Tanzania - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVirgin Olive Oil Price in Tanzania - 2021
Contents:
- Virgin Olive Oil Price in Tanzania (CIF) - 2022
- Virgin Olive Oil Price in Tanzania (FOB) - 2022
- Virgin Olive Oil Imports in Tanzania
- Virgin Olive Oil Exports in Tanzania
Virgin Olive Oil Price in Tanzania (CIF) - 2022
In 2022, the average virgin olive oil import price amounted to $3,759 per ton, shrinking by -2.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 34% against the previous year. The import price peaked at $4,018 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Tunisia ($5,748 per ton), while the price for South Africa ($1,827 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+15.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Virgin Olive Oil Price in Tanzania (FOB) - 2022
The average virgin olive oil export price stood at $5,531 per ton in 2022, with an increase of 10% against the previous year. In general, the export price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2016 an increase of 82% against the previous year. The export price peaked at $7,877 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($45,167 per ton), while the average price for exports to Rwanda ($1,218 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 Oman (+55.4%), while the prices for the other major destinations experienced more modest paces of growth.
Virgin Olive Oil Imports in Tanzania
In 2022, approx. 123 tons of virgin olive oil were imported into Tanzania; declining by -37.5% compared with 2021. Over the period under review, imports faced a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 315% against the previous year. As a result, imports reached the peak of 197 tons, and then reduced sharply in the following year.
In value terms, virgin olive oil imports shrank dramatically to $463K in 2022. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 350%. As a result, imports reached the peak of $757K, and then shrank dramatically in the following year.
| Import of Virgin Olive Oil in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 168 | 40.7 | 221 | 107 | -14.0% |
| Tunisia | N/A | 7.8 | 56.2 | 65.6 | 190.0% |
| United Arab Emirates | 2.4 | 0.5 | 1.8 | 56.7 | 186.9% |
| Spain | 104 | 9.1 | 88.1 | 42.6 | -25.7% |
| Kenya | 61.1 | 11.4 | 38.9 | 19.7 | -31.4% |
| Turkey | 5.3 | 4.4 | 15.9 | 7.7 | 13.3% |
| United Kingdom | 15.3 | 2.6 | 13.5 | 6.5 | -24.8% |
| South Africa | 3.3 | 3.7 | 3.5 | 3.1 | -2.1% |
| Others | 363 | 88.2 | 319 | 154 | -24.9% |
| Total | 722 | 168 | 757 | 463 | -13.8% |
Top Suppliers of Virgin Olive Oil to Tanzania in 2022:
- Italy (31.2 tons)
- United Arab Emirates (20.8 tons)
- Spain (14.7 tons)
- Tunisia (11.4 tons)
- Kenya (5.8 tons)
- Turkey (3.5 tons)
- South Africa (1.7 tons)
- United Kingdom (1.2 tons)
Virgin Olive Oil Exports in Tanzania
After two years of decline, overseas shipments of virgin olive oil increased by 6.6% to 81 kg in 2022. Overall, exports, however, continue to indicate a drastic downturn.
In value terms, virgin olive oil exports soared to $448 in 2022. Over the period under review, exports, however, continue to indicate a abrupt downturn.
| Export of Virgin Olive Oil in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 345 | 218 | 199 | 271 | -7.7% |
| Burundi | 26.0 | 110 | 82.0 | 94.0 | 53.5% |
| Rwanda | 174 | 141 | 83.0 | 67.0 | -27.2% |
| Others | 49.0 | 43.0 | 18.0 | 16.0 | -31.1% |
| Total | 594 | 512 | 382 | 448 | -9.0% |
Top Export Markets for Virgin Olive Oil from Tanzania in 2022:
- Rwanda (55.0 kg)
- Burundi (18.0 kg)
- South Africa (6.0 kg)
This report provides an in-depth analysis of the virgin olive 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 261 - Oil of Olives, Virgin
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the virgin olive oil market in Tanzania.
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This report provides an in-depth analysis of the olive oil market in Tanzania.
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This report provides an in-depth analysis of the virgin olive oil market in Tanzania.
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This report provides an in-depth analysis of the olive oil market in Tanzania.
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This report provides an in-depth analysis of the refined olive oil market in Tanzania.
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Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
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The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
3396
In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.
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Global virgin olive oil consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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In 2015, the country with the largest volume of the virgin olive oil output was Spain (X thousand tons), accounting for X% of global production.
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Spain continued its dominance in the global olive oil trade. In 2014, Spain exported X thousand tons of olive oil totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total oliv
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The olive oil industry, connected, as it is, to a product that has long been acknowledged to contain extraordinary health properties, has always thrived in the countries of the Mediterranean region. The Omega-X monounsaturated fatty acids and antioxida
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Discover the top import markets for virgin olive oil and their importance in the global market. Italy, the United States, Spain, France, and Brazil lead the way, driven by culinary culture and health-conscious consumers.
737
The global virgin olive oil market revenue amounted to $15.2B in 2018, picking up by 1.7% against the previous year. This ...
3396
In 2017, approx. X tons of virgin olive oil was consumed worldwide, a decline of -X% against the previous year.
