Report Update May 1, 2024

Tanzania - Industrial Monocarboxylic Fatty Acids - Market Analysis, Forecast, Size, Trends and Insights

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Tanzania: Market for Industrial Monocarboxylic Fatty Acids 2024

Market Size for Industrial Monocarboxylic Fatty Acids in Tanzania

After five years of growth, the Tanzanian industrial monocarboxylic fatty acids market decreased by X% to $X in 2022. In general, consumption, however, enjoyed resilient growth. Over the period under review, the market hit record highs at $X in 2021, and then shrank remarkably in the following year.

Exports of Industrial Monocarboxylic Fatty Acids

Exports from Tanzania

In 2022, approx. X tons of industrial monocarboxylic fatty acids were exported from Tanzania; declining by X% against the previous year. Over the period under review, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, industrial monocarboxylic fatty acids exports dropped remarkably to $X in 2022. In general, exports recorded a pronounced descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Rwanda (X tons) was the main destination for industrial monocarboxylic fatty acids exports from Tanzania, with a X% share of total exports. Moreover, industrial monocarboxylic fatty acids exports to Rwanda exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Rwanda was relatively modest.

In value terms, Rwanda ($X) emerged as the key foreign market for industrial monocarboxylic fatty acids exports from Tanzania, comprising X% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Rwanda was relatively modest.

Export Prices by Country

The average industrial monocarboxylic fatty acids export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price saw a perceptible expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Democratic Republic of the Congo amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Monocarboxylic Fatty Acids

Imports into Tanzania

In 2022, after five years of growth, there was significant decline in supplies from abroad of industrial monocarboxylic fatty acids, when their volume decreased by X% to X tons. In general, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced rapidly in the following year.

In value terms, industrial monocarboxylic fatty acids imports dropped to $X in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest industrial monocarboxylic fatty acids supplier to Tanzania, with a X% share of total imports. Moreover, industrial monocarboxylic fatty acids imports from Malaysia exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and South Africa (X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of industrial monocarboxylic fatty acids to Tanzania, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Malaysia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and South Africa (X% per year).

Import Prices by Country

The average industrial monocarboxylic fatty acids import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price saw a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Malaysia ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial monocarboxylic fatty acids in the world?

China remains the largest industrial monocarboxylic fatty acids consuming country worldwide, comprising approx. 22% of total volume. Moreover, industrial monocarboxylic fatty acids consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7% share.

What are the largest producers of industrial monocarboxylic fatty acids in the world?

The countries with the highest volumes of production in 2022 were Indonesia, China and the United States, with a combined 42% share of global production.

What are the leading suppliers of industrial monocarboxylic fatty acids to Tanzania?

In value terms, Malaysia constituted the largest supplier of industrial monocarboxylic fatty acids to Tanzania, comprising 83% of total imports. The second position in the ranking was held by Indonesia, with a 15% share of total imports.

What are the leading importers of industrial monocarboxylic fatty acids from Tanzania?

In value terms, Rwanda emerged as the key foreign market for industrial monocarboxylic fatty acids exports from Tanzania, comprising 91% of total exports. The second position in the ranking was held by Democratic Republic of the Congo, with an 8.5% share of total exports.

What is the average export price for industrial monocarboxylic fatty acids in Tanzania?

In 2022, the average industrial monocarboxylic fatty acids export price amounted to $1,264 per ton, picking up by 39% against the previous year.

What is the average import price for industrial monocarboxylic fatty acids in Tanzania?

In 2022, the average industrial monocarboxylic fatty acids import price amounted to $1,602 per ton, rising by 78% against the previous year.

This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids 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 20143195 - Industrial monocarboxylic fatty acids distilled (excluding stearic, oleic tall oil)
Prodcom 20143197 - Industrial monocarboxylic fatty acids (excluding stearic, oleic, t all oil, distilled)

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