Price for Pectic Substances; Pectinates and Pectates in Tanzania - 2022

Contents:

1. Price for Pectic Substances; Pectinates and Pectates in Tanzania (FOB) - 2022
2. Price for Pectic Substances; Pectinates and Pectates in Tanzania (CIF) - 2022
3. Exports of Pectic Substances; Pectinates and Pectates in Tanzania
4. Imports of Pectic Substances; Pectinates and Pectates in Tanzania

Price for Pectic Substances; Pectinates and Pectates in Tanzania (FOB) - 2022

In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $9,339 per ton, falling by -3.2% against the previous year. Overall, the export price continues to indicate a sharp downturn. Over the period under review, the average export prices reached the maximum at $17,107 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2020 to 2022, the rate of growth in terms of prices for Uganda amounted to -3.2% per year.

Price for Pectic Substances; Pectinates and Pectates in Tanzania (CIF) - 2022

In 2022, the average import price for pectic substances; pectinates and pectateses amounted to $10,726 per ton, falling by -12.2% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 29% against the previous year. The import price peaked at $15,821 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($13,942 per ton), while the price for India ($7,787 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Pectic Substances; Pectinates and Pectates in Tanzania

Pectic substances; pectinates and pectates exports from Tanzania soared to 2.5 tons in 2022, increasing by 34% on 2021 figures. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,149%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, pectic substances; pectinates and pectates exports skyrocketed to $23K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 604%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Pectic Substances; Pectinates and Pectates from Tanzania in 2022:

1. Uganda (2.5 tons)

Imports of Pectic Substances; Pectinates and Pectates in Tanzania

In 2022, approx. 1.8 tons of pectic substances; pectinates and pectateses were imported into Tanzania; which is down by -86.1% compared with the previous year. Over the period under review, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 239%. As a result, imports attained the peak of 13 tons, and then contracted remarkably in the following year.

In value terms, pectic substances; pectinates and pectates imports shrank remarkably to $19K in 2022. In general, imports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 286%. As a result, imports attained the peak of $158K, and then fell significantly in the following year.

Top Suppliers of Pectic Substances; Pectinates and Pectates to Tanzania in 2022:

1. India (895.0 kg)
2. Denmark (650.0 kg)
3. Germany (250.0 kg)

Source: IndexBox Market Intelligence Platform