Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Uganda - 2022

Contents:

1. Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Uganda (FOB) - 2022
2. Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Uganda (CIF) - 2022
3. Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Uganda
4. Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Uganda

Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Uganda (FOB) - 2022

In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $303 per ton, falling by -1.8% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for flour and meal; of sago, roots or tubers of heading no. 0714 increased by +43.1% against 2018 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 34%. Over the period under review, the average export prices reached the maximum at $309 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($365 per ton), while the average price for exports to Burundi ($100 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Uganda (CIF) - 2022

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $867 per ton, jumping by 57% against the previous year. In general, the import price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2018 an increase of 60%. As a result, import price attained the peak level of $1,730 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 India ($7,424 per ton), while the price for Tanzania ($357 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Uganda

In 2022, after two years of decline, there was growth in overseas shipments of flour and meal; of sago, roots or tubers of heading no. 0714, when their volume increased by 1.8% to 2.3K tons. In general, exports, however, recorded a significant decrease.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 dropped slightly to $701K in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 0.1%.

Top Export Markets for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 from Uganda in 2022:

1. Democratic Republic of the Congo (1181.3 tons)
2. Kenya (656.1 tons)
3. South Sudan (396.9 tons)

Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Uganda

In 2022, overseas purchases of flour and meal; of sago, roots or tubers of heading no. 0714 were finally on the rise to reach 637 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a dramatic downturn.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 skyrocketed to $552 in 2022. Over the period under review, imports, however, saw a precipitous descent.

Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Uganda in 2022:

1. Tanzania (582.0 kg)
2. India (33.0 kg)
3. Kenya (15.0 kg)
4. Rwanda (7.0 kg)

Source: IndexBox Market Intelligence Platform