Frozen Tilapias Price in Uganda - 2022
Contents:
- Frozen Tilapias Price in Uganda (FOB) - 2022
- Frozen Tilapias Price in Uganda (CIF) - 2022
- Frozen Tilapias Exports in Uganda
- Frozen Tilapias Imports in Uganda
Frozen Tilapias Price in Uganda (FOB) - 2022
In 2022, the average frozen tilapias export price amounted to $635 per ton, falling by -18.4% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 63%. As a result, the export price attained the peak level of $1,369 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -2.6% per year.
Frozen Tilapias Price in Uganda (CIF) - 2022
In 2022, the average frozen tilapias import price amounted to $1,285 per ton, which is down by -14% against the previous year. In general, the import price, however, saw significant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 180% against the previous year. Over the period under review, average import prices hit record highs at $1,494 per ton in 2021, and then shrank in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($1,500 per ton), while the price for Democratic Republic of the Congo stood at $1,283 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+46.0%).
Frozen Tilapias Exports in Uganda
In 2022, the amount of frozen tilapias exported from Uganda expanded slightly to 230 tons, picking up by 4.8% against the previous year's figure. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 311%. As a result, the exports attained the peak of 241 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, frozen tilapias exports reduced to $146K in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 52%.
| Export of Frozen Tilapias in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 24.0 | 121 | 168 | 146 | 82.5% |
| Saudi Arabia | 55.9 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.6 | 3.3 | 0.4 | 26.0% |
| Total | 80.1 | 121 | 171 | 146 | 22.2% |
Top Export Markets for Frozen Tilapias from Uganda in 2022:
- Democratic Republic of the Congo (229.4 tons)
Frozen Tilapias Imports in Uganda
In 2022, after three years of growth, there was significant decline in purchases abroad of frozen tilapias, when their volume decreased by -25.4% to 3.1 tons. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 110%.
In value terms, frozen tilapias imports dropped dramatically to $4K in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 252% against the previous year. As a result, imports reached the peak of $6.2K, and then plummeted in the following year.
| Import of Frozen Tilapias in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 0.3 | 1.5 | 5.7 | 3.9 | 135.1% |
| South Africa | 0.2 | 0.3 | 0.4 | N/A | 41.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 1.8 | 6.2 | 4.0 | 100.0% |
Top Suppliers of Frozen Tilapias to Uganda in 2022:
- Democratic Republic of the Congo (3.0 tons)
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