Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Tanzania - 2022

Contents:

  1. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Tanzania (CIF) - 2022
  2. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Tanzania (FOB) - 2022
  3. Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Tanzania
  4. Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Tanzania

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Tanzania (CIF) - 2022

In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $36,750 per ton, falling by -10% against the previous year. Overall, the import price showed a pronounced reduction. The pace of growth appeared the most rapid in 2014 an increase of 110%. The import price peaked at $51,559 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +27.1% per year.

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Tanzania (FOB) - 2022

In 2022, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $32,984 per ton, with a decrease of -2.8% against the previous year. In general, the export price, however, enjoyed strong growth. The growth pace was the most rapid in 2020 when the average export price increased by 129% against the previous year. The export price peaked at $33,935 per ton in 2021, and then reduced slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +22.5% per year.

Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Tanzania

In 2022, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into Tanzania dropped remarkably to 16 kg, with a decrease of -85% compared with the previous year's figure. In general, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 296%. As a result, imports attained the peak of 107 kg, and then fell rapidly in the following year.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses reduced notably to $588 in 2022. Over the period under review, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 241%.

Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India40.014.055.0588145.0%
China91.020.038.0N/A-35.4%
BelgiumN/A239N/AN/A0%
Germany2,0276402,916N/A19.9%
United Kingdom1,098265622N/A-24.7%
United Arab Emirates99.048.0429N/A108.2%
South Africa11412.033.0N/A-46.2%
Others1,66842.0275N/A-59.4%
Total5,1371,2804,368588-51.4%

Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Tanzania in 2022:

  1. India (16.0 kg)

Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Tanzania

In 2022, overseas shipments of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses increased by 33% to 61 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp decrease.

In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses surged to $2K in 2022. Over the period under review, exports, however, recorded a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 44% against the previous year.

Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A0.50.81.041.4%
Tunisia4.7N/AN/AN/A0%
OthersN/A0.50.81.041.4%
Total4.71.11.62.0-24.8%

Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Tanzania in 2022:

  1. Netherlands (31.0 kg)

Source: IndexBox Market Intelligence Platform

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