Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Tanzania - 2023
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Tanzania (CIF) - 2022
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Tanzania (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Tanzania
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Tanzania
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Tanzania (CIF) - 2022
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $2,177 per ton in 2022, growing by 8.7% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of 80% against the previous year. The import price peaked at $3,182 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Uganda ($4,490 per ton), while the price for Germany ($104 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Tanzania (FOB) - 2022
The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $785 per ton in 2022, with a decrease of -69.8% against the previous year. Over the period under review, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2013 an increase of 529%. As a result, the export price reached the peak level of $10,680 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Oman.
From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to +295.7% per year.
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Tanzania
In 2022, imports of powdered unsweetened milk and cream of fat weight content over 1.5% into Tanzania amounted to 3.4K tons, growing by 1.6% against the year before. Overall, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% expanded notably to $7.3M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 2,092 | 2,216 | 3,027 | 3,257 | 15.9% |
| United Arab Emirates | 128 | 59.5 | 150 | 199 | 15.8% |
| Oman | 35.7 | 1.9 | 73.3 | 84.3 | 33.2% |
| South Africa | 1.6 | N/A | 1.8 | 31.2 | 169.2% |
| Germany | 4.4 | 1.7 | N/A | 18.2 | 60.5% |
| Malaysia | N/A | N/A | N/A | 10.2 | 0% |
| Ireland | 6.6 | 7.0 | N/A | 6.9 | 1.5% |
| Kenya | 23.1 | 75.1 | 50.7 | 3.5 | -46.7% |
| Others | 2,418 | 2,449 | 3,341 | 3,728 | 15.5% |
| Total | 4,709 | 4,810 | 6,645 | 7,338 | 15.9% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Tanzania in 2022:
- Uganda (725.4 tons)
- United Arab Emirates (431.7 tons)
- Oman (259.4 tons)
- Germany (175.3 tons)
- Malaysia (28.5 tons)
- South Africa (28.4 tons)
- Ireland (20.4 tons)
- Kenya (3.2 tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Tanzania
Exports of powdered unsweetened milk and cream of fat weight content over 1.5% from Tanzania shrank rapidly to 400 kg in 2022, which is down by -97% compared with 2021 figures. Overall, exports saw a significant contraction. The smallest decline of -19.9% was in 2021.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% reduced markedly to $314 in 2022. Over the period under review, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 199%. As a result, the exports reached the peak of $35K, and then fell sharply in the following year.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Tanzania (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Oman | N/A | N/A | 0.2 | 0% |
| Rwanda | 0.1 | 0.4 | N/A | 300.0% |
| Burundi | 5.6 | 17.1 | N/A | 205.4% |
| Others | 6.0 | 17.4 | 0.2 | -81.7% |
| Total | 11.7 | 34.9 | 0.3 | -84.0% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Tanzania in 2022:
- Oman (200.0 kg)
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