Price for Cereals; Oats, Other than Seed in Tanzania - 2022

Contents:

  1. Price for Cereals; Oats, Other than Seed in Tanzania (CIF) - 2022
  2. Imports of Cereals; Oats, Other than Seed in Tanzania

Price for Cereals; Oats, Other than Seed in Tanzania (CIF) - 2022

In 2022, the average import price for cereals; oats, other than seeds amounted to $2,107 per ton, which is down by -41.7% against the previous year. In general, the import price, however, showed strong growth. The most prominent rate of growth was recorded in 2017 an increase of 94% against the previous year. Over the period under review, average import prices reached the maximum at $3,700 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($13,722 per ton), while the price for the Netherlands ($201 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+37.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Cereals; Oats, Other than Seed in Tanzania

Cereals; oats, other than seed imports into Tanzania surged to 60 tons in 2022, with an increase of 96% compared with the previous year's figure. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 21,912%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cereals; oats, other than seed imports expanded markedly to $127K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 21,412%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Import of Cereals; Oats, Other than Seed in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom4.00.478.381.2172.8%
United Arab Emirates15.8N/A20.834.129.2%
China1.1N/A8.17.589.6%
NetherlandsN/AN/AN/A4.20%
Others3.8N/A4.30.1-70.3%
Total24.60.511112772.8%

Top Suppliers of Cereals; Oats, Other than Seed to Tanzania in 2022:

  1. United Arab Emirates (32.6 tons)
  2. Netherlands (20.6 tons)
  3. United Kingdom (5.9 tons)
  4. China (1.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; oats, other than seed - Tanzania