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Tanzania - Taro - Market Analysis, Forecast, Size, Trends and Insights

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Tanzania: Taro (Cocoyam) Market 2024

Taro (Cocoyam) Market Size in Tanzania

After two years of growth, the Tanzanian taro (cocoyam) market decreased by -18.7% to $X in 2022. Overall, consumption, however, showed a notable expansion. Taro (cocoyam) consumption peaked at $X in 2021, and then shrank sharply in the following year.

Taro (Cocoyam) Production in Tanzania

In value terms, taro (cocoyam) production reached $X in 2022 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, (cocoyam) production decreased by -1.5% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by 16% against the previous year. Taro (cocoyam) production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average taro (cocoyam) yield in Tanzania stood at less than X kg per ha, almost unchanged from 2021 figures. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The taro (cocoyam) harvested area in Tanzania amounted to less than X ha in 2022, approximately mirroring the previous year. In general, the harvested area recorded a relatively flat trend pattern.

Taro (Cocoyam) Exports

Exports from Tanzania

After two years of decline, overseas shipments of taro increased by 124% to X tons in 2022. Over the period under review, exports posted prominent growth. The pace of growth was the most pronounced in 2019 when exports increased by 162% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the (cocoyam) exports failed to regain momentum.

In value terms, taro (cocoyam) exports skyrocketed to $X in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 267%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the (cocoyam) exports failed to regain momentum.

Exports by Country

Comoros (X tons) was the main destination for taro (cocoyam) exports from Tanzania, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Comoros totaled +16.6%.

In value terms, Comoros ($X) emerged as the key foreign market for taro exports from Tanzania.

From 2012 to 2022, the average annual rate of growth in terms of value to Comoros amounted to +24.9%.

Export Prices by Country

The average taro (cocoyam) export price stood at $X per ton in 2022, dropping by -31.2% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2019 when the average export price increased by 40%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Comoros.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +99.7% per year.

Taro (Cocoyam) Imports

Imports into Tanzania

In 2015, the amount of taro imported into Tanzania skyrocketed to X kg, rising by 42% compared with the previous year. In general, total imports indicated a significant expansion from 2014 to 2015: its volume increased at an average annual rate of +42.1% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, taro (cocoyam) imports contracted sharply to $X in 2015. Over the period under review, imports, however, recorded a significant decline. Imports peaked at $X in 2014, and then fell markedly in the following year.

Imports by Country

In 2015, China (X kg) was the main taro (cocoyam) supplier to Tanzania, accounting for a approx. 100% share of total imports.

From 2014 to 2015, the average annual growth rate of volume from China totaled +60.2%.

In value terms, China ($X) constituted the largest supplier of taro to Tanzania.

From 2014 to 2015, the average annual growth rate of value from China amounted to -78.9%.

Import Prices by Country

The average taro (cocoyam) import price stood at $X per ton in 2015, shrinking by -85.2% against the previous year. Overall, the import price faced a precipitous decline. The import price peaked at $X per ton in 2014, and then reduced markedly in the following year.

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

From 2014 to 2015, the rate of growth in terms of prices for China amounted to -86.8% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the taro (cocoyam) market in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 136 - Taro (Cocoyam)

Country coverage:

Tanzania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Tanzania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023