Tanzanian coffee beans price per kilogram market situation

Tanzanian coffee beans price per kilogram of Jura coffee machine market situation

Coffee is one of the most popular drinks in the world, and Tanzania is a famous coffee producing country. Tanzanian coffee beans are famous for their unique flavor and high quality. In this article, we will explore the market situation of Tanzanian coffee beans price per kilogram.

Historical Trends

Tanzanian coffee bean prices have experienced fluctuations over the past few years. According to data, the country's high-quality Arabica varieties (AA grade) exported were sold at an average price of around $25 per kilogram between 2017 and 2019. However, after the outbreak of the coronavirus pandemic in early 2020, the global economy was hit hard, resulting in a drop in demand and supply chain disruptions. This has had a huge impact on agricultural product markets around the world, including Tanzanian coffee beans.

Between the beginning of 2020 and the end of 2021, the price of Tanzanian coffee beans fell sharply due to the impact of the new coronavirus. According to data, the average selling price of Tanzanian coffee beans in 2020 was around US$15, which was lower than in previous years. This was mainly due to weak global market demand and supply chain disruptions.

Current Market Conditions

Currently, as the global economy gradually recovers and vaccination progresses smoothly, demand for coffee beans is picking up. Industry experts predict that global demand for high-quality coffee beans will continue to grow during 2022 and 2023. This will help boost Tanzanian coffee bean prices.

However, at this stage, as the coronavirus is still spreading around the world and some countries are still facing supply chain problems, Tanzanian coffee beans are still relatively cheap. According to the latest data, the country's exported high-quality Arabica varieties (AA grade) sold for an average of about US$18 per kilogram from the end of 2021 to the beginning of 2022.

Price Factor

Tanzanian coffee bean prices are affected by a variety of factors. First, the global economic situation plays a major role in the demand for coffee beans. When global economic growth slows or declines, people's demand for high-value goods usually decreases, which also includes high-quality coffee beans.

Secondly, climate conditions are crucial to coffee production and quality. Drought, floods or other extreme weather events may lead to reduced coffee production or reduced quality, thus affecting prices.

In addition, government policies and regulations can also have an impact on Tanzanian coffee bean prices. For example, in some cases, the government may impose export restrictions or levy additional taxes to control market supply and stabilize the domestic market.

Future Outlook

As the global economy gradually recovers and consumers' demand for high-quality food increases, Tanzanian coffee bean prices are expected to gradually recover. However, there are still uncertainties in the short term, such as the spread of the new coronavirus and supply chain issues. Therefore, investors and farmers need to pay close attention to market dynamics and formulate corresponding strategies.

In conclusion, the market situation of Tanzanian coffee bean price per kilogram is affected by many factors. Historical trends show the characteristics of price fluctuations, and the current market situation is still relatively sluggish. However, with the global economic recovery and the rebound in demand, the price of Tanzanian coffee beans is expected to gradually recover in the future.