new zealand edible oil refinery machine for use in tanzania

   
new zealand edible oil refinery machine for use in tanzania
                                               
                                               
                                               
                                               
  • new zealand edible oil refinery machine for use in tanzania
How can the got reduce Tanzania's dependence on imported edible oil?

The GoT wants to reduce Tanzania¡¯s dependence on imported edible oil by boosting domestic oil seed production and downstream oil processing capacity. In 2016 the GoT implemented a 10% tariff on imports of CPO as one mechanism to support this objective, but stakeholder views on the merits of the tariff policy are mixed.

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.

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.

Why should you invest in edible oil in Tanzania?

Investment opportunities introduction: Tanzania has a significant supply gap for edible oil for domestic consumption. This presents an opportunity for investment in local processing for edible oil. The current production capacity is only 36% of total edible oil demand (6, 7).