Tanzania: Oil Crops Market 2024

Oil Crops Market Size in Tanzania

The Tanzanian oil crops market reduced slightly to $X in 2022, standing approx. at the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Oil Crops Production in Tanzania

In value terms, oil crops production contracted to $X in 2022 estimated in export price. In general, production saw a slight contraction. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of oil crops (primary) in Tanzania was estimated at X tons per ha in 2022, approximately equating the previous year's figure. Over the period under review, the yield, however, saw a mild decrease. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2022, the growth of the average oil crops yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of oil crops (primary) were harvested in Tanzania; stabilizing at the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The oil crops harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

Oil Crops Exports

Exports from Tanzania

In 2022, exports of oil crops (primary) from Tanzania expanded notably to X tons, growing by X% against 2021 figures. In general, exports posted strong growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, oil crops exports rose sharply to $X in 2022. Overall, exports showed prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for oil crops exports from Tanzania, with a X% share of total exports. Moreover, oil crops exports to China exceeded the volume sent to the second major destination, India (X tons), sevenfold. Japan (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Japan (X% per year).

In value terms, China ($X) remains the key foreign market for oil crops (primary) exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by Rwanda, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Rwanda (X% per year).

Export Prices by Country

In 2022, the average oil crops export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 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 Japan ($X per ton), while the average price for exports to Uganda ($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 Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Oil Crops Imports

Imports into Tanzania

In 2022, the amount of oil crops (primary) imported into Tanzania reduced to X tons, with a decrease of X% on 2021 figures. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, oil crops imports contracted to $X in 2022. Over the period under review, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Malawi (X tons), Zambia (X tons) and Uganda (X tons) were the main suppliers of oil crops imports to Tanzania, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Zambia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malawi ($X) constituted the largest supplier of oil crops (primary) to Tanzania, comprising X% of total imports. The second position in the ranking was taken by Zambia ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Malawi amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Zambia (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average oil crops import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X 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 the United Arab Emirates ($X per ton), while the price for Uganda ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform