Tanzania: Starch Manufacture Residues Market 2024

Starch Manufacture Residues Market Size in Tanzania

The Tanzanian starch manufacture residues market expanded rapidly to $X in 2022, picking up by 14% against the previous year. Over the period under review, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 -11.0% against 2020 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Starch Manufacture Residues Production in Tanzania

In value terms, starch manufacture residues production rose markedly to $X in 2022 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 -11.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 78% against the previous year. Starch manufacture residues production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Starch Manufacture Residues Exports

Exports from Tanzania

In 2022, overseas shipments of residues of starch manufacture were finally on the rise to reach X tons after three years of decline. Over the period under review, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 218%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, starch manufacture residues exports skyrocketed to $X in 2022. In general, exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2018 when exports increased by 219%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Vietnam (X tons) and Comoros (X tons) were the main destinations of starch manufacture residues exports from Tanzania.

From 2012 to 2022, the biggest increases were recorded for Comoros (with a CAGR of +417,012.3%).

In value terms, Vietnam ($X) remains the key foreign market for residues of starch manufacture exports from Tanzania, comprising 93% of total exports. The second position in the ranking was held by Comoros ($X), with a 6.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Vietnam stood at +30.6%.

Export Prices by Country

The average starch manufacture residues export price stood at $X per ton in 2022, which is down by -39.9% against the previous year. Overall, the export price continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 21%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Comoros totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+16.9%), while the prices for the other major destinations experienced mixed trend patterns.

Starch Manufacture Residues Imports

Imports into Tanzania

In 2022, supplies from abroad of residues of starch manufacture increased by 6.7% to X kg for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 278% against the previous year. As a result, imports attained the peak of X kg. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, starch manufacture residues imports rose rapidly to $X in 2022. In general, imports, however, faced a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of 342% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X kg) was the main starch manufacture residues supplier to Tanzania, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from South Africa stood at +4.8%.

In value terms, South Africa ($X) constituted the largest supplier of residues of starch manufacture to Tanzania.

From 2012 to 2022, the average annual growth rate of value from South Africa was relatively modest.

Import Prices by Country

In 2022, the average starch manufacture residues import price amounted to $X per ton, approximately reflecting the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starch manufacture residues import price increased by +32.3% against 2014 indices. The growth pace was the most rapid in 2013 when the average import price increased by 43%. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +1,003.7% per year.

Source: IndexBox Platform