Report Update: May 1, 2024

Tanzania - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Rapeseed Oil Price in Tanzania - 2021

Rapeseed Oil Price in Tanzania (FOB) - 2022

In 2022, the average rapeseed oil export price amounted to $350 per ton, which is down by -93% against the previous year. Over the period under review, the export price showed a abrupt decrease. The growth pace was the most rapid in 2016 an increase of 617% against the previous year. As a result, the export price attained the peak level of $5,281 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to 0.0% per year.

Rapeseed Oil Price in Tanzania (CIF) - 2022

The average rapeseed oil import price stood at $333 per ton in 2022, declining by -39.4% against the previous year. Over the period under review, the import price faced a abrupt decline. The pace of growth appeared the most rapid in 2019 an increase of 67% against the previous year. The import price peaked at $1,757 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,010 per ton), while the price for 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 attained by the United Arab Emirates (-2.9%), while the prices for the other major suppliers experienced a decline.

Rapeseed Oil Exports in Tanzania

In 2022, overseas shipments of rapeseed oil decreased by -97.5% to 594 kg for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 86,963% against the previous year. As a result, the exports reached the peak of 24 tons, and then reduced sharply in the following year.

In value terms, rapeseed oil exports dropped sharply to $208 in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 104,204% against the previous year. As a result, the exports attained the peak of $118K, and then contracted remarkably in the following year.

Export of Rapeseed Oil in Tanzania (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Poland	N/A	N/A	0.1	0%
Kenya	N/A	118	N/A	0%
Democratic Republic of the Congo	N/A	0.1	N/A	0%
Others	0.1	0.1	0.1	0.0%
Total	0.1	118	0.2	41.4%

Top Export Markets for Rapeseed Oil from Tanzania in 2022:

Poland (295.0 kg)

Rapeseed Oil Imports in Tanzania

Rapeseed oil imports into Tanzania surged to 27 tons in 2022, picking up by 57% on 2021. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 71%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, rapeseed oil imports shrank to $9K in 2022. Overall, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 136%. As a result, imports reached the peak of $18K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Rapeseed Oil in Tanzania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	0.7	1.0	1.9	6.2	106.9%
Democratic Republic of the Congo	N/A	N/A	N/A	1.5	0%
United Arab Emirates	5.6	4.5	2.0	0.9	-45.6%
China	N/A	0.1	0.1	0.2	41.4%
United Kingdom	0.3	0.1	0.3	0.1	-30.7%
Malawi	N/A	N/A	0.8	N/A	0%
Uganda	N/A	9.0	N/A	N/A	0%
Ukraine	N/A	N/A	3.7	N/A	0%
Others	0.8	2.8	0.6	0.2	-37.0%
Total	7.4	17.6	9.4	9.0	6.7%

Top Suppliers of Rapeseed Oil to Tanzania in 2022:

India (14.9 tons)
Democratic Republic of the Congo (10.0 tons)
United Arab Emirates (0.9 tons)
China (0.5 tons)
United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rapeseed oil market in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 271 - Oil of Rapeseed or Canola oil

Country coverage:

Tanzania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Tanzania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023