Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Tanzania - 2022
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Tanzania (FOB) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Tanzania (CIF) - 2022
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Tanzania
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Tanzania
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Tanzania (FOB) - 2022
In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $246 per ton, declining by -43.7% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 65% against the previous year. Over the period under review, the average export prices attained the maximum at $482 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($2,570 per ton), while the average price for exports to Democratic Republic of the Congo totaled $208 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Tanzania (CIF) - 2022
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $256 per ton in 2022, falling by -66.5% against the previous year. Overall, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2019 an increase of 50% against the previous year. Over the period under review, average import prices reached the peak figure at $768 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($276 per ton), while the price for the UK totaled $250 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Tanzania
After two years of decline, shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) increased by 1,522% to 213 tons in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) skyrocketed to $52K in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | N/A | N/A | N/A | 43.6 | 0% |
Oman | 0.4 | N/A | 0.1 | 8.8 | 180.2% |
Kenya | 24.4 | 4.0 | 4.3 | N/A | -58.0% |
Burundi | 2.3 | 0.5 | 0.4 | N/A | -58.3% |
Others | 1.7 | 0.3 | 0.9 | N/A | -27.2% |
Total | 28.8 | 4.9 | 5.7 | 52.5 | 22.2% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Tanzania in 2022:
- Democratic Republic of the Congo (210.0 tons)
- Oman (3.4 tons)
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Tanzania
In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) imported into Tanzania fell remarkably to 129 kg, which is down by -98.9% on 2021. Overall, imports showed a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 5.2% against the previous year.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) shrank remarkably to $33 in 2022. Over the period under review, imports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 4.5% against the previous year.
Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 10.7 | 8.2 | 6.8 | N/A | -20.3% |
United Arab Emirates | 1.7 | 0.6 | 1.4 | N/A | -9.3% |
United Kingdom | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 1.0 | N/A | 0% |
Total | 12.4 | 8.8 | 9.2 | N/A | -13.9% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Tanzania in 2022:
- United Kingdom (100.0 kg)
- United Arab Emirates (29.0 kg)
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From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
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