Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Uganda - 2022

Contents:

1. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Uganda (FOB) - 2022
2. Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Uganda

Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Uganda (FOB) - 2022

The average export price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $5,388 per ton in 2022, rising by 14% against the previous year. In general, the export price saw a resilient increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +150.4% per year.

Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Uganda

For the fourth consecutive year, Uganda recorded growth in shipments abroad of fresh or chilled carcasses and half-carcasses of bovine meat, which increased by 193% to 15 tons in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 217% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat soared to $80K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Uganda in 2022:

1. Jordan (4.0 tons)

Source: IndexBox Market Intelligence Platform