Frozen Salmonoids Price in Uganda - 2022
Contents:
- Frozen Salmonoids Price in Uganda (FOB) - 2022
- Frozen Salmonoids Price in Uganda (CIF) - 2022
- Frozen Salmonoids Exports in Uganda
- Frozen Salmonoids Imports in Uganda
Frozen Salmonoids Price in Uganda (FOB) - 2022
In 2022, the average frozen salmonoids export price amounted to $4,921 per ton, with an increase of 4.5% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 61%. As a result, the export price reached the peak level of $5,493 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($8,892 per ton), while the average price for exports to Burundi ($1,320 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 Rwanda (+27.2%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Salmonoids Price in Uganda (CIF) - 2022
In 2022, the average frozen salmonoids import price amounted to $2,011 per ton, stabilizing at the previous year. Over the period under review, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 25%. The import price peaked at $10,087 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($12,261 per ton), while the price for Kenya ($107 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Salmonoids Exports in Uganda
For the fourth year in a row, Uganda recorded growth in overseas shipments of frozen salmonoids, which increased by 11% to 12 tons in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 46% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, frozen salmonoids exports surged to $61K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 16%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Frozen Salmonoids in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1.4 | 33.5 | 39.8 | 47.1 | 222.8% |
| Rwanda | 0.5 | 10.1 | 10.9 | 11.7 | 186.0% |
| Burundi | 0.1 | 1.8 | 1.9 | 1.9 | 166.8% |
| Saudi Arabia | 37.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 39.2 | 45.4 | 52.5 | 60.8 | 15.8% |
Top Export Markets for Frozen Salmonoids from Uganda in 2022:
- Democratic Republic of the Congo (9.6 tons)
- Burundi (1.4 tons)
- Rwanda (1.3 tons)
Frozen Salmonoids Imports in Uganda
In 2022, approx. 5 tons of frozen salmonoids were imported into Uganda; stabilizing at 2021 figures. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, frozen salmonoids imports totaled $10K in 2022. In general, imports, however, saw a noticeable curtailment. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year.
| Import of Frozen Salmonoids in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.2 | 3.6 | 4.9 | 4.7 | -3.3% |
| Norway | 1.3 | 1.1 | 3.1 | 2.7 | 27.6% |
| Denmark | 2.8 | 0.9 | 0.3 | 1.0 | -29.1% |
| Tanzania | N/A | 0.7 | 0.9 | 0.8 | 6.9% |
| United Arab Emirates | 1.0 | 0.6 | 0.7 | 0.6 | -15.7% |
| South Africa | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Kenya | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 10.7 | 7.1 | 9.9 | 10.0 | -2.2% |
Top Suppliers of Frozen Salmonoids to Uganda in 2022:
- Norway (2621.0 kg)
- Kenya (698.0 kg)
- Denmark (527.0 kg)
- United Kingdom (501.0 kg)
- Tanzania (494.0 kg)
- South Africa (80.0 kg)
- United Arab Emirates (46.0 kg)
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