Price for Fats and Oils and Their Fractions; of Marine Mammals in Uganda - 2022

Contents:

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

Price for Fats and Oils and Their Fractions; of Marine Mammals in Uganda (CIF) - 2022

In 2022, the average import price for fats and oils and their fractions; of marine mammalses amounted to $6,947 per ton, shrinking by -8.3% against the previous year. Over the period under review, the import price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 329%. Over the period under review, average import prices attained the peak figure at $7,579 per ton in 2021, and then dropped 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 Kenya ($7,100 per ton), while the price for the United Arab Emirates amounted to $6,778 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+34.9%).

Price for Fats and Oils and Their Fractions; of Marine Mammals in Uganda (FOB) - 2022

The average export price for fats and oils and their fractions; of marine mammalses stood at $18,667 per ton in 2022, surging by 118% against the previous year. Overall, the export price recorded a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($26,500 per ton), while the average price for exports to Rwanda amounted to $3,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+17.7%).

Imports of Fats and Oils and Their Fractions; of Marine Mammals in Uganda

In 2022, purchases abroad of fats and oils and their fractions; of marine mammalses decreased by 0% to 19 kg, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a slight setback. The growth pace was the most rapid in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of 23 kg. 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 marine mammalses declined to $132 in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $144, and then reduced in the following year.

Import of Fats and Oils and Their Fractions; of Marine Mammals in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya32.066.079.071.030.4%
United Arab Emirates26.054.065.061.032.9%
Others43.0N/AN/AN/A0%
Total1011201441329.3%

Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to Uganda in 2022:

  1. Kenya (10.0 kg)
  2. United Arab Emirates (9.0 kg)

Exports of Fats and Oils and Their Fractions; of Marine Mammals in Uganda

In 2022, approx. 3 kg of fats and oils and their fractions; of marine mammalses were exported from Uganda; with a decrease of -57.1% compared with the previous year. Overall, exports showed a significant contraction. The smallest decline of -22.2% was in 2021.

In value terms, exports of fats and oils and their fractions; of marine mammalses contracted to $56 in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports attained the peak of $60, and then declined in the following year.

Export of Fats and Oils and Their Fractions; of Marine Mammals in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
TanzaniaN/AN/AN/A53.00%
Rwanda47.053.060.03.0-60.0%
OthersN/AN/AN/AN/A0%
Total47.053.060.056.06.0%

Top Export Markets for Fats and Oils and Their Fractions; of Marine Mammals from Uganda in 2022:

  1. Tanzania (2.0 kg)
  2. Rwanda (1.0 kg)

Source: IndexBox Market Intelligence Platform

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