Tanzania: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Tanzania

The Tanzanian food manufacture machinery market dropped markedly to $X in 2022, declining by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a deep setback. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Food Manufacture Machinery Exports

Exports from Tanzania

In 2022, after five years of growth, there was significant decline in overseas shipments of machinery for the preparation or manufacture of food or drink, when their volume decreased by X% to X units. Over the period under review, exports saw a noticeable slump. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then declined markedly in the following year.

In value terms, food manufacture machinery exports dropped sharply to $X in 2022. Overall, exports showed a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X units), Uganda (X units) and the United States (X units) were the main destinations of food manufacture machinery exports from Tanzania, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for food manufacture machinery exported from Tanzania were Zambia ($X), Democratic Republic of the Congo ($X) and Kenya ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Democratic Republic of the Congo, with a CAGR of X.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average food manufacture machinery export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X.1%), while the prices for the other major destinations experienced mixed trend patterns.

Food Manufacture Machinery Imports

Imports into Tanzania

In 2022, the amount of machinery for the preparation or manufacture of food or drink imported into Tanzania shrank rapidly to X units, falling by X% against the previous year's figure. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, food manufacture machinery imports fell notably to $X in 2022. In general, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of food manufacture machinery to Tanzania, with a X% share of total imports. Moreover, food manufacture machinery imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), more than tenfold. Mauritius (X units) ranked third in terms of total imports with a X% share.

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: Hong Kong SAR (X% per year) and Mauritius (X% per year).

In value terms, China ($X) constituted the largest supplier of machinery for the preparation or manufacture of food or drink to Tanzania, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

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

Import Prices by Country

In 2022, the average food manufacture machinery import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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 India ($X per unit), while the price for Mauritius ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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