Tanzania Agribusiness Q2 2018
After a number of revisions being made to our forecasts over the past few quarters, our forecasts for production andconsumption in the Tanzanian agribusiness sector remain unchanged in this update. With our forecasts consolidating, our view onthe agribusiness sector in Tanzania remains broadly positive, with all of our output and demand forecasts for the four crops we trackset to see growth across our newly-extended five-year forecast period through to 2022. We expect that an improvement in weatherconditions will prove positive for agricultural yields, meaning earnings from Tanzania’s main export crops such as coffee are likely torise. Renewed government support for the coffee sector has provided hope that it can recover over the longer term. The cornindustry, meanwhile, will continue to benefit - albeit more modestly - from solid demand from domestic and export markets, whilerising income levels will stimulate rice consumption. The Tanzanian sugar sector will see limited production growth in the next fewyears, largely due to the fact that Tanzania scores poorly on productivity measures compared to its regional neighbours.
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