Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Tanzania - 2022
Contents:
- Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Tanzania (FOB) - 2022
- Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Tanzania (CIF) - 2022
- Exports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Tanzania
- Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Tanzania
Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Tanzania (FOB) - 2022
In 2022, the average export price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $2,700 per ton, declining by -5.9% against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2014 an increase of 12% against the previous year. The export price peaked at $2,869 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($3,949 per ton), while the average price for exports to Kenya ($244 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 Uganda (+1.7%), while the prices for the other major destinations experienced a decline.
Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Tanzania (CIF) - 2022
The average import price for ground-nuts; in shell, not roasted or otherwise cooked stood at $971 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2013 an increase of 51% against the previous year. The import price peaked at $971 per ton in 2021, and then fell modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Malawi.
From 2012 to 2022, the rate of growth in terms of prices for Malawi amounted to +2.8% per year.
Exports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Tanzania
In 2022, shipments abroad of ground-nuts; in shell, not roasted or otherwise cooked was finally on the rise to reach 501 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt setback.
In value terms, exports of ground-nuts; in shell, not roasted or otherwise cooked amounted to $1.4M in 2022. Overall, exports, however, saw a noticeable reduction.
| Export of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 1,403 | 1,314 | 1,224 | 1,297 | -2.6% |
| Kenya | 83.9 | 62.7 | 46.7 | 39.5 | -22.2% |
| Indonesia | 47.8 | 29.8 | 18.5 | 13.1 | -35.0% |
| Others | 8.1 | 5.3 | 3.4 | 2.5 | -32.4% |
| Total | 1,542 | 1,412 | 1,292 | 1,352 | -4.3% |
Top Export Markets for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked from Tanzania in 2022:
- Uganda (328.4 tons)
- Kenya (162.1 tons)
- Indonesia (8.4 tons)
Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Tanzania
In 2022, supplies from abroad of ground-nuts; in shell, not roasted or otherwise cooked was finally on the rise to reach 7.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep slump.
In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked stood at $7.3K in 2022. Over the period under review, imports, however, saw a drastic downturn.
| Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malawi | 10.2 | 8.1 | 6.5 | 7.3 | -10.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.2 | 8.1 | 6.5 | 7.3 | -10.6% |
Top Suppliers of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked to Tanzania in 2022:
- Malawi (7.5 tons)
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