Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Tanzania - 2023

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Tanzania (CIF) - 2022
  2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Tanzania (FOB) - 2022
  3. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Tanzania
  4. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Tanzania

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Tanzania (CIF) - 2022

In 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $150 per ton, falling by -53.3% against the previous year. In general, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of 161% against the previous year. The import price peaked at $2,290 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 +29.9% per year.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Tanzania (FOB) - 2022

In 2021, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $73 per ton, shrinking by -9.3% against the previous year. Over the period under review, the export price saw a pronounced downturn. The pace of growth was the most pronounced in 2013 an increase of 3,763%. As a result, the export price attained the peak level of $4,190 per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Kenya amounted to -61.8% per year.

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Tanzania

For the fourth consecutive year, Tanzania recorded growth in supplies from abroad of cereal grains; rolled or flaked, of cereals excluding barley and oatses, which increased by 2,295% to 991 tons in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses skyrocketed to $149K in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/AN/AN/A1460%
United Arab Emirates1.60.712.7N/A181.7%
Others3.96.40.63.1-7.4%
Total5.47.113.3149202.2%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Tanzania in 2022:

  1. Kenya (985.0 tons)

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Tanzania

In 2021, after two years of growth, there was significant decline in shipments abroad of cereal grains; rolled or flaked, of cereals excluding barley and oatses, when their volume decreased by -89.4% to 300 tons. In general, exports recorded a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 215%. As a result, the exports reached the peak of 2.8K tons, and then shrank sharply in the following year.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses dropped rapidly to $22K in 2021. Overall, exports showed a significant contraction. The growth pace was the most rapid in 2020 with an increase of 188% against the previous year. As a result, the exports reached the peak of $227K, and then declined significantly in the following year.

Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Tanzania (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Kenya79.022721.9-47.3%
OthersN/AN/AN/A0%
Total79.022721.9-47.3%

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Tanzania in 2022:

  1. Kenya (300.0 tons)

Source: IndexBox Market Intelligence Platform

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