Tanzania: Salt Market 2024

Salt Market Size in Tanzania

In 2022, the Tanzanian salt market decreased by -5.3% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, enjoyed a buoyant increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Salt Production in Tanzania

In value terms, salt production fell significantly to $X in 2022 estimated in export price. In general, production, however, recorded prominent growth. The growth pace was the most rapid in 2019 when the production volume increased by 182% against the previous year. Over the period under review, production attained the maximum level at $X in 2021, and then declined rapidly in the following year.

Salt Exports

Exports from Tanzania

In 2022, the amount of salt and pure sodium chloride exported from Tanzania skyrocketed to X tons, with an increase of 70% on the year before. In general, exports continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, salt exports skyrocketed to $X in 2022. Over the period under review, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Burundi (X tons) was the main destination for salt exports from Tanzania, accounting for a 52% share of total exports. Moreover, salt exports to Burundi exceeded the volume sent to the second major destination, Malawi (X tons), threefold. Democratic Republic of the Congo (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burundi totaled +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malawi (+37.5% per year) and Democratic Republic of the Congo (+41.3% per year).

In value terms, Burundi ($X) remains the key foreign market for salt and pure sodium chloride exports from Tanzania, comprising 61% of total exports. The second position in the ranking was held by Malawi ($X), with a 19% share of total exports. It was followed by Democratic Republic of the Congo, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Burundi totaled +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malawi (+45.4% per year) and Democratic Republic of the Congo (+45.1% per year).

Export Prices by Country

The average salt export price stood at $X per ton in 2022, waning by -9.5% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, salt export price increased by +38.4% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 28%. The export price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Uganda ($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 Malawi (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Salt Imports

Imports into Tanzania

Salt imports into Tanzania contracted to X tons in 2022, declining by -2.8% compared with 2021 figures. In general, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 92% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, salt imports surged to $X in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 60% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, India (X tons) constituted the largest salt supplier to Tanzania, accounting for a 71% share of total imports. Moreover, salt imports from India exceeded the figures recorded by the second-largest supplier, Kenya (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from India totaled +83.3%.

In value terms, Kenya ($X) and India ($X) constituted the largest salt suppliers to Tanzania.

Among the main suppliers, India, with a CAGR of +64.0%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average salt import price amounted to $X per ton, surging by 33% against the previous year. In general, the import price, however, saw a deep reduction. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($X per ton), while the price for India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (-1.8%).

Source: IndexBox Platform