Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Tanzania - 2022
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Tanzania (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Tanzania (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Tanzania
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Tanzania
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Tanzania (CIF) - 2022
In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $1,789 per ton, standing approx. at the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soups and broths and preparations therefor; homogenised composite food preparationses decreased by -23.9% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 120%. As a result, import price reached the peak level of $2,445 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
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 South Africa ($2,334 per ton), while the price for the United States ($69 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+51.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Tanzania (FOB) - 2022
In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $151 per ton, dropping by -86.1% against the previous year. Over the period under review, the export price recorded a precipitous setback. The growth pace was the most rapid in 2013 when the average export price increased by 172%. As a result, the export price attained the peak level of $5,405 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Comoros ($1,713 per ton), while the average price for exports to Democratic Republic of the Congo ($150 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 Zambia (+12.6%), while the prices for the other major destinations experienced a decline.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Tanzania
In 2022, the amount of soups and broths and preparations therefor; homogenised composite food preparationses imported into Tanzania declined notably to 30 tons, which is down by -51.4% against the year before. Overall, imports recorded a dramatic downturn. The growth pace was the most rapid in 2021 when imports increased by 142%.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses contracted remarkably to $53K in 2022. Over the period under review, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 58.7 | 30.2 | 78.9 | 43.4 | -9.6% |
| United Kingdom | 12.7 | 2.8 | 15.8 | 7.0 | -18.0% |
| India | 0.7 | N/A | 1.7 | 1.1 | 16.3% |
| United Arab Emirates | 37.6 | 25.0 | 8.4 | 0.8 | -72.3% |
| China | 2.6 | 0.2 | N/A | 0.7 | -35.4% |
| United States | 9.8 | N/A | 0.3 | N/A | -82.5% |
| Turkey | 7.7 | 1.1 | 2.5 | N/A | -43.0% |
| Others | 12.3 | 0.1 | 0.5 | 0.1 | -79.9% |
| Total | 142 | 59.3 | 108 | 53.2 | -27.9% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Tanzania in 2022:
- South Africa (18.6 tons)
- United Kingdom (5.2 tons)
- India (2.7 tons)
- China (1.9 tons)
- United States (0.6 tons)
- United Arab Emirates (0.4 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Tanzania
In 2022, exports of soups and broths and preparations therefor; homogenised composite food preparationses from Tanzania surged to 139 tons, with an increase of 2,086% against the previous year. In general, exports showed 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 soups and broths and preparations therefor; homogenised composite food preparationses soared to $21K in 2022. Over the period under review, exports, however, saw a abrupt curtailment.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | N/A | N/A | N/A | 20.7 | 0% |
| Burundi | 39.5 | 2.8 | 2.1 | 0.1 | -86.4% |
| Others | N/A | 0.8 | 4.9 | 0.2 | -50.0% |
| Total | 39.5 | 3.6 | 6.9 | 21.0 | -19.0% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Tanzania in 2022:
- Democratic Republic of the Congo (138.5 tons)
- Burundi (0.1 tons)
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