Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Tanzania - 2022

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Tanzania (CIF) - 2022
  2. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Tanzania

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Tanzania (CIF) - 2022

In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $31,000 per ton, surging by 184% against the previous year. Overall, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Barbados.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +34.9% per year.

Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Tanzania

In 2022, purchases abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -93.3% to 1 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. As a result, imports attained the peak of 994 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s dropped rapidly to $31 in 2022. In general, imports saw a dramatic decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 28%. As a result, imports attained the peak of $15K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BarbadosN/AN/AN/AN/A0%
South Africa2.74.40.1N/A-80.8%
United Kingdom9.411.10.1N/A-89.7%
OthersN/AN/AN/AN/A0%
Total12.115.50.2N/A-87.1%

Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Tanzania in 2022:

  1. Barbados (1.0 kg)

Source: IndexBox Market Intelligence Platform

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