Tanzania - Frozen Fish And Seafood - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 5, 2024

Tanzania - Frozen Fish And Seafood - Market Analysis, Forecast, Size, Trends And Insights

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Price for Frozen Fish and Seafood in Tanzania - 2022

Contents:

  1. Price for Frozen Fish and Seafood in Tanzania (FOB) - 2022
  2. Price for Frozen Fish and Seafood in Tanzania (CIF) - 2022
  3. Exports of Frozen Fish and Seafood in Tanzania
  4. Imports of Frozen Fish and Seafood in Tanzania

Price for Frozen Fish and Seafood in Tanzania (FOB) - 2022

In 2022, the average frozen fish and seafood export price amounted to $5,237 per ton, with a decrease of -10.3% against the previous year. In general, the export price showed a slight slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,046 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Saudi Arabia ($7,517 per ton), while the average price for exports to Democratic Republic of the Congo ($307 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 Rwanda (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Frozen Fish and Seafood in Tanzania (CIF) - 2022

In 2022, the average frozen fish and seafood import price amounted to $565 per ton, shrinking by -59% against the previous year. Over the period under review, the import price saw a deep setback. The growth pace was the most rapid in 2020 an increase of 33%. The import price peaked at $1,375 per ton in 2021, and then dropped notably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Seychelles ($684 per ton) and the United Arab Emirates ($649 per ton), while the price for China ($458 per ton) and South Korea ($538 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (-2.0%), while the prices for the other major suppliers experienced a decline.

Exports of Frozen Fish and Seafood in Tanzania

After two years of decline, overseas shipments of frozen fish and seafood increased by 28% to 13K tons in 2022. Overall, exports, however, showed a deep slump.

In value terms, frozen fish and seafood exports expanded sharply to $69M in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage.

Export of Frozen Fish and Seafood in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal13.37.63.99.5-10.6%
Spain5.63.14.46.23.5%
United Arab Emirates2.72.94.55.426.0%
Israel4.46.34.85.36.4%
Netherlands3.81.62.05.211.0%
Greece3.22.04.34.512.0%
Saudi Arabia1.30.30.84.146.6%
Romania2.32.52.63.717.2%
Japan2.11.11.13.012.6%
Italy1.81.72.42.613.0%
Rwanda0.50.71.61.750.4%
Kenya0.50.80.41.647.4%
Democratic Republic of the CongoN/AN/AN/A0.30%
Others42.527.227.315.9-27.9%
Total84.057.960.168.9-6.4%

Top Export Markets for Frozen Fish and Seafood from Tanzania in 2022:

  1. Kenya (1640.1 tons)
  2. Portugal (1291.2 tons)
  3. Spain (1025.3 tons)
  4. Democratic Republic of the Congo (913.6 tons)
  5. Netherlands (865.7 tons)
  6. United Arab Emirates (863.3 tons)
  7. Greece (804.4 tons)
  8. Israel (734.6 tons)
  9. Romania (633.5 tons)
  10. Saudi Arabia (541.6 tons)
  11. Japan (495.7 tons)
  12. Italy (423.9 tons)
  13. Rwanda (343.8 tons)

Imports of Frozen Fish and Seafood in Tanzania

In 2022, the amount of frozen fish and seafood imported into Tanzania reduced sharply to 617 tons, waning by -90.6% on the year before. In general, imports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 38%.

In value terms, frozen fish and seafood imports shrank sharply to $348K in 2022. Over the period under review, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports reached the peak of $9.1M, and then declined markedly in the following year.

Import of Frozen Fish and Seafood in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.30.10.70.1-30.7%
South KoreaN/AN/AN/A0.10%
Oman7.65.27.2N/A-2.7%
SomaliaN/AN/AN/AN/A0%
United Arab EmiratesN/AN/AN/AN/A0%
SeychellesN/AN/AN/AN/A0%
Others0.51.11.2N/A54.9%
Total8.46.49.10.3-67.1%

Top Suppliers of Frozen Fish and Seafood to Tanzania in 2022:

  1. South Korea (246.2 tons)
  2. China (239.6 tons)
  3. Seychelles (53.0 tons)
  4. Somalia (49.1 tons)
  5. United Arab Emirates (18.8 tons)
  6. Oman (6.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for frozen fish and seafood 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:

  • Prodcom 10201330 - Frozen whole salt water fish
  • Prodcom 10201360 - Frozen whole fresh water fish
  • Prodcom 10201600 - Frozen fish livers and roes
  • Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
  • Prodcom 10201400 - Frozen fish fillets
  • Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
  • Prodcom 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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