What is the price of oil cake (press cake) per kilogram/pound in Tanzania today?
The retail price range for Tanzania oil cake (press cake) is between US$ 1.20 and US$ 2.41 per kilogram or between US$ 0.55 and US$ 1.09 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in Tanzania
The retail price range in Tanzanian shilling for oil cake (press cake) is between TZS 2,868.75 and TZS 5,737.50 per kilogram or between TZS 1,301.02 and TZS 2,602.04 per pound(lb) in Dar es Salaam and Mwanza.
Wholesale prices
In 2024, the approximate wholesale price range for Tanzania oil cake (press cake) is between US$ 0.84 and US$ 1.69 per kilogram or between US$ 0.38 and US$ 0.77 per pound(lb).
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Tanzania Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oil cake (Press cake) from Tanzania over the last five years has been relatively stable. In 2017, the price was 0.18 US $ per kg, followed by 0.19 US $ per kg in 2018, 0.15 US $ per kg in 2019, 0.21 US $ per kg in 2020, and 0.18 US $ per kg in 2021. This indicates that the export price has been decreasing slightly over the past five years. Based on this trend, it is likely that the export price for Oil cake (Press cake) from Tanzania in 2023 will be around 0.17 US $ per kg and in 2024 will be around 0.16 US $ per kg.Tanzania Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oil cake (Press cake) into Tanzania has seen a steady decline over the past five years. In 2012, the price was 0.42 US dollars per kg, which dropped to 0.20 US dollars per kg in 2013. This was followed by a slight increase to 0.89 US dollars per kg in 2014, before dropping again to 0.25 US dollars per kg in 2015. The price then remained relatively stable at 0.27 US dollars per kg in 2016 and 0.18 US dollars per kg in 2017. In 2018, the price dropped slightly to 0.19 US dollars per kg, before dropping again to 0.15 US dollars per kg in 2019. The price then increased to 0.21 US dollars per kg in 2020, before dropping back to 0.18 US dollars per kg in 2021. Based on this trend, it is likely that the price of Oil cake (Press cake) into Tanzania will remain relatively stable at around 0.18 US dollars per kg in 2023 and 2024.Export values for Tanzania oil cake (press cake)
The total values in export for oil cake (press cake) in Tanzania were US$ 27,705, US$ 17,681, US$ 22,477 and US$ 36,116 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 oil cake (press cake) in other countries across Africa: Algeria oil cake (press cake), Angola oil cake (press cake), Botswana oil cake (press cake), Burundi oil cake (press cake), Cameroon oil cake (press cake), Cape Verde oil cake (press cake), Central African Republic oil cake (press cake), Comoros oil cake (press cake), DRC Congo oil cake (press cake) & Benin oil cake (press cake).
Tanzania oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Tanzania exported 209,721 tonnes of oil cake (press cake). In 2019 alone, the demand for Tanzania oil cake (press cake) (processed category) has surged, recording a change of 73.233 pc compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports increased by 114.66% netting the exporter US$36.12m for the year 2019. Tanzania's oil cake (press cake) exports are categorised as:
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of sunflower seeds (HS code 230630)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of groundnut oil (HS code 230500)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil (HS code 230400)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels (HS code 230660)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils (excluding of cotton seeds, linseed, sunflower seeds, rape or colza seeds, coconut or copra, palm nuts or kernels, or from the extraction of soya-bean oil or groundnut oil) (HS code 230690)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of linseed (HS code 230620)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of high erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g" (HS code 230649)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra (HS code 230650)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of cotton seeds (HS code 230610)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of rape or colza seeds (HS code 230640)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 230641)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils from maize "corn" germ (HS code 230670)
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Tanzania oil cake (press cake) export values
In 2019, Tanzania shipped oil cake (press cake) with a value of 36.12m USD, an improvement of 60.70% from 2018's total oil cake (press cake) export of 22.477m USD. The yearly growth in value of Tanzania oil cake (press cake) between 2017 to 2018 was 27.125 per cent.
The annual change in the volume of Tanzania's oil cake (press cake) exports between 2017 and 2019 was 114.66% compared to a variation of 73.233% in the period between 2018 and 2019.
Export markets for Tanzania oil cake (press cake) ( in '000$ )
Tanzania imported 34,856 tonnes of oil cake (press cake) in 2019.