Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Tanzania - 2022
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Tanzania (FOB) - 2022
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Tanzania (CIF) - 2022
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Tanzania
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Tanzania
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Tanzania (FOB) - 2022
In December 2021, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $4,257 per ton, reducing by -3.7% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in July 2021 an increase of 13% against the previous month. Over the period under review, the average export prices hit record highs at $4,708 per ton in August 2021; however, from September 2021 to December 2021, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In December 2021, the countries with the highest prices were Kuwait ($4,845 per ton) and the United Arab Emirates ($4,655 per ton), while the average price for exports to Bahrain ($3,383 per ton) and Oman ($4,321 per ton) were amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Tanzania (CIF) - 2022
The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $4,185 per ton in 2022, reducing by -28.5% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 an increase of 74%. Over the period under review, average import prices reached the peak figure at $5,854 per ton in 2021, and then contracted sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($11,178 per ton), while the price for Lebanon ($1,497 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+56.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Tanzania
Exports of meat of sheep or goats; fresh, chilled or frozen from Tanzania surged to 12K tons in 2022, rising by 124% on the year before. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,436% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen soared to $52M in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 2,667% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | 0.1 | 10.3 | 20.5 | 1331.8% |
| United Arab Emirates | 0.5 | 0.1 | 1.6 | 11.6 | 185.2% |
| Oman | 0.5 | 0.5 | 2.6 | 8.0 | 152.0% |
| Kuwait | N/A | 0.2 | 2.4 | 3.1 | 293.7% |
| Bahrain | N/A | N/A | 3.0 | 2.5 | -16.7% |
| Saudi Arabia | N/A | N/A | N/A | 1.4 | 0% |
| Macao SAR | N/A | N/A | 1.5 | N/A | 0% |
| Others | N/A | N/A | 0.4 | 4.4 | 1000.0% |
| Total | 1.0 | 0.8 | 21.8 | 51.6 | 272.3% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Tanzania in 2022:
- Qatar (4.7K tons)
- United Arab Emirates (2.3K tons)
- Oman (2.0K tons)
- Bahrain (0.7K tons)
- Kuwait (0.6K tons)
- Saudi Arabia (0.3K tons)
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Tanzania
In 2022, after three years of growth, there was significant decline in purchases abroad of meat of sheep or goats; fresh, chilled or frozen, when their volume decreased by -87% to 686 kg. Over the period under review, imports showed a sharp reduction. The growth pace was the most rapid in 2020 when imports increased by 112%.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen reduced rapidly to $2.9K in 2022. Overall, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 145% against the previous year.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 2.2 | 3.2 | 3.8 | 1.9 | -4.8% |
| Lebanon | N/A | N/A | N/A | 0.6 | 0% |
| United Arab Emirates | 3.1 | N/A | 5.2 | 0.3 | -54.1% |
| Kenya | 1.8 | 5.2 | N/A | N/A | 188.9% |
| Italy | N/A | N/A | 10.3 | N/A | 0% |
| Turkey | 0.7 | 11.1 | 1.4 | N/A | 41.4% |
| Others | N/A | N/A | 10.3 | N/A | 0% |
| Total | 7.9 | 19.4 | 31.0 | 2.9 | -28.4% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Tanzania in 2022:
- Lebanon (390.0 kg)
- South Africa (174.0 kg)
- United Arab Emirates (122.0 kg)
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