Starches; Inulin Price in Tanzania - 2022

Contents:

  1. Starches; Inulin Price in Tanzania (CIF) - 2022
  2. Starches; Inulin Price in Tanzania (FOB) - 2022
  3. Starches; Inulin Imports in Tanzania
  4. Starches; Inulin Exports in Tanzania

Starches; Inulin Price in Tanzania (CIF) - 2022

The average starches; inulin import price stood at $324 per ton in 2022, waning by -31.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2021 an increase of 23% against the previous year. The import price peaked at $628 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($701 per ton), while the price for Vietnam ($211 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Starches; Inulin Price in Tanzania (FOB) - 2022

In 2022, the average starches; inulin export price amounted to $194 per ton, shrinking by -39.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 64% against the previous year. As a result, the export price reached the peak level of $586 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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 Zambia ($942 per ton), while the average price for exports to Democratic Republic of the Congo ($165 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 Burundi (+9.5%), while the prices for the other major destinations experienced a decline.

Starches; Inulin Imports in Tanzania

In 2022, after two years of decline, there was significant growth in supplies from abroad of starches; inulins, when their volume increased by 2,525% to 80K tons. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, starches; inulin imports surged to $26M in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Starches; Inulin in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/A0.819.02275.0%
India0.80.60.42.851.8%
VietnamN/AN/AN/A2.30%
NetherlandsN/AN/A0.10.5400.0%
Turkey1.31.5N/A0.4-32.5%
Egypt0.40.20.10.40.0%
Others0.10.1N/A0.571.0%
Total2.52.31.425.9118.0%

Top Suppliers of Starches; Inulin to Tanzania in 2022:

  1. Pakistan (56.7K tons)
  2. Vietnam (11.0K tons)
  3. India (8.5K tons)
  4. Netherlands (2.3K tons)
  5. Turkey (0.6K tons)
  6. Egypt (0.6K tons)

Starches; Inulin Exports in Tanzania

In 2022, starches; inulin exports from Tanzania soared to 1.6K tons, increasing by 1,537% on 2021. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, starches; inulin exports surged to $302K in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Starches; Inulin in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/AN/A1770%
KenyaN/AN/AN/A60.00%
ZambiaN/AN/A9.024.5172.2%
BurundiN/AN/A17.417.1-1.7%
Others5.520.04.323.161.3%
Total5.520.030.7302280.1%

Top Export Markets for Starches; Inulin from Tanzania in 2022:

  1. Democratic Republic of the Congo (1069.6 tons)
  2. Kenya (350.0 tons)
  3. Burundi (69.5 tons)
  4. Zambia (26.0 tons)

Source: IndexBox Market Intelligence Platform

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