Price for Protein; Concentrates and Textured Protein Substances in Tanzania - 2023
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Tanzania (CIF) - 2022
- Price for Protein; Concentrates and Textured Protein Substances in Tanzania (FOB) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Tanzania
- Exports of Protein; Concentrates and Textured Protein Substances in Tanzania
Price for Protein; Concentrates and Textured Protein Substances in Tanzania (CIF) - 2022
In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $5,096 per ton, with an increase of 14% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for protein; concentrates and textured protein substanceses increased by +73.7% against 2015 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($11,053 per ton), while the price for Turkey ($523 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Tanzania (FOB) - 2022
In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $127 per ton, shrinking by -90.6% against the previous year. In general, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2016 an increase of 47%. The export price peaked at $1,936 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($1,000 per ton), while the average price for exports to Rwanda stood at $126 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+67.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in Tanzania
Imports of protein; concentrates and textured protein substanceses into Tanzania fell significantly to 23 tons in 2022, shrinking by -94.3% compared with the year before. Over the period under review, imports showed a sharp setback. The growth pace was the most rapid in 2021 when imports increased by 47%.
In value terms, imports of protein; concentrates and textured protein substanceses fell notably to $115K in 2022. In general, imports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of $1.8M, and then fell significantly in the following year.
| Import of Protein; Concentrates and Textured Protein Substances in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.5 | 89.6 | 219 | 78.9 | 143.0% |
| China | 30.5 | 17.2 | 94.0 | 20.7 | -12.1% |
| South Africa | 126 | 118 | 59.4 | 5.9 | -64.0% |
| United Arab Emirates | N/A | 5.0 | 45.0 | 2.9 | -23.8% |
| United States | 3.9 | 29.4 | 6.9 | 2.0 | -20.0% |
| Italy | 0.7 | 1.5 | 24.2 | 1.4 | 26.0% |
| Turkey | 0.5 | 0.5 | 1.8 | 0.9 | 21.6% |
| Malawi | 24.8 | 27.0 | 16.6 | N/A | -18.2% |
| Uganda | 576 | 422 | 879 | N/A | 23.5% |
| Netherlands | 684 | 228 | 226 | N/A | -42.5% |
| Canada | 29.9 | 23.7 | 53.7 | N/A | 34.0% |
| Others | 107 | 78.9 | 137 | 2.0 | -73.5% |
| Total | 1,590 | 1,040 | 1,763 | 115 | -58.3% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Tanzania in 2022:
- India (7.1 tons)
- United Arab Emirates (4.8 tons)
- China (3.9 tons)
- United States (2.5 tons)
- Turkey (1.7 tons)
- South Africa (1.1 tons)
- Italy (0.8 tons)
Exports of Protein; Concentrates and Textured Protein Substances in Tanzania
Exports of protein; concentrates and textured protein substanceses from Tanzania skyrocketed to 6.8 tons in 2022, picking up by 549% compared with the previous year. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,666%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of protein; concentrates and textured protein substanceses shrank dramatically to $869 in 2022. Overall, exports saw a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 2,102%. As a result, the exports attained the peak of $1.4K, and then reduced remarkably in the following year.
| Export of Protein; Concentrates and Textured Protein Substances in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 128 | 14.0 | 37.0 | 853 | 88.2% |
| France | 180 | 26.0 | 246 | N/A | 16.9% |
| Kenya | N/A | N/A | 131 | N/A | 0% |
| Others | 278 | 25.0 | 1,017 | 16.0 | -61.4% |
| Total | 586 | 65.0 | 1,431 | 869 | 14.0% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Tanzania in 2022:
- Rwanda (6.8 tons)
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