Tanzania: Confectionery Market 2024

Confectionery Market Size in Tanzania

The Tanzanian confectionery market shrank modestly to $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Confectionery consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Confectionery Production in Tanzania

In value terms, confectionery production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Confectionery Exports

Exports from Tanzania

Confectionery exports from Tanzania surged to X tons in 2022, jumping by X% on 2021 figures. Over the period under review, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, confectionery exports contracted notably to $X in 2022. In general, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for confectionery exports from Tanzania, with a X% share of total exports. Moreover, confectionery exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Uganda (X tons), threefold. Rwanda (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and Rwanda (X% per year).

In value terms, Democratic Republic of the Congo ($X), Uganda ($X) and Rwanda ($X) were the largest markets for confectionery exported from Tanzania worldwide, together comprising X% of total exports. Burundi, the UK and Malawi lagged somewhat behind, together comprising a further X%.

Burundi, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average confectionery export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malawi ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into Tanzania

After two years of growth, supplies from abroad of confectionery decreased by X% to X tons in 2022. Over the period under review, imports, however, showed a measured expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, confectionery imports reduced dramatically to $X in 2022. Overall, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Kenya (X tons) constituted the largest supplier of confectionery to Tanzania, accounting for a X% share of total imports. Moreover, confectionery imports from Kenya exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was taken by China (X tons), with a X% share.

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

In value terms, Kenya ($X) constituted the largest supplier of confectionery to Tanzania, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Kenya amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and China (X% per year).

Import Prices by Country

The average confectionery import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform