Tanzania: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in Tanzania

The Tanzanian buttermilk and buttermilk powder market declined modestly to $X in 2022, flattening at the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Buttermilk And Buttermilk Powder in Tanzania

In value terms, buttermilk and buttermilk powder production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 28% against the previous year. Buttermilk and buttermilk powder production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Buttermilk And Buttermilk Powder

Exports from Tanzania

In 2022, approx. X tons of buttermilk and buttermilk powder were exported from Tanzania; falling by -4.7% against the previous year's figure. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 15,000% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, buttermilk and buttermilk powder exports reached $X in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 8,328%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Comoros (X tons), Kenya (X tons) and Burundi (X tons) were the main destinations of buttermilk and buttermilk powder exports from Tanzania, together comprising 91% of total exports.

From 2012 to 2022, the biggest increases were recorded for Burundi (with a CAGR of +37.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X) remains the key foreign market for buttermilk and buttermilk powder exports from Tanzania, comprising 75% of total exports. The second position in the ranking was held by the UK ($X), with a 20% share of total exports. It was followed by Comoros, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kenya totaled +53.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+28.9% per year) and Comoros (+9.3% per year).

Export Prices by Country

In 2022, the average buttermilk and buttermilk powder export price amounted to $X per ton, picking up by 5% against the previous year. In general, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2021 an increase of 168%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to Burundi ($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 Mozambique (+138.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Buttermilk And Buttermilk Powder

Imports into Tanzania

In 2022, imports of buttermilk and buttermilk powder into Tanzania shrank to X tons, with a decrease of -2.5% on 2021. Over the period under review, imports showed a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 152% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, buttermilk and buttermilk powder imports contracted rapidly to $X in 2022. Overall, imports continue to indicate a sharp slump. The growth pace was the most rapid in 2016 when imports increased by 112%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), Denmark (X tons) and Zambia (X tons) were the main suppliers of buttermilk and buttermilk powder imports to Tanzania, with a combined 78% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Zambia (with a CAGR of +79.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and the United Arab Emirates ($X) appeared to be the largest buttermilk and buttermilk powder suppliers to Tanzania, with a combined 74% share of total imports. Zambia, Denmark, Spain and Kenya lagged somewhat behind, together accounting for a further 26%.

In terms of the main suppliers, Zambia, with a CAGR of +63.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average buttermilk and buttermilk powder import price amounted to $X per ton, reducing by -15.3% against the previous year. In general, the import price showed a mild decline. The growth pace was the most rapid in 2015 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood 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 the UK ($X per ton), while the price for Denmark ($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 UK (+5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform