Tanzania: Pyrethrum And Peppermint Market 2024

Pyrethrum And Peppermint Market Size in Tanzania

The Tanzanian pyrethrum and peppermint market contracted remarkably to $X in 2022, declining by X% against the previous year. Overall, consumption saw a abrupt downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Pyrethrum And Peppermint Production in Tanzania

In value terms, pyrethrum and peppermint production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep slump. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Pyrethrum And Peppermint Exports

Exports from Tanzania

Pyrethrum and peppermint exports from Tanzania skyrocketed to X tons in 2022, with an increase of X% on 2021 figures. Over the period under review, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, pyrethrum and peppermint exports surged to $X in 2022. Overall, exports, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Kenya (X tons), Rwanda (X tons) and Thailand (X tons) were the main destinations of pyrethrum and peppermint exports from Tanzania, with a combined X% share of total exports. China, Uganda and India lagged somewhat behind, together comprising a further X%.

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

In value terms, Rwanda ($X), Kenya ($X) and Thailand ($X) constituted the largest markets for pyrethrum and peppermint exported from Tanzania worldwide, with a combined X% share of total exports. China, Uganda and India lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Uganda, with a CAGR of X%, 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 pyrethrum and peppermint export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Thailand ($X 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 Thailand (X%), while the prices for the other major destinations experienced a decline.

Pyrethrum And Peppermint Imports

Imports into Tanzania

In 2022, the amount of pyrethrum and peppermint imported into Tanzania soared to X tons, increasing by X% compared with the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, pyrethrum and peppermint imports skyrocketed to $X in 2022. Overall, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Democratic Republic of the Congo (X tons), Australia (X tons) and the United Arab Emirates (X tons) were the main suppliers of pyrethrum and peppermint imports to Tanzania, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pyrethrum and peppermint suppliers to Tanzania were Australia ($X), Democratic Republic of the Congo ($X) and the United Arab Emirates ($X), together accounting for X% of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pyrethrum and peppermint import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price recorded a noticeable expansion. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :