Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Tanzania - 2022

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Tanzania (FOB) - 2022
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Tanzania (CIF) - 2022
3. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Tanzania
4. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Tanzania

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Tanzania (FOB) - 2022

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $993 per ton in 2022, jumping by 33% against the previous year. Over the period under review, the export price, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2021 an increase of 34% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,233 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($1,181 per ton), while the average price for exports to Burundi ($310 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 (+19.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Tanzania (CIF) - 2022

In 2022, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $16,667 per ton, reducing by -27.6% against the previous year. In general, the import price, however, posted a prominent expansion. The growth pace was the most rapid in 2014 a decrease of -12.6% against the previous year. The import price peaked at $23,028 per ton in 2021, and then dropped remarkably in the following year.

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 Malawi ($24,500 per ton), while the price for China amounted to $1,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+16.3%).

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Tanzania

In 2022, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell from Tanzania shrank dramatically to 79 tons, which is down by -17.8% against the previous year. Overall, exports saw a precipitous shrinkage.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $78K in 2022. In general, exports faced a dramatic setback.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Tanzania in 2022:

1. Indonesia (72.2 tons)
2. Rwanda (4.6 tons)
3. Burundi (1.7 tons)
4. Oman (0.2 tons)

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Tanzania

In 2022, approx. 3 kg of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were imported into Tanzania; dropping by -97.2% compared with the year before. Overall, imports faced a sharp shrinkage.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell dropped remarkably to $50 in 2022. In general, imports continue to indicate a sharp decrease.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Tanzania in 2022:

1. Malawi (2.0 kg)
2. China (1.0 kg)

Source: IndexBox Market Intelligence Platform