Uganda - Coconut - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Uganda - Coconut - Market Analysis, Forecast, Size, Trends and Insights

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Coconut Price in Uganda - 2021

Contents:

  1. Coconut Price in Uganda (CIF) - 2022
  2. Coconut Price in Uganda (FOB) - 2022
  3. Coconut Imports in Uganda
  4. Coconut Exports in Uganda

Coconut Price in Uganda (CIF) - 2022

The average coconut import price stood at $1,063 per ton in 2022, rising by 42% against the previous year. Overall, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2016 an increase of 149%. As a result, import price reached the peak level of $1,711 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,740 per ton), while the price for Kenya stood at $425 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+126.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Coconut Price in Uganda (FOB) - 2022

In 2022, the average coconut export price amounted to $2,951 per ton, growing by 44% against the previous year. Overall, the export price recorded a strong increase. The pace of growth was the most pronounced in 2015 an increase of 209% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($3,663 per ton), while the average price for exports to Rwanda ($640 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+53.9%), while the prices for the other major destinations experienced more modest paces of growth.

Coconut Imports in Uganda

In 2022, overseas purchases of coconuts decreased by -85.1% to 1.2 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 7.9%. As a result, imports attained the peak of 9.7 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, coconut imports dropped sharply to $1.3K in 2022. Over the period under review, imports faced a dramatic shrinkage. The smallest decline of -4.8% was in 2021.

Import of Coconut in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.53.83.70.8-31.6%
KenyaN/A1.71.90.4-51.5%
China0.2N/A0.2N/A0.0%
United Arab Emirates2.9N/AN/AN/A0%
South Africa3.20.5N/AN/A-84.4%
Others1.30.30.3N/A-52.0%
Total10.06.36.01.3-49.3%

Top Suppliers of Coconut to Uganda in 2022:

  1. Kenya (1021.0 kg)
  2. India (177.0 kg)

Coconut Exports in Uganda

In 2022, exports of coconuts from Uganda contracted remarkably to 694 kg, which is down by -82% on the previous year's figure. Overall, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 271% against the previous year. As a result, the exports attained the peak of 3.8 tons, and then declined sharply in the following year.

In value terms, coconut exports shrank remarkably to $2K in 2022. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 369%. As a result, the exports attained the peak of $7.9K, and then fell markedly in the following year.

Export of Coconut in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/A1506,9111,498216.0%
Switzerland419N/AN/A163-27.0%
SwedenN/A434N/A99.0-52.2%
Bahrain1,285N/A92.062.0-63.6%
RwandaN/AN/AN/A16.00%
Denmark293N/A373N/A12.8%
Others5871,101530210-29.0%
Total2,5841,6857,9062,048-7.5%

Top Export Markets for Coconut from Uganda in 2022:

  1. Norway (409.0 kg)
  2. Switzerland (100.0 kg)
  3. Sweden (60.0 kg)
  4. Bahrain (41.0 kg)
  5. Rwanda (25.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the coconut market in Uganda. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 249 - Coconuts

Country coverage:

  • Uganda

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Uganda
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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