Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Tanzania - 2022

Contents:

1. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Tanzania (FOB) - 2022
2. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Tanzania (CIF) - 2022
3. Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Tanzania
4. Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Tanzania

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Tanzania (FOB) - 2022

In 2022, the average export price for frozen carcasses and half-carcasses of bovine meat amounted to $6,868 per ton, picking up by 248% against the previous year. Over the period under review, the export price saw a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Qatar ($13,190 per ton), while the average price for exports to Kenya ($3,550 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 Oman (+3.1%).

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Tanzania (CIF) - 2022

The average import price for frozen carcasses and half-carcasses of bovine meat stood at $71 per ton in 2022, falling by -99% against the previous year. Over the period under review, the import price showed a dramatic descent. The growth pace was the most rapid in 2021 when the average import price increased by 367% against the previous year. As a result, import price attained the peak level of $7,457 per ton, and then dropped sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -2.0% per year.

Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Tanzania

In 2022, the amount of frozen carcasses and half-carcasses of bovine meat exported from Tanzania shrank notably to 7.8 tons, waning by -80% on the year before. Overall, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 631%. As a result, the exports attained the peak of 39 tons, and then declined dramatically in the following year.

In value terms, exports of frozen carcasses and half-carcasses of bovine meat contracted remarkably to $54K in 2022. In general, exports continue to indicate a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of 692%. As a result, the exports attained the peak of $77K, and then contracted dramatically in the following year.

Top Export Markets for Frozen Carcasses and Half-Carcasses of Bovine Meat from Tanzania in 2022:

1. Comoros (6.6 tons)
2. Democratic Republic of the Congo (0.5 tons)
3. Kenya (0.5 tons)
4. Qatar (0.2 tons)

Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Tanzania

In 2022, the amount of frozen carcasses and half-carcasses of bovine meat imported into Tanzania rose rapidly to 916 kg, increasing by 13% on the previous year. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 4,805%. As a result, imports reached the peak of 1.9 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of frozen carcasses and half-carcasses of bovine meat fell significantly to $65 in 2022. Over the period under review, imports recorded temperate growth. The most prominent rate of growth was recorded in 2020 when imports increased by 5,256%.

Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Tanzania in 2022:

1. Romania (916.0 kg)

Source: IndexBox Market Intelligence Platform