What is the price of natural gum arabic per kilogram/pound in Tanzania today?
The retail price range for Tanzania natural gum arabic is between US$ 39.55 and US$ 79.10 per kilogram or between US$ 17.94 and US$ 35.87 per pound(lb). Click here to see today's exact prices of natural gum arabic in Tanzania
The retail price range in Tanzanian shilling for natural gum arabic is between TZS 94,171.43 and TZS 188,342.86 per kilogram or between TZS 42,708.13 and TZS 85,416.26 per pound(lb) in Dar es Salaam and Mwanza.
Wholesale prices
In 2024, the approximate wholesale price range for Tanzania natural gum arabic is between US$ 27.69 and US$ 55.37 per kilogram or between US$ 12.56 and US$ 25.11 per pound(lb).
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Tanzania Natural Gum Arabic Export Prices - Historical, Trends and Prediction
The export price of Natural Gum Arabic from Tanzania has seen a steady increase over the last five years. In 2017, the price per kilogram was 0.65 US dollars, which increased to 0.87 US dollars in 2015. In 2016, the price dropped to 0.74 US dollars, but has since risen to 0.71 US dollars in both 2018 and 2019. The most recent year, 2020, saw a decrease to 0.46 US dollars per kilogram. 2021 saw a slight increase to 0.52 US dollars per kilogram. Based on this trend, it is predicted that the export price of Natural Gum Arabic from Tanzania will be 0.56 US dollars per kilogram in 2023 and 0.62 US dollars per kilogram in 2024.Tanzania Natural Gum Arabic Import Prices - Historical, Trends and Prediction
The import price of Natural Gum Arabic into Tanzania over the last five years has been quite varied. In 2017, the price was 0.65 US$ per kg, which was the lowest in the five year period. This was followed by a slight increase in 2018 to 0.71 US$ per kg. The price remained steady in 2019 and 2020 at 0.71 US$ and 0.46 US$ per kg respectively. In 2021, the price rose to 0.52 US$ per kg. Based on this trend, it is likely that the price of Natural Gum Arabic into Tanzania will remain steady in the next two years, with an estimated price of 0.52 US$ per kg in 2023 and 0.54 US$ per kg in 2024.Export values for Tanzania natural gum arabic
The total values in export for natural gum arabic in Tanzania were US$ 194, US$ 62, US$ 192 and US$ 12 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in Tanzania: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of natural gum arabic in other countries across Africa: Algeria natural gum arabic, Angola natural gum arabic, Botswana natural gum arabic, Burundi natural gum arabic, Cameroon natural gum arabic, Cape Verde natural gum arabic, Central African Republic natural gum arabic, Comoros natural gum arabic, DRC Congo natural gum arabic & Benin natural gum arabic.
Tanzania natural gum arabic - Production, Exports, Imports, Seasons and HS Codes
In 2019 Tanzania sold 39 tonnes of natural gum arabic. In 2019 alone, the demand for Tanzania natural gum arabic (agro commodities category) has shrunk, recording a change of -85.609 pc compared to the year 2018. Between 2017 and 2019, natural gum arabic's exports reduced by -59.38 percent netting the nation US$0.01m for the year 2019. Tanzania's natural gum arabic exports are categorised as:
- Natural gum Arabic (HS code 130120)
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Tanzania natural gum arabic export values
In 2019, Tanzania supplied natural gum arabic costing 0.01m USD, a reduction of -94.79% from 2018's total natural gum arabic export of 0.192m USD. The yearly reduction in value of Tanzania natural gum arabic between 2017 to 2018 was 209.677%.
The annual change in the quantity of Tanzania's natural gum arabic exports between 2017 and 2019 was -59.38% compared to a variation of -85.609% in the period between 2018 and 2019.
Export markets for Tanzania natural gum arabic ( in '000$ )
Tanzania purchased 41 tonnes of natural gum arabic in 2019.