Tanzania - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWood Fuel Price in Tanzania - 2022
Contents:
- Wood Fuel Price in Tanzania (FOB) - 2022
- Wood Fuel Price in Tanzania (CIF) - 2022
- Wood Fuel Exports in Tanzania
- Wood Fuel Imports in Tanzania
Wood Fuel Price in Tanzania (FOB) - 2022
In 2022, the average wood fuel export price amounted to $79 per cubic meter, dropping by -6% against the previous year. Overall, the export price, however, posted a slight increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 122%. Over the period under review, the average export prices reached the peak figure at $84 per cubic meter in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($235 per cubic meter), while the average price for exports to Kenya amounted to $74 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.9%).
Wood Fuel Price in Tanzania (CIF) - 2022
The average wood fuel import price stood at $844 per cubic meter in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 415% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($1,537 per cubic meter), while the price for Democratic Republic of the Congo stood at $705 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+55.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Wood Fuel Exports in Tanzania
In 2022, overseas shipments of wood fuel decreased by -35.3% to 73K cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 165% against the previous year. The exports peaked at 113K cubic meters in 2021, and then contracted notably in the following year.
In value terms, wood fuel exports contracted significantly to $5.7M in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 140%. Over the period under review, the exports hit record highs at $9.4M in 2021, and then reduced dramatically in the following year.
Export of Wood Fuel in Tanzania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 2.9 | 6.8 | 9.4 | 5.2 | 21.5% |
China | N/A | N/A | N/A | 0.4 | 0% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 2.9 | 6.8 | 9.4 | 5.7 | 25.3% |
Top Export Markets for Wood Fuel from Tanzania in 2022:
- Kenya (70.0K cubic meters)
- China (1.7K cubic meters)
Wood Fuel Imports in Tanzania
In 2022, wood fuel imports into Tanzania was estimated at 203 cubic meters, therefore, remained relatively stable against the previous year's figure. Overall, imports continue to indicate a significant increase. The smallest decline of -80.4% was in 2020. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, wood fuel imports amounted to $171K in 2022. Over the period under review, imports enjoyed significant growth. The smallest decline of -87.6% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Wood Fuel in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | N/A | N/A | N/A | 119 | 0% |
Australia | N/A | N/A | N/A | 52.3 | 0% |
China | 4.0 | N/A | N/A | N/A | 0% |
Bangladesh | N/A | 0.5 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.0 | 0.5 | N/A | 171 | 249.7% |
Top Suppliers of Wood Fuel to Tanzania in 2022:
- Democratic Republic of the Congo (169.0 cubic meters)
- Australia (34.0 cubic meters)
This report provides an in-depth analysis of the wood fuel 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 1627 - Wood fuel, coniferous
- FCL 1628 - Wood fuel, non-coniferous
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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