Report Update Apr 1, 2024

Tanzania - Anchovies (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Tanzania: Preserved Anchovies Market 2024

Preserved Anchovies Market Size in Tanzania

The Tanzanian preserved anchovies market shrank modestly to $X in 2022, dropping by X% against the previous year. In general, consumption saw strong growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Preserved Anchovies Production in Tanzania

In value terms, preserved anchovies production declined slightly to $X in 2022 estimated in export price. In general, production showed a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Preserved Anchovies Exports

Exports from Tanzania

Preserved anchovies exports from Tanzania surged to X kg in 2022, picking up by X% compared with 2021. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved anchovies exports skyrocketed to $X in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Djibouti (X kg) was the main destination for preserved anchovies exports from Tanzania, with a approx. X% share of total exports.

From 2021 to 2022, the average annual growth rate of volume to Djibouti was relatively modest.

In value terms, Djibouti ($X) emerged as the key foreign market for anchovies (prepared or preserved) exports from Tanzania.

From 2021 to 2022, the average annual rate of growth in terms of value to Djibouti was relatively modest.

Export Prices by Country

The average preserved anchovies export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price continues to indicate a precipitous setback. The export price peaked at $X per ton in 2021, and then reduced remarkably in the following year.

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

From 2021 to 2022, the rate of growth in terms of prices for Oman amounted to X% per year.

Preserved Anchovies Imports

Imports into Tanzania

In 2022, preserved anchovies imports into Tanzania surged to X kg, increasing by X% on 2021 figures. Overall, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, preserved anchovies imports soared to $X in 2022. Over the period under review, imports, however, saw a slight contraction. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X kg) constituted the largest preserved anchovies supplier to Tanzania, with a X% share of total imports. Moreover, preserved anchovies imports from China exceeded the figures recorded by the second-largest supplier, the UK (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the United Arab Emirates (X% per year).

In value terms, the UK ($X) constituted the largest supplier of anchovies (prepared or preserved) to Tanzania, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average preserved anchovies import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X 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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for anchovies (prepared or preserved) in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together accounting for 28% of global consumption. Pakistan, Germany, Japan, Russia, Nigeria, Brazil, Bangladesh, Indonesia, the UK and Mexico lagged somewhat behind, together comprising a further 26%.

What are the largest producers of anchovies (prepared or preserved) in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, with a combined 28% share of global production. Pakistan, Germany, Japan, Russia, Brazil, Nigeria, Indonesia, Bangladesh, the UK and Mexico lagged somewhat behind, together accounting for a further 26%.

What are the leading suppliers of anchovies (prepared or preserved) to Tanzania?

In value terms, the UK $532) constituted the largest supplier of anchovies prepared or preserved) to Tanzania, comprising 68% of total imports. The second position in the ranking was held by the United Arab Emirates $130), with a 17% share of total imports.

What are the leading importers of anchovies (prepared or preserved) from Tanzania?

In value terms, Djibouti $640) emerged as the key foreign market for anchovies prepared or preserved) exports from Tanzania.

What is the average export price for anchovies (prepared or preserved) in Tanzania?

In 2022, the average preserved anchovies export price amounted to $5,000 per ton, declining by -25.1% against the previous year.

What is the average import price for anchovies (prepared or preserved) in Tanzania?

The average preserved anchovies import price stood at $1,279 per ton in 2022, reducing by -83.4% against the previous year.

This report provides an in-depth analysis of the preserved anchovies 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:

Prodcom 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)

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