Price for Cereal Groats and Meal; of Wheat in Uganda - 2022

Contents:

  1. Price for Cereal Groats and Meal; of Wheat in Uganda (CIF) - 2022
  2. Price for Cereal Groats and Meal; of Wheat in Uganda (FOB) - 2022
  3. Imports of Cereal Groats and Meal; of Wheat in Uganda
  4. Exports of Cereal Groats and Meal; of Wheat in Uganda

Price for Cereal Groats and Meal; of Wheat in Uganda (CIF) - 2022

The average import price for cereal groats and meal; of wheats stood at $509 per ton in 2022, with a decrease of -15.6% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 43%. The import price peaked at $602 per ton in 2021, and then declined dramatically in the following year.

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 the United States ($1,650 per ton), while the price for Malaysia ($353 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats and Meal; of Wheat in Uganda (FOB) - 2022

In 2022, the average export price for cereal groats and meal; of wheats amounted to $768 per ton, flattening at the previous year. Overall, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 76%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for South Sudan amounted to +68.3% per year.

Imports of Cereal Groats and Meal; of Wheat in Uganda

In 2022, the amount of cereal groats and meal; of wheats imported into Uganda skyrocketed to 228 tons, picking up by 22% on 2021. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 759% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of cereal groats and meal; of wheats rose modestly to $116K in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 817% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Cereal Groats and Meal; of Wheat in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.025.5109110232.2%
Malaysia0.40.91.61.865.1%
Others0.610.81.74.392.8%
Total4.137.2112116204.7%

Top Suppliers of Cereal Groats and Meal; of Wheat to Uganda in 2022:

  1. India (218.6 tons)
  2. Malaysia (5.2 tons)

Exports of Cereal Groats and Meal; of Wheat in Uganda

In 2022, exports of cereal groats and meal; of wheats from Uganda reduced rapidly to 6.7 tons, falling by -22% on 2021. Overall, exports recorded a sharp descent. The smallest decline of -22% was in 2021.

In value terms, exports of cereal groats and meal; of wheats contracted sharply to $5.2K in 2022. Over the period under review, exports saw a dramatic shrinkage.

Export of Cereal Groats and Meal; of Wheat in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda61.78.46.65.2-56.2%
OthersN/AN/AN/AN/A0%
Total61.78.46.65.2-56.2%

Top Export Markets for Cereal Groats and Meal; of Wheat from Uganda in 2022:

  1. Rwanda (6.7 tons)

Source: IndexBox Market Intelligence Platform

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