Price for Cereals; Millet, Other than Seed in Tanzania - 2022
Contents:
- Price for Cereals; Millet, Other than Seed in Tanzania (FOB) - 2022
- Price for Cereals; Millet, Other than Seed in Tanzania (CIF) - 2022
- Exports of Cereals; Millet, Other than Seed in Tanzania
- Imports of Cereals; Millet, Other than Seed in Tanzania
Price for Cereals; Millet, Other than Seed in Tanzania (FOB) - 2022
The average export price for cereals; millet, other than seeds stood at $121 per ton in 2022, picking up by 109% against the previous year. Over the period under review, the export price, however, recorded a mild decline. The export price peaked at $144 per ton in 2012; however, from 2013 to 2022, the 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 ($229 per ton), while the average price for exports to Kenya ($81 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+16.4%), while the prices for the other major destinations experienced a decline.
Price for Cereals; Millet, Other than Seed in Tanzania (CIF) - 2022
In 2022, the average import price for cereals; millet, other than seeds amounted to $2,400 per ton, jumping by 42% against the previous year. Overall, the import price saw a significant increase. The growth pace was the most rapid in 2021 when the average import price increased by 161% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +7.8% per year.
Exports of Cereals; Millet, Other than Seed in Tanzania
In 2022, cereals; millet, other than seed exports from Tanzania skyrocketed to 2.9K tons, increasing by 149% on 2021. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; millet, other than seed exports skyrocketed to $349K in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Millet, Other than Seed in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 0.6 | 0.4 | 0.1 | 268 | 664.4% |
| Kenya | 23.5 | 41.0 | 59.2 | 56.7 | 34.1% |
| Rwanda | 40.3 | 23.8 | 6.9 | 24.3 | -15.5% |
| Others | 1.6 | 1.4 | 0.7 | N/A | -33.9% |
| Total | 66.1 | 66.5 | 67.0 | 349 | 74.1% |
Top Export Markets for Cereals; Millet, Other than Seed from Tanzania in 2022:
- Uganda (2078.0 tons)
- Kenya (700.0 tons)
- Rwanda (106.0 tons)
Imports of Cereals; Millet, Other than Seed in Tanzania
For the third year in a row, Tanzania recorded decline in purchases abroad of cereals; millet, other than seeds, which decreased by -99.9% to 50 kg in 2022. Overall, imports continue to indicate a dramatic descent. The smallest decline of -40.3% was in 2020.
In value terms, cereals; millet, other than seed imports contracted remarkably to $120 in 2022. In general, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 6.2%. As a result, imports attained the peak of $124K, and then declined markedly in the following year.
| Import of Cereals; Millet, Other than Seed in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.4 | 3.3 | N/A | 0.1 | -37.0% |
| Malawi | N/A | 73.6 | 121 | N/A | 64.4% |
| Uganda | 102 | 31.9 | 0.6 | N/A | -92.3% |
| India | 8.2 | 4.0 | 2.0 | N/A | -50.6% |
| Others | 2.7 | 3.7 | 0.1 | N/A | -80.8% |
| Total | 113 | 116 | 124 | 0.1 | -90.4% |
Top Suppliers of Cereals; Millet, Other than Seed to Tanzania in 2022:
- United Arab Emirates (50.0 kg)
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