Tanzania: Prepared Drier Market 2024

Prepared Drier Market Size in Tanzania

The Tanzanian prepared drier market skyrocketed to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed strong growth. Prepared drier consumption peaked in 2022 and is likely to see gradual growth in years to come.

Prepared Drier Exports

Exports from Tanzania

In 2022, overseas shipments of prepared driers decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, prepared drier exports fell dramatically to $X in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2013 when exports increased by X%. The exports peaked at $X in 2021, and then declined remarkably in the following year.

Exports by Country

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

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

In value terms, Zambia ($X) emerged as the key foreign market for prepared driers exports from Tanzania, comprising X% of total exports. The second position in the ranking was taken by Malawi ($X), with a X% share of total exports. It was followed by Democratic Republic of the Congo, with a X% share.

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

Export Prices by Country

In 2022, the average prepared drier export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price saw a strong increase. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Democratic Republic of the Congo ($X per ton) and Malawi ($X per ton), while the average price for exports to Kenya ($X per ton) and Zambia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Drier Imports

Imports into Tanzania

In 2022, imports of prepared driers into Tanzania skyrocketed to X tons, jumping by X% on 2021. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, prepared drier imports surged to $X in 2022. Overall, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest prepared drier supplier to Tanzania, accounting for a X% share of total imports. Moreover, prepared drier imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the largest prepared drier suppliers to Tanzania were China ($X), India ($X) and the United Arab Emirates ($X), together accounting for X% of total imports.

India, 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 more modest paces of growth.

Import Prices by Country

The average prepared drier import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China ($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 a decline.

Source: IndexBox Platform