large peanut oil refinery project in tanzania

   
large peanut oil refinery project in tanzania
                                               
                                               
                                               
                                               
  • large peanut oil refinery project in tanzania
  • Does Tanzania have a shortage of edible oil?
  • While the local and regional market for edible oils is large and growing, local supply in Tanzania is not keeping up. Given a shortfall of 360K metric tons, Tanzania imports over 60% of the country¡¯s cooking oil. This costs USD 250M in palm oil imports every year, making it the sector with the second highest foreign exchange transactions by value.
  • Where does Tanzania import refined petroleum?
  • Tanzania imports Refined Petroleum primarily from: India , United Arab Emirates , Saudi Arabia , Switzerland , and Oman. The fastest growing import markets in Refined Petroleum for Tanzania between 2017 and 2018 were India ($278M), United Arab Emirates ($251M), and Saudi Arabia ($40.1M). See Figure 1 below.
  • Does Tanzania import cooking oil?
  • Given a shortfall of 360K metric tons, Tanzania imports over 60% of the country¡¯s cooking oil. This costs USD 250M in palm oil imports every year, making it the sector with the second highest foreign exchange transactions by value. However, the country has a large and growing refined sunflower oil industry that can substitute these imports.
  • How can Tanzania expand the edible oil industry?
  • Low smallholder participation in oil Source: Icons from Noun Project 4 In order to expand the edible oils industry, Tanzania should focus first on the sunflower value chain, as it is best positioned to serve strong demand given current production dynamics Source: IHS Markit; FAOSTAT; Dalberg analysis from calculations