Cereals; Millet, Seed Price in Uganda - 2022
Contents:
- Cereals; Millet, Seed Price in Uganda (CIF) - 2022
- Cereals; Millet, Seed Price in Uganda (FOB) - 2022
- Cereals; Millet, Seed Imports in Uganda
- Cereals; Millet, Seed Exports in Uganda
Cereals; Millet, Seed Price in Uganda (CIF) - 2022
The average cereals; millet, seed import price stood at $776 per ton in 2022, picking up by 36% against the previous year. Over the period under review, the import price showed significant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 93% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
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 Kenya ($3,908 per ton), while the price for Tanzania ($730 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Millet, Seed Price in Uganda (FOB) - 2022
The average cereals; millet, seed export price stood at $93 per ton in 2022, declining by -16.9% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 42% against the previous year. The export price peaked at $313 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($100 per ton), while the average price for exports to Kenya ($16 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 Burundi (+43.2%), while the prices for the other major destinations experienced mixed trend patterns.
Cereals; Millet, Seed Imports in Uganda
For the fourth year in a row, Uganda recorded growth in supplies from abroad of cereals; millet, seeds, which increased by 71% to 6.5 tons in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; millet, seed imports skyrocketed to $5.1K in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Millet, Seed in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 0.8 | 1.1 | 2.1 | 4.7 | 80.4% |
| India | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Others | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Total | 0.9 | 1.4 | 2.2 | 5.1 | 78.3% |
Top Suppliers of Cereals; Millet, Seed to Uganda in 2022:
- Tanzania (6.4 tons)
Cereals; Millet, Seed Exports in Uganda
In 2022, approx. 52 tons of cereals; millet, seeds were exported from Uganda; picking up by 6.6% compared with the previous year. The total export volume increased at an average annual rate of +13.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 47% against the previous year. As a result, the exports reached the peak of 53 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereals; millet, seed exports shrank to $4.9K in 2022. Overall, exports, however, saw a abrupt contraction.
| Export of Cereals; Millet, Seed in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 5.8 | 3.5 | 3.4 | 3.7 | -13.9% |
| Rwanda | 0.9 | 0.8 | 0.8 | 1.0 | 3.6% |
| South Sudan | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Kenya | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Democratic Republic of the Congo | N/A | 1.6 | 1.1 | N/A | -31.3% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 7.0 | 6.2 | 5.5 | 4.9 | -11.2% |
Top Export Markets for Cereals; Millet, Seed from Uganda in 2022:
- Tanzania (37.1 tons)
- Rwanda (11.0 tons)
- Kenya (2.4 tons)
- South Sudan (2.0 tons)
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