Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Tanzania - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Tanzania (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Tanzania (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Tanzania
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Tanzania
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Tanzania (FOB) - 2022
The average export price for fertilizers, mineral or chemical stood at $405 per ton in 2022, leveling off at the previous year. Overall, the export price, however, recorded a mild setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 98%. Over the period under review, the average export prices hit record highs at $689 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($502 per ton), while the average price for exports to Malawi ($91 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 Congo (+0.8%), while the prices for the other major destinations experienced a decline.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Tanzania (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $575 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 148% against the previous year. The import price peaked at $1,178 per ton in 2015; however, from 2016 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 Kenya ($488 per ton), while the price for South Africa ($250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+305.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Tanzania
For the third consecutive year, Tanzania recorded decline in overseas shipments of fertilizers, mineral or chemical, which decreased by -42.2% to 95 tons in 2022. In general, exports faced a precipitous contraction. The smallest decline of -24% was in 2021.
In value terms, exports of fertilizers, mineral or chemical contracted dramatically to $38K in 2022. Overall, exports saw a precipitous decline. The smallest decline of -23.9% was in 2021.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 89.2 | 69.8 | 53.7 | 31.3 | -29.5% |
| Kenya | 13.7 | 9.5 | 6.4 | 3.3 | -37.8% |
| Zambia | 8.1 | 6.6 | 5.2 | 3.2 | -26.6% |
| Malawi | 1.1 | 0.8 | 0.5 | 0.2 | -43.3% |
| Others | 2.6 | 0.7 | 0.5 | 0.3 | -51.3% |
| Total | 115 | 87.3 | 66.4 | 38.4 | -30.6% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Tanzania in 2022:
- Burundi (75.0 tons)
- Zambia (10.2 tons)
- Kenya (6.6 tons)
- Malawi (2.7 tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Tanzania
For the third consecutive year, Tanzania recorded decline in purchases abroad of fertilizers, mineral or chemical, which decreased by -32.4% to 23 tons in 2022. Overall, imports continue to indicate a dramatic curtailment.
In value terms, imports of fertilizers, mineral or chemical shrank significantly to $13K in 2022. In general, imports showed a sharp contraction.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 71.4 | 42.8 | 12.5 | 8.6 | -50.6% |
| China | 10.2 | 7.3 | 3.2 | 2.1 | -41.0% |
| Others | 6.8 | 4.0 | 4.1 | 2.6 | -27.4% |
| Total | 88.4 | 54.1 | 19.8 | 13.3 | -46.8% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Tanzania in 2022:
- Kenya (17.5 tons)
- China (5.0 tons)
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