Price for Cereals; Grain Sorghum, Other than Seed in Tanzania - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Tanzania (FOB) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Tanzania (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in Tanzania
- Imports of Cereals; Grain Sorghum, Other than Seed in Tanzania
Price for Cereals; Grain Sorghum, Other than Seed in Tanzania (FOB) - 2022
In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $393 per ton, growing by 68% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($729 per ton), while the average price for exports to Uganda ($140 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 Kenya (+19.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereals; Grain Sorghum, Other than Seed in Tanzania (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $455 per ton in 2022, surging by 100% against the previous year. In general, the import price continues to indicate a noticeable increase. The growth pace was the most rapid in 2013 when the average import price increased by 102% against the previous year. The import price peaked at $670 per ton in 2016; however, from 2017 to 2022, 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 Russia ($502 per ton), while the price for Uganda ($209 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+270.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereals; Grain Sorghum, Other than Seed in Tanzania
In 2022, after three years of growth, there was significant decline in shipments abroad of cereals; grain sorghum, other than seeds, when their volume decreased by -6.4% to 26K tons. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 219%.
In value terms, exports of cereals; grain sorghum, other than seeds soared to $10M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 208% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Cereals; Grain Sorghum, Other than Seed in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 0.5 | 0.2 | 0.3 | 3.7 | 94.9% |
| South Sudan | N/A | N/A | 3.2 | 3.6 | 12.5% |
| Burundi | 0.1 | 0.2 | 0.1 | 2.7 | 200.0% |
| China | N/A | N/A | N/A | 0.2 | 0% |
| Uganda | N/A | 1.9 | 1.8 | 0.1 | -77.1% |
| Sudan | N/A | N/A | 1.0 | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.7 | 2.3 | 6.6 | 10.3 | 145.0% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Tanzania in 2022:
- Kenya (10.9K tons)
- South Sudan (10.6K tons)
- Burundi (3.8K tons)
- China (0.5K tons)
- Uganda (0.5K tons)
Imports of Cereals; Grain Sorghum, Other than Seed in Tanzania
In 2022, imports of cereals; grain sorghum, other than seeds into Tanzania skyrocketed to 10K tons, rising by 539% compared with 2021. In general, imports posted 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 cereals; grain sorghum, other than seeds surged to $4.7M in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Grain Sorghum, Other than Seed in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 3,864 | 0% |
| Russia | N/A | N/A | N/A | 784 | 0% |
| Uganda | 306 | 371 | 347 | 65.8 | -40.1% |
| Malawi | 6.2 | 9.4 | 21.8 | 22.0 | 52.5% |
| Others | 7.4 | 4.9 | 2.9 | N/A | -37.4% |
| Total | 319 | 385 | 371 | 4,735 | 145.8% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Tanzania in 2022:
- Australia (8.4K tons)
- Russia (1.6K tons)
- Uganda (0.3K tons)
- Malawi (0.1K tons)
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