Onion Price in Tanzania - 2023
Contents:
- Onion Price in Tanzania (FOB) - 2022
- Onion Price in Tanzania (CIF) - 2022
- Onion Exports in Tanzania
- Onion Imports in Tanzania
Onion Price in Tanzania (FOB) - 2022
The average onion export price stood at $95 per ton in 2022, which is down by -21.2% against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 223% against the previous year. The export price peaked at $229 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +5.6% per year.
Onion Price in Tanzania (CIF) - 2022
In 2022, the average onion import price amounted to $340 per ton, with an increase of 18% against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54% against the previous year. The import price peaked at $440 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 South Africa ($562 per ton), while the price for Turkey ($304 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-0.2%), while the prices for the other major suppliers experienced a decline.
Onion Exports in Tanzania
In 2022, overseas shipments of onions (dry) decreased by -50.3% to 15K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when exports increased by 37%. As a result, the exports attained the peak of 29K tons, and then dropped remarkably in the following year.
In value terms, onion exports declined markedly to $1.4M in 2022. In general, exports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 76% against the previous year.
Export of Onion in Tanzania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uganda | 1.5 | 2.6 | 3.4 | 1.3 | -4.7% |
Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
Total | 1.5 | 2.7 | 3.5 | 1.4 | -2.3% |
Top Export Markets for Onion from Tanzania in 2022:
- Uganda (14.4K tons)
Onion Imports in Tanzania
Onion imports into Tanzania surged to 204 tons in 2022, jumping by 38% compared with 2021. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 255%. As a result, imports reached the peak of 470 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, onion imports surged to $69K in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 192%. As a result, imports reached the peak of $113K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Onion in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | N/A | 52.7 | 0% |
South Africa | 14.4 | 15.8 | 20.0 | 16.2 | 4.0% |
Malawi | 12.8 | N/A | N/A | N/A | 0% |
India | 9.7 | 28.9 | 22.2 | N/A | 51.3% |
Zambia | N/A | 12.3 | N/A | N/A | 0% |
Egypt | N/A | 55.5 | N/A | N/A | 0% |
Others | 1.7 | N/A | 0.6 | 0.5 | -33.5% |
Total | 38.6 | 113 | 42.7 | 69.4 | 21.6% |
Top Suppliers of Onion to Tanzania in 2022:
- Turkey (173.7 tons)
- South Africa (28.8 tons)
- Egypt (0.1 tons)
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