Price for Meat of Bovine Animals; Fresh or Chilled in Tanzania - 2022
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Tanzania (FOB) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Tanzania (CIF) - 2022
- Exports of Meat of Bovine Animals; Fresh or Chilled in Tanzania
- Imports of Meat of Bovine Animals; Fresh or Chilled in Tanzania
Price for Meat of Bovine Animals; Fresh or Chilled in Tanzania (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $2,526 per ton in 2022, dropping by -55.1% against the previous year. In general, the export price continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2016 when the average export price increased by 37% against the previous year. The export price peaked at $5,622 per ton in 2021, and then fell sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($6,051 per ton), while the average price for exports to Comoros ($952 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 Kuwait (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Tanzania (CIF) - 2022
The average import price for meat of bovine animals; fresh or chilled stood at $8,532 per ton in 2022, increasing by 209% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($14,168 per ton), while the price for Norway ($2,286 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+46.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Meat of Bovine Animals; Fresh or Chilled in Tanzania
In 2022, overseas shipments of meat of bovine animals; fresh or chilled were finally on the rise to reach 402 tons after two years of decline. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of meat of bovine animals; fresh or chilled skyrocketed to $1M in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Meat of Bovine Animals; Fresh or Chilled in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | 35.8 | 624 | 1643.0% |
| Hong Kong SAR | N/A | N/A | N/A | 187 | 0% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 66.4 | 0% |
| Kuwait | 91.6 | 82.2 | 33.7 | 37.9 | -25.5% |
| Kenya | N/A | N/A | N/A | 27.7 | 0% |
| Comoros | N/A | 1.0 | N/A | 16.5 | 306.2% |
| Oman | 18.1 | 3.6 | 0.6 | 1.9 | -52.8% |
| Others | N/A | N/A | 12.4 | 53.0 | 327.4% |
| Total | 110 | 86.8 | 82.5 | 1,014 | 109.7% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Tanzania in 2022:
- Hong Kong SAR (176.1 tons)
- Qatar (146.2 tons)
- Democratic Republic of the Congo (35.5 tons)
- Comoros (17.4 tons)
- Kuwait (8.2 tons)
- Kenya (6.4 tons)
- Oman (0.3 tons)
Imports of Meat of Bovine Animals; Fresh or Chilled in Tanzania
In 2022, supplies from abroad of meat of bovine animals; fresh or chilled decreased by -98.5% to 376 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports faced a significant decline. The growth pace was the most rapid in 2020 with an increase of 13%.
In value terms, imports of meat of bovine animals; fresh or chilled contracted notably to $3.2K in 2022. Overall, imports recorded a sharp decline. The smallest decline of -21.2% was in 2020.
| Import of Meat of Bovine Animals; Fresh or Chilled in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 2.1 | 0% |
| United Kingdom | N/A | N/A | N/A | 1.0 | 0% |
| Italy | 1.9 | N/A | N/A | 0.1 | -62.5% |
| Norway | N/A | N/A | N/A | N/A | 0% |
| South Africa | 116 | 96.3 | 68.9 | N/A | -22.9% |
| Others | 4.1 | N/A | 1.4 | N/A | -41.6% |
| Total | 122 | 96.3 | 70.4 | 3.2 | -70.3% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Tanzania in 2022:
- United Kingdom (200.0 kg)
- Netherlands (149.0 kg)
- Italy (20.0 kg)
- Norway (7.0 kg)
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