Price for Meat of Bovine Animals; Frozen in Tanzania - 2022
Contents:
- Price for Meat of Bovine Animals; Frozen in Tanzania (CIF) - 2022
- Price for Meat of Bovine Animals; Frozen in Tanzania (FOB) - 2022
- Imports of Meat of Bovine Animals; Frozen in Tanzania
- Exports of Meat of Bovine Animals; Frozen in Tanzania
Price for Meat of Bovine Animals; Frozen in Tanzania (CIF) - 2022
In 2022, the average import price for meat of bovine animals; frozen amounted to $4,303 per ton, declining by -23.5% against the previous year. Over the period under review, the import price, however, posted a notable expansion. The most prominent rate of growth was recorded in 2019 an increase of 84% against the previous year. As a result, import price reached the peak level of $7,044 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($8,803 per ton), while the price for Brazil ($309 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Meat of Bovine Animals; Frozen in Tanzania (FOB) - 2022
The average export price for meat of bovine animals; frozen stood at $6,268 per ton in 2022, picking up by 218% against the previous year. In general, the export price showed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($13,190 per ton), while the average price for exports to Oman ($2,938 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 Comoros (+343.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Frozen in Tanzania
In 2022, the amount of meat of bovine animals; frozen imported into Tanzania soared to 143 tons, with an increase of 36% on the previous year's figure. Overall, imports, however, continue to indicate a deep slump.
In value terms, meat of bovine animals; frozen imports expanded modestly to $617K in 2022. Over the period under review, imports, however, faced a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 26%.
| Import of Meat of Bovine Animals; Frozen in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 1,443 | 463 | 579 | 526 | -28.6% |
| South Africa | N/A | 0.2 | 4.2 | 47.2 | 1436.2% |
| United Arab Emirates | 53.2 | 0.9 | 0.2 | 17.6 | -30.8% |
| Saudi Arabia | N/A | N/A | N/A | 13.5 | 0% |
| Brazil | N/A | 8.4 | 7.5 | 8.5 | 0.6% |
| United Kingdom | 0.2 | N/A | 0.2 | 3.1 | 149.3% |
| Slovenia | N/A | N/A | 3.1 | N/A | 0% |
| Others | 0.4 | N/A | 0.2 | 0.1 | -37.0% |
| Total | 1,497 | 473 | 594 | 617 | -25.6% |
Top Suppliers of Meat of Bovine Animals; Frozen to Tanzania in 2022:
- Kenya (59.8 tons)
- Saudi Arabia (29.0 tons)
- Brazil (27.6 tons)
- South Africa (12.7 tons)
- United Kingdom (7.1 tons)
- United Arab Emirates (6.1 tons)
Exports of Meat of Bovine Animals; Frozen in Tanzania
In 2022, shipments abroad of meat of bovine animals; frozen decreased by -97.7% to 9 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2020 with an increase of 31% against the previous year. As a result, the exports reached the peak of 605 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, meat of bovine animals; frozen exports fell markedly to $57K in 2022. Overall, exports saw a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 48%. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Meat of Bovine Animals; Frozen in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Comoros | N/A | N/A | 361 | 47.9 | -86.7% |
| Qatar | N/A | 500 | N/A | 2.6 | -92.8% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 2.6 | 0% |
| Kenya | N/A | N/A | N/A | 1.8 | 0% |
| Oman | N/A | 964 | 388 | 1.7 | -95.8% |
| Mozambique | 990 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 18.5 | N/A | 0% |
| Total | 990 | 1,464 | 768 | 56.6 | -61.5% |
Top Export Markets for Meat of Bovine Animals; Frozen from Tanzania in 2022:
- Comoros (7.3 tons)
- Oman (0.6 tons)
- Democratic Republic of the Congo (0.5 tons)
- Kenya (0.5 tons)
- Qatar (0.2 tons)
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