Price for Food Preparations Not Elsewhere Specified or Included in Tanzania - 2022
Contents:
- Price for Food Preparations Not Elsewhere Specified or Included in Tanzania (CIF) - 2022
- Price for Food Preparations Not Elsewhere Specified or Included in Tanzania (FOB) - 2022
- Imports of Food Preparations Not Elsewhere Specified or Included in Tanzania
- Exports of Food Preparations Not Elsewhere Specified or Included in Tanzania
Price for Food Preparations Not Elsewhere Specified or Included in Tanzania (CIF) - 2022
In 2022, the average import price for food preparations not elsewhere specified or included amounted to $2,586 per ton, falling by -8% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2020 an increase of 17%. The import price peaked at $3,039 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,715 per ton), while the price for India ($1,501 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Food Preparations Not Elsewhere Specified or Included in Tanzania (FOB) - 2022
The average export price for food preparations not elsewhere specified or included stood at $2,423 per ton in 2022, reducing by -18.7% against the previous year. Overall, the export price continues to indicate a noticeable descent. The growth pace was the most rapid in 2021 an increase of 58%. The export price peaked at $4,541 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 Rwanda ($3,111 per ton), while the average price for exports to Sudan ($160 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 Comoros (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Food Preparations Not Elsewhere Specified or Included in Tanzania
Imports of food preparations not elsewhere specified or included into Tanzania soared to 6.3K tons in 2022, growing by 28% compared with the previous year's figure. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of food preparations not elsewhere specified or included soared to $16M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Food Preparations Not Elsewhere Specified or Included in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,856 | 2,456 | 2,404 | 4,018 | 29.4% |
| India | 478 | 846 | 1,068 | 2,035 | 62.1% |
| United States | 1,558 | 1,113 | 940 | 1,763 | 4.2% |
| China | 337 | 76.1 | 440 | 1,550 | 66.3% |
| Netherlands | 122 | 110 | 168 | 752 | 83.4% |
| South Africa | 256 | 583 | 434 | 696 | 39.6% |
| Germany | 442 | 47.8 | 630 | 649 | 13.7% |
| Turkey | 448 | 307 | 204 | 555 | 7.4% |
| Kenya | 347 | 483 | 527 | 405 | 5.3% |
| Malaysia | 372 | 431 | 346 | 388 | 1.4% |
| Israel | 27.3 | 0.2 | 0.1 | 341 | 132.0% |
| United Arab Emirates | 1,480 | 2,098 | 4,064 | 81.3 | -62.0% |
| Singapore | 116 | 181 | 198 | N/A | 30.6% |
| Others | 1,622 | 1,263 | 2,497 | 3,159 | 24.9% |
| Total | 9,462 | 9,996 | 13,919 | 16,392 | 20.1% |
Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Tanzania in 2022:
- Indonesia (2342.8 tons)
- India (1355.4 tons)
- China (872.1 tons)
- Netherlands (221.7 tons)
- Israel (217.0 tons)
- Kenya (195.2 tons)
- United States (164.6 tons)
- South Africa (148.6 tons)
- Turkey (135.2 tons)
- Malaysia (107.0 tons)
- Germany (105.3 tons)
- United Arab Emirates (31.0 tons)
Exports of Food Preparations Not Elsewhere Specified or Included in Tanzania
In 2022, overseas shipments of food preparations not elsewhere specified or included decreased by -21.1% to 139 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2020 with an increase of 773%. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of food preparations not elsewhere specified or included shrank notably to $336K in 2022. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 535%. As a result, the exports reached the peak of $2.6M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Food Preparations Not Elsewhere Specified or Included in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 22.8 | 0.5 | 0.3 | 247 | 121.3% |
| Kenya | N/A | 0.2 | 21.9 | 11.6 | 661.6% |
| Malawi | N/A | 1.6 | N/A | 9.5 | 143.7% |
| Comoros | 85.7 | 2.8 | 0.9 | 8.9 | -53.0% |
| Sudan | N/A | N/A | 7.3 | 4.4 | -39.7% |
| India | 18.9 | N/A | 0.1 | 3.3 | -44.1% |
| Oman | 24.9 | 0.5 | 0.6 | 1.4 | -61.7% |
| Uganda | N/A | N/A | 41.3 | 0.2 | -99.5% |
| Burundi | N/A | 2,280 | 52.1 | N/A | -97.7% |
| Others | 263 | 355 | 400 | 50.6 | -42.3% |
| Total | 416 | 2,640 | 524 | 336 | -6.9% |
Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Tanzania in 2022:
- Rwanda (79.3 tons)
- Sudan (27.5 tons)
- Kenya (8.0 tons)
- Comoros (6.8 tons)
- India (5.7 tons)
- Malawi (4.0 tons)
- Oman (2.6 tons)
- Uganda (0.1 tons)
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