Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uganda - 2022

Contents:

  1. Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uganda (FOB) - 2022
  2. Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uganda (CIF) - 2022
  3. Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uganda
  4. Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uganda

Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uganda (FOB) - 2022

In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $5,303 per ton, approximately equating the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 9.1% against the previous year. Over the period under review, the average export prices attained the maximum at $5,386 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to -4.1% per year.

Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uganda (CIF) - 2022

The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $525 per ton in 2022, with an increase of 4.7% against the previous year. Overall, the import price, however, showed a abrupt decrease. The growth pace was the most rapid in 2017 when the average import price increased by 32% against the previous year. The import price peaked at $2,702 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -15.1% per year.

Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uganda

In 2022, overseas shipments of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -7.1% to 4.6 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year.

In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds reduced to $24K in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of $26K, and then declined in the following year.

Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda18.322.026.324.19.6%
OthersN/AN/AN/AN/A0%
Total18.322.026.324.19.6%

Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Uganda in 2022:

  1. Rwanda (4.6 tons)

Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uganda

After three years of growth, supplies from abroad of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -4.4% to 26 tons in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 57%.

In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds totaled $14K in 2022. In general, imports saw a relatively flat trend pattern.

Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India12.213.613.613.63.7%
Democratic Republic of the Congo1.4N/AN/AN/A0%
Others0.10.10.10.10.0%
Total13.813.713.713.7-0.2%

Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Uganda in 2022:

  1. India (25.9 tons)

Source: IndexBox Market Intelligence Platform

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