Tanzania - Crude Palm Oil - Market Analysis, Forecast, Size, Trends and Insights
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Crude Palm Oil Market Size in Tanzania
In 2022, after two years of decline, there was significant growth in the Tanzanian crude palm oil market, when its value increased by X% to $X. Over the period under review, consumption saw a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Crude Palm Oil Production in Tanzania
In value terms, crude palm oil production reduced modestly to $X in 2022 estimated in export price. Overall, production saw a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Crude palm oil production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
Crude Palm Oil Exports
Exports from Tanzania
In 2022, after two years of growth, there was significant decline in shipments abroad of crude palm oil, when their volume decreased by X% to X tons. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.
In value terms, crude palm oil exports dropped remarkably to $X in 2022. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.
Exports by Country
Rwanda (X tons) was the main destination for crude palm oil exports from Tanzania, accounting for a X% share of total exports. It was followed by Malawi (X tons), with a X% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Rwanda amounted to X%.
In value terms, Rwanda ($X) emerged as the key foreign market for crude palm oil exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by Malawi ($X), with a X% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Rwanda totaled X%.
Export Prices by Country
In 2022, the average crude palm oil export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Malawi totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.
Crude Palm Oil Imports
Imports into Tanzania
After two years of decline, overseas purchases of crude palm oil increased by X% to X tons in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, crude palm oil imports soared to $X in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2022, Malaysia (X tons) constituted the largest crude palm oil supplier to Tanzania, with a X% share of total imports. Moreover, crude palm oil imports from Malaysia exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), sixfold.
From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia stood at X%.
In value terms, Malaysia ($X) constituted the largest supplier of crude palm oil to Tanzania, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Malaysia stood at X%.
Import Prices by Country
In 2022, the average crude palm oil import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, saw a pronounced contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Malaysia stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the crude palm oil 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 257 - Oil of palm
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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- Current Crude Palm Oil Price
- Crude Palm Oil Production by Country
- Crude Palm Oil Milling Process
- Crude Palm Oil Price Tanzania
- Crude Palm Oil Refining Process
- Crude Palm Oil Milling Process
- Crude Palm Oil Production Process
- Crude Palm Oil Consumption
- Crude Palm Oil Processing Plant
- Crude Palm Oil Demand