Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Tanzania - 2022

Contents:

  1. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Tanzania (FOB) - 2022
  2. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Tanzania (CIF) - 2022
  3. Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Tanzania
  4. Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Tanzania

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Tanzania (FOB) - 2022

In 2022, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $5,557 per ton, waning by -4.9% against the previous year. Over the period under review, the export price showed a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 24% against the previous year. The export price peaked at $8,626 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($6,856 per ton), while the average price for exports to Iran ($519 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 China (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Tanzania (CIF) - 2022

In 2022, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $625 per ton, which is down by -86.5% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 91%. Over the period under review, average import prices reached the peak figure at $7,070 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +9.1% per year.

Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Tanzania

In 2022, overseas shipments of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -44.1% to 1.4K tons, falling for the second year in a row after two years of growth. Overall, exports, however, showed measured growth. The pace of growth appeared the most rapid in 2020 with an increase of 236%. As a result, the exports attained the peak of 4.1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds declined dramatically to $7.8M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 248% against the previous year. As a result, the exports reached the peak of $27M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/A2,0273,2931,439-15.7%
Egypt2.88711,6731,313676.9%
Netherlands1960.61,9931,02173.3%
Turkey2461,1109.162736.6%
United Arab Emirates7722,317558486-14.3%
Belgium2186221,19648430.5%
KuwaitN/A462235375-9.9%
Democratic Republic of the CongoN/AN/AN/A2840%
China503N/A414266-19.1%
LebanonN/AN/AN/A2450%
OmanN/AN/A2.223810718.2%
Kenya19287.72112245.3%
IranN/AN/A21420.6-90.4%
Others5,60719,3904,861766-48.5%
Total7,73626,88814,6607,7880.2%

Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Tanzania in 2022:

  1. Egypt (290.6 tons)
  2. Slovenia (209.9 tons)
  3. Netherlands (154.8 tons)
  4. United Arab Emirates (98.8 tons)
  5. Turkey (93.7 tons)
  6. Belgium (77.1 tons)
  7. Kuwait (72.6 tons)
  8. Oman (55.4 tons)
  9. Lebanon (50.1 tons)
  10. China (47.9 tons)
  11. Democratic Republic of the Congo (47.0 tons)
  12. Kenya (40.1 tons)
  13. Iran (39.7 tons)

Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Tanzania

After three years of growth, purchases abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -99% to 8 kg in 2022. Overall, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 33%.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped notably to $5 in 2022. In general, imports faced a sharp reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 59% against the previous year. As a result, imports attained the peak of $5.1K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'IvoireN/AN/AN/AN/A0%
United Arab Emirates3.25.13.4N/A3.1%
OthersN/AN/A0.2N/A0%
Total3.25.13.6N/A6.1%

Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Tanzania in 2022:

  1. Cote d'Ivoire (8.0 kg)

Source: IndexBox Market Intelligence Platform

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