Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uganda - 2022

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uganda (CIF) - 2022
  2. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uganda (FOB) - 2022
  3. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uganda
  4. Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uganda

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uganda (CIF) - 2022

The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $1,834 per ton in 2022, rising by 43% against the previous year. Overall, the import price showed resilient growth. The most prominent rate of growth was recorded in 2016 an increase of 85% against the previous year. The import price peaked at $3,170 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,231 per ton), while the price for China amounted to $673 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.4%).

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uganda (FOB) - 2022

The average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $938 per ton in 2022, standing approx. at the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 64%. Over the period under review, the average export prices attained the maximum at $963 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Rwanda amounted to +0.3% per year.

Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uganda

In 2022, approx. 888 kg of fats and oils and their fractions; of fish, (excluding liver-oils)s were imported into Uganda; jumping by 72% compared with 2021 figures. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. As a result, imports reached the peak of 1.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s skyrocketed to $1.6K in 2022. In general, imports, however, saw a deep slump.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,21436.05411,4596.3%
China2951.066.0150-20.2%
United Arab Emirates49.01.09.020.0-25.8%
NorwayN/A2,531N/AN/A0%
Egypt601N/AN/AN/A0%
OthersN/A29.045.0N/A55.2%
Total2,1592,5986611,629-9.0%

Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Uganda in 2022:

  1. United States (654.0 kg)
  2. China (223.0 kg)
  3. United Arab Emirates (11.0 kg)

Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uganda

After three years of growth, overseas shipments of fats and oils and their fractions; of fish, (excluding liver-oils)s decreased by -6.6% to 113 kg in 2022. The total export volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, the exports reached the peak of 121 kg, and then declined in the following year.

In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s reduced to $106 in 2022. The total export value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year.

Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda87.099.01121066.8%
OthersN/AN/AN/AN/A0%
Total87.099.01121066.8%

Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Uganda in 2022:

  1. Rwanda (113.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Fats and oils and their fractions; of fish, (excluding liver-oils) - Uganda