Price for Cereals; Grain Sorghum, Seed in Tanzania - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Tanzania (FOB) - 2022
- Price for Cereals; Grain Sorghum, Seed in Tanzania (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Seed in Tanzania
- Imports of Cereals; Grain Sorghum, Seed in Tanzania
Price for Cereals; Grain Sorghum, Seed in Tanzania (FOB) - 2022
The average cereals; grain sorghum, seed export price stood at $174 per ton in 2022, growing by 5.2% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 50%. As a result, the export price reached the peak level of $212 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($179 per ton), while the average price for exports to Kenya stood at $64 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereals; Grain Sorghum, Seed in Tanzania (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $541 per ton in 2022, rising by 268% against the previous year. Over the period under review, the import price saw a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,269 per ton), while the price for Malawi ($113 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+37.9%), while the prices for the other major suppliers experienced a decline.
Exports of Cereals; Grain Sorghum, Seed in Tanzania
For the fourth consecutive year, Tanzania recorded growth in shipments abroad of cereals; grain sorghum, seeds, which increased by 69% to 6K tons in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; grain sorghum, seed exports surged to $1M in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Seed in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 77.6 | 125 | 185 | 1,029 | 136.7% |
| Kenya | 12.0 | 2.3 | 10.6 | 16.3 | 10.7% |
| Burundi | 55.6 | 30.5 | 51.7 | N/A | -3.6% |
| Uganda | 187 | 284 | 341 | N/A | 35.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 332 | 442 | 589 | 1,045 | 46.6% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Tanzania in 2022:
- Rwanda (5.7K tons)
- Kenya (0.3K tons)
Imports of Cereals; Grain Sorghum, Seed in Tanzania
In 2022, the amount of cereals; grain sorghum, seeds imported into Tanzania plummeted to 54 tons, falling by -69.4% compared with the year before. Overall, imports continue to indicate a sharp downturn. The smallest decline of -36.9% was in 2020.
In value terms, cereals; grain sorghum, seed imports expanded rapidly to $29K in 2022. Over the period under review, imports faced a sharp slump.
| Import of Cereals; Grain Sorghum, Seed in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.5 | 0.1 | 8.1 | 23.6 | 40.6% |
| Malawi | 16.7 | 11.4 | 3.6 | 4.7 | -34.5% |
| Brazil | N/A | N/A | N/A | 0.7 | 0% |
| Uganda | 236 | 244 | 14.0 | N/A | -75.6% |
| Others | 72.1 | 0.1 | 0.1 | N/A | -96.3% |
| Total | 333 | 255 | 25.8 | 29.1 | -55.6% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Tanzania in 2022:
- Malawi (41.9 tons)
- India (10.4 tons)
- Brazil (1.4 tons)
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