Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Tanzania - 2022

Contents:

1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Tanzania (CIF) - 2022
2. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Tanzania (FOB) - 2022
3. Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Tanzania
4. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Tanzania

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Tanzania (CIF) - 2022

In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $893 per ton, with a decrease of -50.1% against the previous year. In general, the import price, however, showed a temperate increase. The pace of growth was the most pronounced in 2021 an increase of 278% against the previous year. As a result, import price reached the peak level of $1,789 per ton, and then plummeted in the following year.

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 China ($1,084 per ton), while the price for the United Arab Emirates ($709 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Tanzania (FOB) - 2022

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $556 per ton in 2022, with an increase of 23% against the previous year. Overall, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 174%. Over the period under review, the average export prices attained the maximum at $1,462 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($558 per ton), while the average price for exports to Oman stood at $222 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+23.5%).

Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Tanzania

Imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 into Tanzania dropped dramatically to 1.5 tons in 2022, waning by -46.4% on the previous year's figure. Over the period under review, imports continue to indicate a sharp slump.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 fell remarkably to $1.3K in 2022. In general, imports faced a precipitous setback. The smallest decline of -54% was in 2020.

Top Suppliers of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 to Tanzania in 2022:

1. Malaysia (864.0 kg)
2. China (455.0 kg)
3. United Arab Emirates (165.0 kg)

Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Tanzania

Exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Tanzania skyrocketed to 7.7 tons in 2022, rising by 189% against 2021 figures. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 skyrocketed to $4.3K in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 318%. As a result, the exports attained the peak of $7.3K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 from Tanzania in 2022:

1. Germany (7.6 tons)

Source: IndexBox Market Intelligence Platform