Price for Frozen Boneless Cuts of Bovine Meat in Uganda - 2022
Contents:
- Price for Frozen Boneless Cuts of Bovine Meat in Uganda (FOB) - 2022
- Price for Frozen Boneless Cuts of Bovine Meat in Uganda (CIF) - 2022
- Exports of Frozen Boneless Cuts of Bovine Meat in Uganda
- Imports of Frozen Boneless Cuts of Bovine Meat in Uganda
Price for Frozen Boneless Cuts of Bovine Meat in Uganda (FOB) - 2022
The average export price for frozen boneless cuts of bovine meat stood at $2,029 per ton in 2022, declining by -37% against the previous year. In general, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 169% against the previous year. Over the period under review, the average export prices reached the peak figure at $8,874 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($8,474 per ton), while the average price for exports to Vietnam ($4,459 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 Hong Kong SAR (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Boneless Cuts of Bovine Meat in Uganda (CIF) - 2022
The average import price for frozen boneless cuts of bovine meat stood at $3,441 per ton in 2022, picking up by 79% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 80%. The import price peaked at $5,837 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($10,415 per ton), while the price for Denmark ($1,329 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+72.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Boneless Cuts of Bovine Meat in Uganda
In 2022, approx. 86 tons of frozen boneless cuts of bovine meat were exported from Uganda; jumping by 142% against the previous year. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen boneless cuts of bovine meat surged to $174K in 2022. In general, exports saw a resilient increase. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year. As a result, the exports reached the peak of $232K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Frozen Boneless Cuts of Bovine Meat in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 80.8 | 94.7 | 50.8 | 139 | 19.8% |
| South Sudan | 30.8 | 3.5 | 8.2 | 22.4 | -10.1% |
| Sudan | 6.7 | 2.9 | 2.3 | 6.5 | -1.0% |
| Hong Kong SAR | N/A | 31.5 | 22.4 | N/A | -28.9% |
| Barbados | N/A | 77.7 | N/A | N/A | 0% |
| China | N/A | 15.4 | N/A | N/A | 0% |
| Others | 22.2 | 6.1 | 30.5 | 5.7 | -36.4% |
| Total | 141 | 232 | 114 | 174 | 7.3% |
Top Export Markets for Frozen Boneless Cuts of Bovine Meat from Uganda in 2022:
- Vietnam (31.3 tons)
- South Sudan (3.1 tons)
- Sudan (0.8 tons)
Imports of Frozen Boneless Cuts of Bovine Meat in Uganda
In 2022, the amount of frozen boneless cuts of bovine meat imported into Uganda soared to 17 tons, growing by 167% against 2021. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 7,962%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of frozen boneless cuts of bovine meat surged to $57K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 3,907% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Frozen Boneless Cuts of Bovine Meat in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 0.6 | 1.9 | 5.4 | 5.4 | 108.0% |
| Denmark | 2.5 | 5.1 | 4.5 | 4.3 | 19.8% |
| Italy | 1.8 | 2.5 | 1.5 | 1.0 | -17.8% |
| China | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | 3.7 | -9.4 | 0.3 | 46.3 | 132.2% |
| Total | 8.7 | 0.3 | 11.9 | 57.1 | 87.2% |
Top Suppliers of Frozen Boneless Cuts of Bovine Meat to Uganda in 2022:
- Denmark (3.2 tons)
- Kenya (1.6 tons)
- Italy (0.1 tons)
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