Frozen Strawberries Price in Uganda - 2021
Contents:
Frozen Strawberries Price in Uganda (CIF) - 2022
In 2022, the average frozen strawberries import price amounted to $508 per ton, declining by -36.9% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 86%. The import price peaked at $1,607 per ton in 2018; however, from 2019 to 2022, 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 Denmark ($896 per ton), while the price for Kenya ($440 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.7%), while the prices for the other major suppliers experienced a decline.
Frozen Strawberries Imports in Uganda
In 2022, imports of frozen strawberrieses into Uganda soared to 46 tons, picking up by 44% compared with 2021. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 69%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, frozen strawberries imports shrank to $23K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +41.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 28%.
Import of Frozen Strawberries in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 0.2 | 0.9 | 1.5 | 15.8 | 329.1% |
Belgium | 0.1 | 6.4 | 7.3 | 4.8 | 263.4% |
Denmark | 11.1 | 9.9 | 5.8 | 1.2 | -52.4% |
Others | 5.1 | 3.9 | 11.0 | 1.6 | -32.1% |
Total | 16.5 | 21.1 | 25.6 | 23.4 | 12.4% |
Top Suppliers of Frozen Strawberries to Uganda in 2022:
- Kenya (35.9 tons)
- Belgium (8.3 tons)
- Denmark (1.3 tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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