Milled Rice Price in Uganda - 2022
Contents:
- Milled Rice Price in Uganda (CIF) - 2022
- Milled Rice Price in Uganda (FOB) - 2022
- Milled Rice Imports in Uganda
- Milled Rice Exports in Uganda
Milled Rice Price in Uganda (CIF) - 2022
In 2022, the average milled rice import price amounted to $443 per ton, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2017 an increase of 31% against the previous year. As a result, import price reached the peak level of $496 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +6.5% per year.
Milled Rice Price in Uganda (FOB) - 2022
In 2022, the average milled rice export price amounted to $580 per ton, surging by 2.3% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 24%. The export price peaked at $604 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +14.8% per year.
Milled Rice Imports in Uganda
For the fourth consecutive year, Uganda recorded growth in purchases abroad of semi-milled or wholly milled (bleached) rice, which increased by 0.7% to 241K tons in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 215% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, milled rice imports expanded remarkably to $107M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 133% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Milled Rice in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.2 | 0.2 | 0.1 | 107 | 711.8% |
| Tanzania | 16.6 | 72.2 | 94.5 | N/A | 138.6% |
| Pakistan | 5.8 | 7.6 | 0.1 | N/A | -86.9% |
| Others | 13.3 | 3.9 | 0.6 | N/A | -78.8% |
| Total | 36.0 | 83.8 | 95.3 | 107 | 43.8% |
Top Suppliers of Milled Rice to Uganda in 2022:
- United Arab Emirates (241.0K tons)
Milled Rice Exports in Uganda
In 2022, the amount of semi-milled or wholly milled (bleached) rice exported from Uganda expanded to 6.6K tons, growing by 2.2% against the previous year's figure. Over the period under review, exports, however, continue to indicate a significant decrease. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, the exports attained the peak of 21K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, milled rice exports reached $3.9M in 2022. In general, exports, however, saw a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 13%. As a result, the exports attained the peak of $11M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Milled Rice in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 3.9 | 0% |
| Kenya | 0.3 | 0.1 | 0.3 | N/A | 0.0% |
| South Sudan | 6.1 | 4.7 | 0.4 | N/A | -74.4% |
| Democratic Republic of the Congo | 3.5 | 6.4 | 3.0 | N/A | -7.4% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 9.9 | 11.1 | 3.7 | 3.9 | -26.7% |
Top Export Markets for Milled Rice from Uganda in 2022:
- United Arab Emirates (6.6K tons)
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