Price for Cereal Groats; Meal and Pellets in Uganda - 2022
Contents:
- Price for Cereal Groats; Meal and Pellets in Uganda (CIF) - 2022
- Price for Cereal Groats; Meal and Pellets in Uganda (FOB) - 2022
- Imports of Cereal Groats; Meal and Pellets in Uganda
- Exports of Cereal Groats; Meal and Pellets in Uganda
Price for Cereal Groats; Meal and Pellets in Uganda (CIF) - 2022
The average import price for cereal groats; meal and pelletses stood at $444 per ton in 2022, declining by -7.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 24%. The import price peaked at $646 per ton in 2014; however, from 2015 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 the United States ($746 per ton), while the price for Rwanda ($401 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Groats; Meal and Pellets in Uganda (FOB) - 2022
In 2022, the average export price for cereal groats; meal and pelletses amounted to $699 per ton, falling by -35.7% against the previous year. Over the period under review, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 88%. Over the period under review, the average export prices attained the peak figure at $1,086 per ton in 2021, and then declined sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($1,020 per ton), while the average price for exports to the United Arab Emirates ($88 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 Kenya (+8.5%), while the prices for the other major destinations experienced a decline.
Imports of Cereal Groats; Meal and Pellets in Uganda
For the fourth consecutive year, Uganda recorded growth in supplies from abroad of cereal groats; meal and pelletses, which increased by 467% to 3K tons in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereal groats; meal and pellets imports soared to $1.3M in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cereal Groats; Meal and Pellets in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 110 | 115 | 213 | 1,024 | 110.4% |
Tanzania | 34.0 | 44.4 | 3.7 | 215 | 84.9% |
United States | 35.8 | 23.8 | 27.8 | 64.7 | 21.8% |
Others | 7.4 | 6.8 | 13.7 | 45.5 | 83.2% |
Total | 187 | 190 | 258 | 1,350 | 93.3% |
Top Suppliers of Cereal Groats; Meal and Pellets to Uganda in 2022:
- Rwanda (2551.3 tons)
- Tanzania (331.0 tons)
- United States (86.7 tons)
Exports of Cereal Groats; Meal and Pellets in Uganda
After two years of decline, shipments abroad of cereal groats; meal and pelletses increased by 197% to 73 tons in 2022. Overall, exports, however, showed a sharp decrease.
In value terms, cereal groats; meal and pellets exports soared to $51K in 2022. In general, exports, however, showed a dramatic setback.
Export of Cereal Groats; Meal and Pellets in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Sudan | 4,353 | 45.4 | 25.7 | 48.1 | -77.7% |
Democratic Republic of the Congo | 23.6 | 0.1 | 0.4 | 1.7 | -58.4% |
Kenya | 105 | 0.7 | 0.4 | 0.8 | -80.3% |
United Arab Emirates | 13.9 | 0.1 | N/A | N/A | -99.3% |
Others | 11.0 | N/A | N/A | 0.2 | -73.7% |
Total | 4,507 | 46.2 | 26.6 | 50.7 | -77.6% |
Top Export Markets for Cereal Groats; Meal and Pellets from Uganda in 2022:
- South Sudan (69.3 tons)
- Democratic Republic of the Congo (1.8 tons)
- Kenya (0.7 tons)
- United Arab Emirates (0.5 tons)
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