Tanzania - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Tanzania - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights

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Cow Peas Price in Tanzania - 2022

Contents:

  1. Cow Peas Price in Tanzania (FOB) - 2022
  2. Cow Peas Price in Tanzania (CIF) - 2022
  3. Cow Peas Exports in Tanzania
  4. Cow Peas Imports in Tanzania

Cow Peas Price in Tanzania (FOB) - 2022

In 2022, the average cow peas export price amounted to $361 per ton, shrinking by -25.3% against the previous year. Overall, the export price showed a perceptible reduction. The growth pace was the most rapid in 2015 an increase of 116%. Over the period under review, the average export prices hit record highs at $755 per ton in 2016; however, from 2017 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 South Sudan ($777 per ton), while the average price for exports to Kenya ($81 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 Pakistan (-0.9%), while the prices for the other major destinations experienced a decline.

Cow Peas Price in Tanzania (CIF) - 2022

The average cow peas import price stood at $73 per ton in 2022, dropping by -89% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth was the most pronounced in 2016 when the average import price increased by 84%. Over the period under review, average import prices attained the peak figure at $985 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,172 per ton), while the price for Malawi ($41 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Cow Peas Exports in Tanzania

In 2022, the amount of cow peas (dry) exported from Tanzania rose to 16K tons, growing by 3.7% compared with 2021 figures. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 56% against the previous year. As a result, the exports attained the peak of 18K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cow peas exports dropped dramatically to $5.8M in 2022. In general, exports enjoyed a strong increase. The growth pace was the most rapid in 2020 when exports increased by 166% against the previous year. As a result, the exports attained the peak of $9.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Cow Peas in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South SudanN/AN/AN/A9380%
India2,8907,5714,037689-38.0%
Pakistan25.4583663580183.7%
Kenya26130436054027.4%
United Arab EmiratesN/AN/AN/A4530%
RwandaN/A52.1328213102.2%
Democratic Republic of the Congo17.323.19.466.156.3%
Others2275812,0412,285115.9%
Total3,4229,1147,4405,76519.0%

Top Export Markets for Cow Peas from Tanzania in 2022:

  1. Kenya (6.6K tons)
  2. Rwanda (1.3K tons)
  3. South Sudan (1.2K tons)
  4. India (1.1K tons)
  5. Pakistan (1.0K tons)
  6. United Arab Emirates (0.8K tons)
  7. Democratic Republic of the Congo (0.8K tons)

Cow Peas Imports in Tanzania

In 2022, overseas purchases of cow peas (dry) decreased by -96.4% to 64 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 221%. As a result, imports attained the peak of 2.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cow peas imports shrank markedly to $4.7K in 2022. Over the period under review, imports saw a sharp slump. The most prominent rate of growth was recorded in 2020 when imports increased by 93% against the previous year. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Cow Peas in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalawiN/A208N/A2.5-89.0%
India16.91.3N/A0.7-65.4%
United Arab Emirates5343162140.4-90.9%
UgandaN/A689N/AN/A0%
RwandaN/AN/A951N/A0%
United Kingdom51.9N/A5.0N/A-69.0%
Others33.914.911.01.1-68.1%
Total6371,2301,1814.7-80.5%

Top Suppliers of Cow Peas to Tanzania in 2022:

  1. Malawi (60.0 tons)
  2. India (2.8 tons)
  3. United Arab Emirates (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cow peas 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 195 - Cow peas, dry

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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