Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tanzania - 2022
Contents:
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tanzania (FOB) - 2022
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tanzania (CIF) - 2022
- Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tanzania
- Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tanzania
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tanzania (FOB) - 2022
The average export price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses stood at $1,243 per ton in 2022, with an increase of 10% against the previous year. In general, the export price, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 100% against the previous year. The export price peaked at $3,319 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($2,130 per ton), while the average price for exports to Kenya ($646 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 Uganda (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tanzania (CIF) - 2022
The average import price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses stood at $2,942 per ton in 2022, rising by 28% against the previous year. Overall, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 35% against the previous year. The import price peaked at $4,010 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($7,522 per ton), while the price for India ($303 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tanzania
In 2022, the amount of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses exported from Tanzania surged to 1.3K tons, with an increase of 51% against 2021. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 118% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses skyrocketed to $1.7M in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 133% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 21.5 | 49.4 | 93.4 | 862 | 242.3% |
| India | N/A | N/A | N/A | 125 | 0% |
| Kenya | 13.4 | 49.9 | 87.4 | 105 | 98.6% |
| Rwanda | 157 | 268 | 668 | 0.7 | -83.5% |
| Others | 54.9 | 63.5 | 153 | 580 | 119.4% |
| Total | 247 | 431 | 1,002 | 1,672 | 89.2% |
Top Export Markets for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices from Tanzania in 2022:
- Burundi (1006.7 tons)
- Kenya (163.0 tons)
- India (58.5 tons)
- Rwanda (0.6 tons)
Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tanzania
In 2022, after three years of growth, there was significant decline in purchases abroad of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses, when their volume decreased by -45.5% to 432 tons. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 99% against the previous year. As a result, imports attained the peak of 791 tons, and then shrank significantly in the following year.
In value terms, imports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses shrank remarkably to $1.3M in 2022. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 80%.
| Import of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 411 | 1,222 | 1,252 | 1,003 | 34.6% |
| South Africa | 22.6 | 67.4 | 48.1 | 101 | 64.7% |
| India | 37.4 | 28.6 | 88.8 | 67.7 | 21.9% |
| United Arab Emirates | 369 | 265 | 343 | 59.5 | -45.6% |
| Pakistan | 16.7 | 2.3 | 11.4 | 11.0 | -13.0% |
| Uganda | N/A | N/A | 27.4 | N/A | 0% |
| Others | 30.8 | 10.8 | 49.2 | 27.5 | -3.7% |
| Total | 888 | 1,597 | 1,820 | 1,270 | 12.7% |
Top Suppliers of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices to Tanzania in 2022:
- India (223.6 tons)
- Kenya (133.4 tons)
- United Arab Emirates (28.7 tons)
- South Africa (23.6 tons)
- Pakistan (9.0 tons)
249
This report provides an in-depth analysis of the ginger market in Tanzania.
97
This report provides an in-depth analysis of the market for spices except pepper or ginger in Tanzania.
49
This report provides an in-depth analysis of the market for dog and cat food in Tanzania.
160
This report provides an in-depth analysis of the apricot market in Tanzania.
221
This report provides an in-depth analysis of the virgin olive oil market in Tanzania.
83
This report provides an in-depth analysis of the paint and varnish market in Tanzania.
107
This report provides an in-depth analysis of the olive oil market in Tanzania.
51
This report provides an in-depth analysis of the encased lead pencil market in Tanzania.
98
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Tanzania.
117
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Tanzania.
929
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1029
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
787
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7510
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8594
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1383
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7890
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
11873
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1625
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3391
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
