Price for Frozen Concentrated Orange Juice in Tanzania - 2021
Contents:
- Price for Frozen Concentrated Orange Juice in Tanzania (CIF) - 2022
- Price for Frozen Concentrated Orange Juice in Tanzania (FOB) - 2022
- Imports of Frozen Concentrated Orange Juice in Tanzania
- Exports of Frozen Concentrated Orange Juice in Tanzania
Price for Frozen Concentrated Orange Juice in Tanzania (CIF) - 2022
In 2022, the average frozen concentrated orange juice import price amounted to $590 per ton, declining by -32.3% against the previous year. Overall, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $1,334 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +5.0% per year.
Price for Frozen Concentrated Orange Juice in Tanzania (FOB) - 2022
In 2022, the average frozen concentrated orange juice export price amounted to $264 per ton, waning by -11.3% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 111%. As a result, the export price attained the peak level of $1,146 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Comoros ($670 per ton), while the average price for exports to Rwanda totaled $248 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (-7.3%), while the prices for the other major destinations experienced a decline.
Imports of Frozen Concentrated Orange Juice in Tanzania
For the third year in a row, Tanzania recorded decline in purchases abroad of frozen concentrated orange juice, which decreased by -50.5% to 100 kg in 2022. In general, imports faced a sharp setback. The smallest decline of -34.5% was in 2020.
In value terms, frozen concentrated orange juice imports dropped notably to $59 in 2022. Overall, imports continue to indicate a sharp decline. The smallest decline of -33.5% was in 2020.
| Import of Frozen Concentrated Orange Juice in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 59.0 | 18.0 | 1.0 | 59.0 | 0.0% |
| Egypt | 517 | 365 | 168 | N/A | -43.0% |
| Others | 21.0 | 14.0 | 7.0 | N/A | -42.3% |
| Total | 597 | 397 | 176 | 59.0 | -53.8% |
Top Suppliers of Frozen Concentrated Orange Juice to Tanzania in 2022:
- United Arab Emirates (100.0 kg)
Exports of Frozen Concentrated Orange Juice in Tanzania
Frozen concentrated orange juice exports from Tanzania expanded significantly to 18 tons in 2022, picking up by 6% on the previous year. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 103% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, frozen concentrated orange juice exports contracted to $4.9K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 68%. As a result, the exports reached the peak of $5.5K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Frozen Concentrated Orange Juice in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 0.1 | 0.3 | 1.3 | 4.4 | 253.0% |
| Comoros | 2.6 | 4.6 | 2.8 | 0.4 | -46.4% |
| Democratic Republic of the Congo | 0.1 | 0.4 | 0.9 | N/A | 200.0% |
| Mali | 0.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.3 | 0.1 | 0.0% |
| Total | 3.3 | 5.5 | 5.2 | 4.9 | 14.1% |
Top Export Markets for Frozen Concentrated Orange Juice from Tanzania in 2022:
- Rwanda (17.8 tons)
- Comoros (0.6 tons)
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