Price for Frozen Boneless Cuts of Bovine Meat in Tanzania - 2022
Contents:
- Price for Frozen Boneless Cuts of Bovine Meat in Tanzania (CIF) - 2022
- Price for Frozen Boneless Cuts of Bovine Meat in Tanzania (FOB) - 2022
- Imports of Frozen Boneless Cuts of Bovine Meat in Tanzania
- Exports of Frozen Boneless Cuts of Bovine Meat in Tanzania
Price for Frozen Boneless Cuts of Bovine Meat in Tanzania (CIF) - 2022
The average import price for frozen boneless cuts of bovine meat stood at $3,027 per ton in 2022, reducing by -40.9% against the previous year. Overall, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 64% against the previous year. The import price peaked at $7,302 per ton in 2014; however, from 2015 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 South Africa ($4,754 per ton), while the price for the UK ($879 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Boneless Cuts of Bovine Meat in Tanzania (FOB) - 2022
In 2022, the average export price for frozen boneless cuts of bovine meat amounted to $1,909 per ton, declining by -19.8% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 73% against the previous year. As a result, the export price attained the peak level of $5,339 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Comoros ($2,012 per ton), while the average price for exports to Oman amounted to $1,778 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+373.8%), while the prices for the other major destinations experienced a decline.
Imports of Frozen Boneless Cuts of Bovine Meat in Tanzania
In 2022, imports of frozen boneless cuts of bovine meat into Tanzania dropped markedly to 20 tons, shrinking by -55.5% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 62%. As a result, imports attained the peak of 44 tons, and then reduced notably in the following year.
In value terms, imports of frozen boneless cuts of bovine meat dropped notably to $60K in 2022. Overall, imports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 100%. As a result, imports reached the peak of $227K, and then shrank dramatically in the following year.
| Import of Frozen Boneless Cuts of Bovine Meat in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 6.0 | 0.9 | 2.6 | 43.8 | 94.0% |
| Brazil | 98.9 | 1.0 | 5.8 | 8.5 | -55.9% |
| United Arab Emirates | 1.5 | 0.1 | 0.2 | 4.1 | 39.8% |
| United Kingdom | 0.1 | N/A | 0.1 | 3.1 | 214.1% |
| Kenya | 8.1 | 12.9 | 80.5 | N/A | 215.3% |
| Slovenia | N/A | N/A | 2.4 | N/A | 0% |
| India | 16.5 | 3.1 | 16.4 | N/A | -0.3% |
| Italy | 0.2 | 1.8 | 21.7 | N/A | 941.6% |
| Australia | 48.5 | 10.5 | 64.7 | N/A | 15.5% |
| Saudi Arabia | N/A | 82.4 | N/A | N/A | 0% |
| Others | 3.3 | 0.5 | 32.2 | N/A | 212.4% |
| Total | 183 | 113 | 227 | 59.6 | -31.2% |
Top Suppliers of Frozen Boneless Cuts of Bovine Meat to Tanzania in 2022:
- South Africa (9.2 tons)
- Brazil (5.1 tons)
- United Kingdom (3.5 tons)
- United Arab Emirates (1.8 tons)
Exports of Frozen Boneless Cuts of Bovine Meat in Tanzania
In 2022, the amount of frozen boneless cuts of bovine meat exported from Tanzania fell markedly to 1.2 tons, reducing by -99.9% on the previous year's figure. Over the period under review, exports recorded a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 9,206%. As a result, the exports attained the peak of 838 tons, and then shrank notably in the following year.
In value terms, exports of frozen boneless cuts of bovine meat fell rapidly to $2.2K in 2022. Overall, exports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 10,982%. As a result, the exports attained the peak of $2M, and then fell rapidly in the following year.
| Export of Frozen Boneless Cuts of Bovine Meat in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Comoros | N/A | N/A | 336 | 1.3 | -99.6% |
| Oman | 25.7 | 0.2 | 11.4 | 0.9 | -67.3% |
| Hong Kong SAR | 141 | 17.8 | 1,647 | N/A | 241.8% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 167 | 18.0 | 1,995 | 2.2 | -76.4% |
Top Export Markets for Frozen Boneless Cuts of Bovine Meat from Tanzania in 2022:
- Comoros (650.0 kg)
- Oman (510.0 kg)
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