Tanzania: Paddy Rice Market 2024

Paddy Rice Market Size in Tanzania

The Tanzanian paddy rice market fell to $X in 2023, remaining relatively unchanged against the previous year. In general, the total consumption indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.

Paddy Rice Production in Tanzania

In value terms, paddy rice production reached $X in 2023 estimated in export price. Over the period under review, the total production indicated a mild expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.

The average yield of paddy rice in Tanzania dropped slightly to X tons per ha in 2023, approximately mirroring the previous year. In general, the yield indicated a noticeable increase from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, paddy rice yield increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2018 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2023, the growth of the average paddy rice yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the harvested area of paddy rice in Tanzania declined modestly to X ha, with a decrease of X% compared with 2022 figures. The harvested area increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, the harvested area attained the peak level of X ha. From 2016 to 2023, the growth of the paddy rice harvested area remained at a lower figure.

Paddy Rice Exports

Exports from Tanzania

In 2023, the amount of paddy rice exported from Tanzania shrank rapidly to X tons, reducing by X% on 2022. Overall, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, paddy rice exports reached $X in 2023. In general, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Uganda (X tons) was the main destination for paddy rice exports from Tanzania, accounting for a X% share of total exports. It was followed by Kenya (X tons), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to Uganda stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and Oman (X% per year).

In value terms, Uganda ($X) remains the key foreign market for paddy rice exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by Kenya ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Uganda totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and Oman (X% per year).

Export Prices by Country

The average paddy rice export price stood at $X per ton in 2023, picking up by X% against the previous year. In general, the export price, however, saw a noticeable curtailment. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to Uganda ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X.9%), while the prices for the other major destinations experienced more modest paces of growth.

Paddy Rice Imports

Imports into Tanzania

In 2023, approx. X kg of paddy rice were imported into Tanzania; surging by X% on 2022 figures. In general, imports, however, showed a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, paddy rice imports soared to $X in 2023. Overall, imports, however, faced a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, China (X kg) constituted the largest paddy rice supplier to Tanzania, accounting for a X% share of total imports. Moreover, paddy rice imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X kg), sixfold. Qatar (X kg) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Qatar (X% per year).

In value terms, Qatar ($X), China ($X) and the Philippines ($X) constituted the largest paddy rice suppliers to Tanzania, with a combined X% share of total imports.

In terms of the main suppliers, the Philippines, with a CAGR of X%, recorded 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

The average paddy rice import price stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Qatar ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform