Price for Cereals; Barley, Other than Seed in Tanzania - 2023
Contents:
- Price for Cereals; Barley, Other than Seed in Tanzania (FOB) - 2022
- Price for Cereals; Barley, Other than Seed in Tanzania (CIF) - 2022
- Exports of Cereals; Barley, Other than Seed in Tanzania
- Imports of Cereals; Barley, Other than Seed in Tanzania
Price for Cereals; Barley, Other than Seed in Tanzania (FOB) - 2022
The average export price for cereals; barley, other than seeds stood at $76 per ton in 2022, with a decrease of -4.1% against the previous year. In general, the export price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 38%. As a result, the export price attained the peak level of $123 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($76 per ton), while the average price for exports to Kenya totaled $61 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+16.7%).
Price for Cereals; Barley, Other than Seed in Tanzania (CIF) - 2022
In 2022, the average import price for cereals; barley, other than seeds amounted to $183 per ton, with a decrease of -62.9% against the previous year. In general, the import price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 82%. As a result, import price reached the peak level of $1,421 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 Zambia ($221 per ton), while the price for Uganda ($41 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+25.5%), while the prices for the other major suppliers experienced a decline.
Exports of Cereals; Barley, Other than Seed in Tanzania
In 2022, approx. 2.5K tons of cereals; barley, other than seeds were exported from Tanzania; picking up by 22% against 2021. Over the period under review, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2021 with an increase of 562% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, cereals; barley, other than seed exports soared to $191K in 2022. In general, exports, however, saw a slight reduction. The pace of growth appeared the most rapid in 2021 with an increase of 358% against the previous year.
| Export of Cereals; Barley, Other than Seed in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 97.2 | 16.3 | 80.0 | 182 | 23.3% |
| Kenya | 3.5 | 2.9 | 2.7 | 9.0 | 37.0% |
| Others | 97.2 | 16.3 | 80.0 | N/A | -9.3% |
| Total | 198 | 35.5 | 163 | 191 | -1.2% |
Top Export Markets for Cereals; Barley, Other than Seed from Tanzania in 2022:
- Uganda (2.4K tons)
- Kenya (0.1K tons)
Imports of Cereals; Barley, Other than Seed in Tanzania
In 2022, after three years of growth, there was significant decline in supplies from abroad of cereals; barley, other than seeds, when their volume decreased by -90.2% to 60 tons. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 204%.
In value terms, cereals; barley, other than seed imports declined markedly to $11K in 2022. In general, imports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 72% against the previous year.
| Import of Cereals; Barley, Other than Seed in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 10.0 | 46.9 | 67.8 | 8.1 | -6.8% |
| Kenya | 80.5 | 165 | 99.2 | 2.7 | -67.8% |
| Uganda | N/A | N/A | 18.2 | 0.2 | -98.9% |
| Others | 33.7 | 1.9 | 118 | N/A | 87.1% |
| Total | 124 | 214 | 304 | 11.1 | -55.3% |
Top Suppliers of Cereals; Barley, Other than Seed to Tanzania in 2022:
- Zambia (36.7 tons)
- Kenya (18.3 tons)
- Uganda (5.3 tons)
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