Price for Buckwheat, Millet and Canary Seed; Other Cereals in Tanzania - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Tanzania (FOB) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Tanzania (CIF) - 2022
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Tanzania
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Tanzania
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Tanzania (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $166 per ton, reducing by -40.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 61%. As a result, the export price reached the peak level of $309 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Kenya ($179 per ton) and the United States ($131 per ton), while the average price for exports to Uganda ($129 per ton) and Italy ($131 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+10.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Tanzania (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $121 per ton in 2022, which is down by -58.8% against the previous year. In general, the import price recorded a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 1,200%. As a result, import price attained the peak level of $1,973 per ton. From 2019 to 2022, the average 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 South Africa ($1,415 per ton), while the price for Pakistan ($90 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+35.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Tanzania
In 2022, after three years of growth, there was significant decline in overseas shipments of buckwheat, millet and canary seed; other cerealses, when their volume decreased by -23% to 9.6K tons. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 223% against the previous year. As a result, the exports attained the peak of 12K tons, and then declined remarkably in the following year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses declined notably to $1.6M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 277% against the previous year.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 247 | 594 | 2,505 | 1,151 | 67.0% |
| Uganda | 7.2 | 12.4 | 743 | 268 | 233.9% |
| United States | N/A | N/A | N/A | 65.6 | 0% |
| Italy | N/A | N/A | N/A | 65.5 | 0% |
| Burundi | 60.7 | 581 | N/A | N/A | 857.2% |
| Others | N/A | N/A | 208 | 38.0 | -81.7% |
| Total | 315 | 1,187 | 3,455 | 1,589 | 71.5% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Tanzania in 2022:
- Kenya (6.4K tons)
- Uganda (2.1K tons)
- United States (0.5K tons)
- Italy (0.5K tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Tanzania
In 2022, the amount of buckwheat, millet and canary seed; other cerealses imported into Tanzania surged to 785 tons, rising by 184% on the previous year's figure. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of buckwheat, millet and canary seed; other cerealses soared to $95K in 2022. The total import value increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | N/A | 44.0 | 41.8 | -5.0% |
| India | N/A | N/A | 12.6 | 34.7 | 175.4% |
| Malawi | N/A | 0.1 | N/A | 14.9 | 1120.7% |
| Vietnam | N/A | N/A | 15.1 | N/A | 0% |
| Russia | 67.9 | 73.6 | N/A | N/A | 8.4% |
| Others | 1.8 | 1.6 | 9.6 | 3.5 | 24.8% |
| Total | 69.7 | 75.3 | 81.4 | 95.0 | 10.9% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Tanzania in 2022:
- Pakistan (465.2 tons)
- India (169.4 tons)
- Malawi (150.0 tons)
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