What is the price of cocoa beans per kilogram/pound in Tanzania today?
The retail price range for Tanzania cocoa beans is between US$ 4.05 and US$ 5.00 per kilogram or between US$ 1.83 and US$ 2.27 per pound(lb). Click here to see today's exact prices of cocoa beans in Tanzania
The retail price range in Tanzanian shilling for cocoa beans is between TZS 9,632.32 and TZS 11,898.75 per kilogram or between TZS 4,368.40 and TZS 5,396.26 per pound(lb) in Dar es Salaam and Mwanza.
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In 2024, the approximate wholesale price range for Tanzania cocoa beans is between US$ 2.83 and US$ 3.50 per kilogram or between US$ 1.28 and US$ 1.59 per pound(lb).
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Tanzania Cocoa Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Beans from Tanzania over the last five years has been relatively stable. In 2017, the price was $1.66, followed by $1.81 in 2018, $1.98 in 2019, $1.72 in 2020, and $2.30 in 2021. The highest price was in 2021 at $2.30, while the lowest was in 2013 at $1.65. Looking ahead, we can predict that the export price per kilogram of Cocoa Beans from Tanzania in 2023 will be around $2.00 and in 2024 will be around $2.15.The Tanzania cocoa beans exports are classified as:
- Cocoa beans, whole or broken, raw or roasted (HS code 180100)
Tanzania Cocoa Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Beans into Tanzania over the last five years has been relatively stable. In 2016, the price was 2.28 US dollars per kg, followed by a slight decrease to 1.66 US dollars per kg in 2017. The price then increased to 1.81 US dollars per kg in 2018 and 1.98 US dollars per kg in 2019. In 2020, the price dropped to 1.72 US dollars per kg, before rising again to 2.3 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Cocoa Beans into Tanzania in 2023 will be 2.17 US dollars per kg and in 2024 will be 2.34 US dollars per kg.Export values for Tanzania cocoa beans
The total values in export for cocoa beans in Tanzania were US$ 21,164, US$ 16,741, US$ 18,367 and US$ 24,725 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Tanzania: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa beans in other countries across Africa: Algeria cocoa beans, Angola cocoa beans, Botswana cocoa beans, Burundi cocoa beans, Cameroon cocoa beans, Cape Verde cocoa beans, Central African Republic cocoa beans, Comoros cocoa beans, DRC Congo cocoa beans & Benin cocoa beans.
Tanzania cocoa beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 Tanzania shipped 8,906 tonnes of cocoa beans. For 2019 alone, the market for Tanzania cocoa beans (processed category) has decreased, with a change of -12.317 pc compared to the year 2018. Between 2017 and 2019, cocoa beans' exports reduced by -11.69% netting the country US$24.72m for the year 2019. Tanzania's cocoa beans exports are classified as:
- Cocoa beans, whole or broken, raw or roasted (HS code 180100)
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Tanzania cocoa beans export values
In 2019, Tanzania exported cocoa beans costing 24.72m USD, a growth of 34.59% from 2018's total cocoa beans export of 18.367m USD. The yearly growth in value of Tanzania cocoa beans between 2017 to 2018 was 9.713 percent.
The annual/yearly variation in the volume of Tanzania's cocoa beans exports between 2017 and 2019 was -11.69 pc in comparison to a variation of -12.317% in the period between 2018 and 2019.
Export markets for Tanzania cocoa beans ( in '000$ )
Tanzania's top export markets for cocoa beans are Belgium, Indonesia, Malaysia, India and Singapore.
Tanzania ordered 3 tonnes of cocoa beans in 2019.
Production
The production of cocoa beans in Tanzania was 13,000 tonnes in 2019 and is projected to change by an average of -13.33%. The country had approximately 18,346.00 hectares under cocoa beans cultivation.