Price for Buckwheat, Millet and Canary Seed; Other Cereals in Uganda - 2022

Contents:

  1. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Uganda (FOB) - 2022
  2. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Uganda (CIF) - 2022
  3. Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Uganda
  4. Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Uganda

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Uganda (FOB) - 2022

In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $671 per ton, surging by 10% against the previous year. Over the period under review, the export price saw buoyant growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 81%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +8.9% per year.

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Uganda (CIF) - 2022

In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $1,074 per ton, with an increase of 298% against the previous year. In general, the import price showed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +15.7% per year.

Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Uganda

In 2022, overseas shipments of buckwheat, millet and canary seed; other cerealses decreased by -14.3% to 160 tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted a tangible increase. The most prominent rate of growth was recorded in 2020 with an increase of 5,668% against the previous year. As a result, the exports reached the peak of 8.1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of buckwheat, millet and canary seed; other cerealses reduced to $108K in 2022. Over the period under review, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 3,365% against the previous year. As a result, the exports attained the peak of $3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Buckwheat, Millet and Canary Seed; Other Cereals in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A0.1N/A1083186.3%
Kenya78.82,840110N/A18.1%
Others6.61193.6N/A-26.1%
Total85.42,9591141088.1%

Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Uganda in 2022:

  1. United Arab Emirates (160.3 tons)

Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Uganda

In 2022, after three years of growth, there was significant decline in overseas purchases of buckwheat, millet and canary seed; other cerealses, when their volume decreased by -74.7% to 43 tons. Over the period under review, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 10%. As a result, imports attained the peak of 171 tons, and then reduced sharply in the following year.

In value terms, imports of buckwheat, millet and canary seed; other cerealses amounted to $46K in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 3%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Buckwheat, Millet and Canary Seed; Other Cereals in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates6.54.54.846.492.5%
China2.86.40.2N/A-73.3%
India23.713.90.2N/A-90.8%
Tanzania10.416.537.7N/A90.4%
Others1.24.53.2N/A63.3%
Total44.545.846.146.41.4%

Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Uganda in 2022:

  1. United Arab Emirates (43.2 tons)

Source: IndexBox Market Intelligence Platform

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