Spices; Mixtures Price in Tanzania - 2022
Contents:
- Spices; Mixtures Price in Tanzania (CIF) - 2022
- Spices; Mixtures Price in Tanzania (FOB) - 2022
- Spices; Mixtures Imports in Tanzania
- Spices; Mixtures Exports in Tanzania
Spices; Mixtures Price in Tanzania (CIF) - 2022
In 2022, the average spices; mixtures import price amounted to $4,207 per ton, surging by 21% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spices; mixtures import price decreased by -9.3% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 45%. As a result, import price attained the peak level of $4,640 per ton. From 2020 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 ($5,880 per ton), while the price for India ($645 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Mixtures Price in Tanzania (FOB) - 2022
In 2022, the average spices; mixtures export price amounted to $22,220 per ton, picking up by 1,356% against the previous year. Over the period under review, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Zambia.
From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to +27.3% per year.
Spices; Mixtures Imports in Tanzania
In 2022, approx. 62 tons of spices; mixtureses were imported into Tanzania; with an increase of 74% compared with the previous year. In general, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 84% against the previous year. As a result, imports attained the peak of 90 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, spices; mixtures imports skyrocketed to $260K in 2022. Overall, imports enjoyed temperate growth.
| Import of Spices; Mixtures in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 124 | 137 | 32.2 | 188 | 14.9% |
| South Africa | 37.4 | 40.8 | 10.2 | 71.7 | 24.2% |
| United Arab Emirates | 6.2 | 2.1 | 1.1 | 0.3 | -63.6% |
| India | 6.4 | 3.7 | 2.5 | 0.1 | -75.0% |
| Pakistan | 29.7 | 206 | 74.2 | N/A | 58.1% |
| Others | 23.2 | 6.5 | 2.9 | N/A | -64.6% |
| Total | 227 | 396 | 123 | 260 | 4.6% |
Top Suppliers of Spices; Mixtures to Tanzania in 2022:
- Kenya (49.3 tons)
- South Africa (12.2 tons)
- United Arab Emirates (0.2 tons)
- India (0.1 tons)
Spices; Mixtures Exports in Tanzania
Spices; mixtures exports from Tanzania shrank remarkably to 177 kg in 2022, falling by -99% on the previous year. In general, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1,285%. As a result, the exports reached the peak of 18 tons, and then dropped rapidly in the following year.
In value terms, spices; mixtures exports contracted remarkably to $3.9K in 2022. Over the period under review, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 985% against the previous year. As a result, the exports reached the peak of $28K, and then reduced dramatically in the following year.
| Export of Spices; Mixtures in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 0.8 | 0.1 | 1.1 | 3.9 | 69.6% |
| Yemen | N/A | N/A | 1.7 | N/A | 0% |
| Kenya | N/A | N/A | 1.8 | N/A | 0% |
| Mozambique | 0.7 | 0.1 | 0.9 | N/A | 13.4% |
| Democratic Republic of the Congo | 13.8 | 1.4 | 10.7 | N/A | -11.9% |
| Others | 9.0 | 1.0 | 11.9 | N/A | 15.0% |
| Total | 24.3 | 2.6 | 28.0 | 3.9 | -45.7% |
Top Export Markets for Spices; Mixtures from Tanzania in 2022:
- Zambia (176.0 kg)
248
This report provides an in-depth analysis of the ginger market in Tanzania.
97
This report provides an in-depth analysis of the market for spices except pepper or ginger in Tanzania.
48
This report provides an in-depth analysis of the market for dog and cat food in Tanzania.
160
This report provides an in-depth analysis of the apricot market in Tanzania.
218
This report provides an in-depth analysis of the virgin olive oil market in Tanzania.
83
This report provides an in-depth analysis of the paint and varnish market in Tanzania.
107
This report provides an in-depth analysis of the olive oil market in Tanzania.
50
This report provides an in-depth analysis of the encased lead pencil market in Tanzania.
98
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Tanzania.
116
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Tanzania.
924
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1027
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
786
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7509
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8592
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1382
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7889
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
11871
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1624
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3390
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
