Tanzania: Butter And Ghee Market 2024

Butter And Ghee Market Size in Tanzania

The Tanzanian butter and ghee market totaled $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Butter And Ghee Production in Tanzania

In value terms, butter and ghee production skyrocketed to $X in 2022 estimated in export price. Overall, production recorded a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Butter and ghee production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Butter And Ghee Exports

Exports from Tanzania

After three years of decline, overseas shipments of butter and ghee decreased by X% to X kg in 2022. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, butter and ghee exports fell significantly to $X in 2022. Overall, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Zambia (X kg), Oman (X kg) and Burundi (X kg) were the main destinations of butter and ghee exports from Tanzania, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Zambia ($X), the United Arab Emirates ($X) and Oman ($X) were the largest markets for butter and ghee exported from Tanzania worldwide, together accounting for X% of total exports.

Among the main countries of destination, Oman, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average butter and ghee export price stood at $X per ton in 2022, stabilizing at the previous year. In general, the export price, however, faced a sharp shrinkage. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Butter And Ghee Imports

Imports into Tanzania

In 2022, the amount of butter and ghee imported into Tanzania stood at X tons, surging by X% against the previous year's figure. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. 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 immediate term.

In value terms, butter and ghee imports skyrocketed to $X in 2022. Overall, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Denmark (X tons), Uganda (X tons) and Kenya (X tons) were the main suppliers of butter and ghee imports to Tanzania, together comprising X% of total imports. South Africa, Ukraine, the United Arab Emirates, Indonesia, Ireland, Cyprus, France and New Zealand lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uganda ($X) constituted the largest supplier of butter and ghee to Tanzania, comprising X% of total imports. The second position in the ranking was taken by Kenya ($X), with a X% share of total imports. It was followed by South Africa, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Uganda amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the average butter and ghee import price amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uganda ($X per ton), while the price for Cyprus ($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