Price for Food Preparations Not Elsewhere Specified or Included in Uganda - 2022

Contents:

  1. Price for Food Preparations Not Elsewhere Specified or Included in Uganda (CIF) - 2022
  2. Price for Food Preparations Not Elsewhere Specified or Included in Uganda (FOB) - 2022
  3. Imports of Food Preparations Not Elsewhere Specified or Included in Uganda
  4. Exports of Food Preparations Not Elsewhere Specified or Included in Uganda

Price for Food Preparations Not Elsewhere Specified or Included in Uganda (CIF) - 2022

The average import price for food preparations not elsewhere specified or included stood at $3,968 per ton in 2022, declining by -8.5% against the previous year. Over the period under review, the import price saw a slight reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 32%. As a result, import price reached the peak level of $4,659 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($9,188 per ton), while the price for Rwanda ($1,340 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Food Preparations Not Elsewhere Specified or Included in Uganda (FOB) - 2022

In 2022, the average export price for food preparations not elsewhere specified or included amounted to $2,552 per ton, falling by -15.3% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for food preparations not elsewhere specified or included increased by +13.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 46%. As a result, the export price attained the peak level of $3,032 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

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 Democratic Republic of the Congo amounted to +13.3% per year.

Imports of Food Preparations Not Elsewhere Specified or Included in Uganda

In 2022, imports of food preparations not elsewhere specified or included into Uganda dropped modestly to 2.5K tons, waning by -4.6% against 2021. Over the period under review, imports showed a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year.

In value terms, imports of food preparations not elsewhere specified or included shrank to $10M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $11M, and then contracted in the following year.

Import of Food Preparations Not Elsewhere Specified or Included in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,3462,0343,1422,8446.6%
Kenya1,5918572,1411,220-8.5%
United Arab Emirates2463042113067.5%
South Africa2212632292706.9%
India296176286252-5.2%
Ireland76.7177N/A22442.9%
Turkey15788.91951804.7%
China11024.517015411.9%
France25.360768.173.942.9%
Others4,1864,0034,9794,4542.1%
Total9,2558,53411,4229,9782.5%

Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Uganda in 2022:

  1. Kenya (719.5 tons)
  2. Germany (527.4 tons)
  3. United Arab Emirates (140.9 tons)
  4. China (41.0 tons)
  5. South Africa (39.2 tons)
  6. Turkey (35.5 tons)
  7. Ireland (30.5 tons)
  8. India (27.4 tons)
  9. France (15.4 tons)

Exports of Food Preparations Not Elsewhere Specified or Included in Uganda

In 2022, shipments abroad of food preparations not elsewhere specified or included increased by 14% to 520 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a drastic downturn.

In value terms, exports of food preparations not elsewhere specified or included reduced slightly to $1.3M in 2022. Overall, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 7.7%.

Export of Food Preparations Not Elsewhere Specified or Included in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A5.56.81,3261452.7%
Kenya40.845.3156N/A95.5%
Belgium74.9235N/AN/A213.8%
South Sudan1,21122266.7N/A-76.5%
Democratic Republic of the Congo568303731N/A13.4%
Central African Republic238126N/AN/A-47.1%
Netherlands1.298.065.7N/A639.9%
Others391242350N/A-5.4%
Total2,5251,2771,3751,326-19.3%

Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Uganda in 2022:

  1. United Arab Emirates (519.7 tons)

Source: IndexBox Market Intelligence Platform

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