In 2022, overseas shipments of cattle; live, other than pure-bred breeding animalses decreased by -24.9% to 1.6K units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2020 with an increase of 30%. As a result, the exports reached the peak of 8.4K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cattle; live, other than pure-bred breeding animalses surged to $1.5M in 2022. Overall, exports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2020 when exports increased by 32%. As a result, the exports reached the peak of $4.6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya3,2694,3818931,415-24.4%
Democratic Republic of the Congo17.031.295.196.178.1%
Comoros196197178N/A-4.7%
Others1.61.42.2N/A17.3%
Total3,4834,6101,1681,511-24.3%

Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Tanzania in 2022:

  1. Kenya (1472.0 units)
  2. Democratic Republic of the Congo (100.0 units)

Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Tanzania

In 2022, purchases abroad of cattle; live, other than pure-bred breeding animalses decreased by -27.5% to 108 units, falling for the second year in a row after two years of growth. In general, imports faced a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 22%. As a result, imports attained the peak of 191 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cattle; live, other than pure-bred breeding animalses reduced rapidly to $102K in 2022. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports reached the peak of $166K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya4.69.831.8102180.9%
South Africa13815688.2N/A-20.1%
United KingdomN/AN/A0.1N/A0%
OthersN/AN/A14.00.2-98.6%
Total143166134102-10.7%

Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Tanzania in 2022:

  1. Kenya (107.0 units)

Source: IndexBox Market Intelligence Platform

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