Frozen Whole Chicken Price in Uganda - 2022
Contents:
- Frozen Whole Chicken Price in Uganda (FOB) - 2022
- Frozen Whole Chicken Price in Uganda (CIF) - 2022
- Frozen Whole Chicken Exports in Uganda
- Frozen Whole Chicken Imports in Uganda
Frozen Whole Chicken Price in Uganda (FOB) - 2022
In 2022, the average frozen whole chicken export price amounted to $2,994 per ton, surging by 21% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen whole chicken export price increased by +26.3% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the maximum at $3,290 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($2,518 per ton), while the average price for exports to Burundi totaled $1,002 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+3.4%).
Frozen Whole Chicken Price in Uganda (CIF) - 2022
The average frozen whole chicken import price stood at $1,273 per ton in 2022, growing by 27% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 59% against the previous year. As a result, import price reached the peak level of $1,895 per ton. From 2014 to 2022, the average 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 Kenya ($1,454 per ton), while the price for Belgium ($763 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Whole Chicken Exports in Uganda
For the fourth consecutive year, Uganda recorded growth in shipments abroad of frozen whole chickens, which increased by 175% to 1.7K tons in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen whole chicken exports skyrocketed to $5M in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Whole Chicken in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 395 | 1,081 | 1,402 | 1,296 | 48.6% |
| Burundi | 46.6 | 61.2 | 103 | 30.2 | -13.5% |
| Others | 41.4 | 4.2 | 3.2 | 3,676 | 346.1% |
| Total | 483 | 1,146 | 1,508 | 5,002 | 118.0% |
Top Export Markets for Frozen Whole Chicken from Uganda in 2022:
- Kenya (514.7 tons)
- Burundi (30.2 tons)
Frozen Whole Chicken Imports in Uganda
For the fourth consecutive year, Uganda recorded growth in supplies from abroad of frozen whole chickens, which increased by 8.3% to 50 tons in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 95% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, frozen whole chicken imports surged to $64K in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 110%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Frozen Whole Chicken in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 8.4 | 17.3 | 29.0 | 23.5 | 40.9% |
| Kenya | 2.0 | 4.2 | 7.1 | 7.1 | 52.5% |
| Brazil | 2.2 | 3.8 | 5.2 | 3.5 | 16.7% |
| Thailand | 0.9 | 3.4 | 4.7 | 3.2 | 52.6% |
| Others | 0.1 | 0.1 | N/A | 26.3 | 540.7% |
| Total | 13.7 | 28.7 | 46.2 | 63.6 | 66.8% |
Top Suppliers of Frozen Whole Chicken to Uganda in 2022:
- Belgium (30.8 tons)
- Kenya (4.9 tons)
- Brazil (4.3 tons)
- Thailand (4.2 tons)
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