Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Tanzania - 2022

Contents:

1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Tanzania (FOB) - 2022
2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Tanzania (CIF) - 2022
3. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Tanzania
4. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Tanzania

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Tanzania (FOB) - 2022

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $20,618 per ton in 2022, with an increase of 77% against the previous year. Overall, the export price posted resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 95% against the previous year. Over the period under review, the average export prices reached the peak figure at $25,572 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($57,700 per ton), while the average price for exports to Kenya ($697 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 the Netherlands (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Tanzania (CIF) - 2022

In 2022, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $9,916 per ton, shrinking by -16.4% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 seeds, fruit and spores; of a kind used for sowing decreased by -40.6% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 49%. Over the period under review, average import prices hit record highs at $16,694 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 South Africa ($22,615 per ton), while the price for Malawi ($1,099 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Tanzania

Exports of seeds, fruit and spores; of a kind used for sowing from Tanzania reduced sharply to 730 tons in 2022, with a decrease of -37.8% compared with the year before. In general, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing rose notably to $15M in 2022. Overall, exports showed a relatively flat trend pattern.

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Tanzania in 2022:

1. Netherlands (230.5 tons)
2. South Africa (151.3 tons)
3. China (90.1 tons)
4. Oman (76.7 tons)
5. United States (49.2 tons)
6. Kenya (30.2 tons)
7. Hong Kong SAR (25.4 tons)

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Tanzania

For the fourth year in a row, Tanzania recorded growth in supplies from abroad of seeds, fruit and spores; of a kind used for sowing, which increased by 64% to 1K tons in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing skyrocketed to $10M in 2022. The total import value increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Tanzania in 2022:

1. Kenya (173.7 tons)
2. United Kingdom (147.0 tons)
3. Netherlands (95.7 tons)
4. United States (76.0 tons)
5. Chile (75.3 tons)
6. Rwanda (75.0 tons)
7. South Africa (74.0 tons)
8. Denmark (59.6 tons)
9. China (48.6 tons)
10. Zambia (48.5 tons)
11. Italy (20.5 tons)
12. India (19.6 tons)

Source: IndexBox Market Intelligence Platform