Price for Spices; Ginger, Crushed or Ground in Tanzania - 2022
Contents:
- Price for Spices; Ginger, Crushed or Ground in Tanzania (FOB) - 2022
- Price for Spices; Ginger, Crushed or Ground in Tanzania (CIF) - 2022
- Exports of Spices; Ginger, Crushed or Ground in Tanzania
- Imports of Spices; Ginger, Crushed or Ground in Tanzania
Price for Spices; Ginger, Crushed or Ground in Tanzania (FOB) - 2022
The average export price for spices; ginger, crushed or ground stood at $9,815 per ton in 2022, rising by 171% against the previous year. In general, the export price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 207% against the previous year. Over the period under review, the average export prices hit record highs at $12,972 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($30,123 per ton), while the average price for exports to Rwanda ($1,039 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 Kenya (+125.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Spices; Ginger, Crushed or Ground in Tanzania (CIF) - 2022
In 2022, the average import price for spices; ginger, crushed or ground amounted to $2,780 per ton, falling by -14.3% against the previous year. In general, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2019 an increase of 71% against the previous year. Over the period under review, average import prices attained the peak figure at $5,394 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 India ($2,896 per ton), while the price for the United Arab Emirates stood at $1,429 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.7%), while the prices for the other major suppliers experienced a decline.
Exports of Spices; Ginger, Crushed or Ground in Tanzania
After three years of growth, shipments abroad of spices; ginger, crushed or ground decreased by -79.7% to 945 kg in 2022. Over the period under review, exports saw a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 107% against the previous year. As a result, the exports attained the peak of 4.7 tons, and then reduced remarkably in the following year.
In value terms, spices; ginger, crushed or ground exports shrank remarkably to $9.3K in 2022. Overall, exports showed a slight decrease. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year.
| Export of Spices; Ginger, Crushed or Ground in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.0 | 3.1 | 1.1 | 6.1 | 82.7% |
| Switzerland | 0.3 | 0.2 | 0.2 | 1.6 | 74.7% |
| United Kingdom | 2.0 | N/A | N/A | 0.8 | -26.3% |
| Oman | N/A | N/A | N/A | 0.4 | 0% |
| United States | 3.5 | 3.7 | N/A | 0.2 | -61.5% |
| Rwanda | N/A | N/A | N/A | 0.2 | 0% |
| Bulgaria | N/A | N/A | 3.0 | N/A | 0% |
| Malawi | N/A | 0.2 | 0.3 | N/A | 50.0% |
| Burundi | 0.6 | 1.8 | 1.1 | N/A | 35.4% |
| Netherlands | N/A | N/A | 9.7 | N/A | 0% |
| Others | 2.3 | 4.3 | 1.4 | N/A | -22.0% |
| Total | 9.6 | 13.2 | 16.8 | 9.3 | -1.1% |
Top Export Markets for Spices; Ginger, Crushed or Ground from Tanzania in 2022:
- Switzerland (311.0 kg)
- Germany (203.0 kg)
- United Kingdom (185.0 kg)
- Rwanda (180.0 kg)
- United States (33.0 kg)
- Oman (33.0 kg)
Imports of Spices; Ginger, Crushed or Ground in Tanzania
In 2022, supplies from abroad of spices; ginger, crushed or ground decreased by -87% to 177 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a precipitous descent. The pace of growth appeared the most rapid in 2020 when imports increased by 71%. As a result, imports attained the peak of 2.4 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, spices; ginger, crushed or ground imports reduced dramatically to $492 in 2022. In general, imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2020 when imports increased by 156% against the previous year. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Spices; Ginger, Crushed or Ground in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.1 | 0.9 | 4.0 | 0.5 | -23.1% |
| United Kingdom | 0.1 | 1.1 | N/A | N/A | 1000.0% |
| United Arab Emirates | 1.9 | 2.5 | 0.1 | N/A | -77.1% |
| South Africa | 1.5 | 6.6 | 0.2 | N/A | -63.5% |
| Others | 0.1 | 0.8 | 0.1 | N/A | 0.0% |
| Total | 4.7 | 12.0 | 4.4 | 0.5 | -52.6% |
Top Suppliers of Spices; Ginger, Crushed or Ground to Tanzania in 2022:
- India (163.0 kg)
- United Arab Emirates (14.0 kg)
271
This report provides an in-depth analysis of the ginger market in Tanzania.
106
This report provides an in-depth analysis of the market for spices except pepper or ginger in Tanzania.
117
This report provides an in-depth analysis of the olive oil market in Tanzania.
97
This report provides an in-depth analysis of the paint and varnish market in Tanzania.
241
This report provides an in-depth analysis of the virgin olive oil market in Tanzania.
54
This report provides an in-depth analysis of the market for dog and cat food in Tanzania.
173
This report provides an in-depth analysis of the apricot market in Tanzania.
124
This report provides an in-depth analysis of the market for urea and thiourea resins in Tanzania.
63
This report provides an in-depth analysis of the encased lead pencil market in Tanzania.
517
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Tanzania.
1070
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1080
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
806
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7631
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8636
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1400
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7932
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
12008
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1659
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3427
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
