Tanzania: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in Tanzania

The Tanzanian animal or vegetable fertilisers market shrank modestly to $X in 2022, stabilizing at the previous year. Over the period under review, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Animal Or Vegetable Fertilisers in Tanzania

In value terms, animal or vegetable fertilisers production dropped slightly to $X in 2022 estimated in export price. Overall, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Animal Or Vegetable Fertilisers

Exports from Tanzania

In 2022, after two years of growth, there was significant decline in overseas shipments of animal or vegetable fertilisers, when their volume decreased by X% to X kg. Over the period under review, exports faced a dramatic decline. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined significantly in the following year.

In value terms, animal or vegetable fertilisers exports declined notably to $X in 2022. In general, exports recorded a precipitous descent. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Comoros (X kg) was the main destination for animal or vegetable fertilisers exports from Tanzania, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Comoros amounted to X%.

In value terms, Comoros ($X) emerged as the key foreign market for animal or vegetable fertilisers exports from Tanzania.

From 2012 to 2022, the average annual growth rate of value to Comoros totaled X%.

Export Prices by Country

The average animal or vegetable fertilisers export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Comoros.

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to X% per year.

Imports of Animal Or Vegetable Fertilisers

Imports into Tanzania

In 2022, overseas purchases of animal or vegetable fertilisers were finally on the rise to reach X tons for the first time since 2014, thus ending a seven-year declining trend. Overall, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, animal or vegetable fertilisers imports soared to $X in 2022. In general, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of animal or vegetable fertilisers to Tanzania, with a X% share of total imports. Moreover, animal or vegetable fertilisers imports from India exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. Turkey (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Turkey (X% per year).

In value terms, the largest animal or vegetable fertilisers suppliers to Tanzania were Turkey ($X), Slovakia ($X) and India ($X), together comprising X% of total imports.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average animal or vegetable fertilisers import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal or vegetable fertilisers import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average 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 Slovakia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform