Price for Flour, Meal, and Flakes of Potatoes in Tanzania - 2022

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Tanzania (CIF) - 2022
2. Price for Flour, Meal, and Flakes of Potatoes in Tanzania (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Tanzania
4. Exports of Flour, Meal, and Flakes of Potatoes in Tanzania

Price for Flour, Meal, and Flakes of Potatoes in Tanzania (CIF) - 2022

The average import price for flour, meal, and flakes of potatoeses stood at $789 per ton in 2022, growing by 27% against the previous year. Over the period under review, the import price saw a mild increase. The pace of growth appeared the most rapid in 2016 an increase of 40%. The import price peaked at $1,169 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 the Netherlands ($1,264 per ton), while the price for Pakistan ($74 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+63.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour, Meal, and Flakes of Potatoes in Tanzania (FOB) - 2022

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $684 per ton, falling by -48.8% against the previous year. Overall, the export price, however, enjoyed a temperate expansion. The pace of growth was the most pronounced in 2014 an increase of 140%. Over the period under review, the average export prices hit record highs at $6,635 per ton in 2017; however, from 2018 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 Democratic Republic of the Congo ($1,667 per ton), while the average price for exports to the United Arab Emirates ($553 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 Democratic Republic of the Congo (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in Tanzania

In 2022, overseas purchases of flour, meal, and flakes of potatoeses increased by 197% to 58 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a significant decrease.

In value terms, imports of flour, meal, and flakes of potatoeses surged to $45K in 2022. In general, imports, however, saw a abrupt curtailment.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Tanzania in 2022:

1. Netherlands (28.9 tons)
2. India (13.9 tons)
3. United Arab Emirates (8.6 tons)
4. Pakistan (4.5 tons)
5. Italy (0.5 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Tanzania

For the third year in a row, Tanzania recorded decline in shipments abroad of flour, meal, and flakes of potatoeses, which decreased by -12.5% to 18 tons in 2022. Overall, exports showed a abrupt setback. The smallest decline of -7.7% was in 2020.

In value terms, exports of flour, meal, and flakes of potatoeses fell dramatically to $12K in 2022. Over the period under review, exports continue to indicate a significant decline. The smallest decline of -33.1% was in 2021.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Tanzania in 2022:

1. United Arab Emirates (13.3 tons)
2. Comoros (3.3 tons)
3. Oman (1.6 tons)

Source: IndexBox Market Intelligence Platform