Uganda: Market for Butter And Dairy Spreads 2024

Market Size for Butter And Dairy Spreads in Uganda

After two years of growth, the Ugandan butter and dairy spreads market decreased by X% to $X in 2022. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Butter And Dairy Spreads in Uganda

In value terms, butter and dairy spreads production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Butter And Dairy Spreads

Exports from Uganda

In 2022, shipments abroad of butter and dairy spreads was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, butter and dairy spreads exports soared to $X in 2022. In general, exports recorded strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for butter and dairy spreads exports from Uganda, accounting for a X% share of total exports. Moreover, butter and dairy spreads exports to the United Arab Emirates exceeded the volume sent to the second major destination, Sudan (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for butter and dairy spreads exports from Uganda, comprising X% of total exports. The second position in the ranking was held by Sudan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at X%.

Export Prices by Country

In 2022, the average butter and dairy spreads export price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to the United Arab Emirates stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Butter And Dairy Spreads

Imports into Uganda

In 2022, butter and dairy spreads imports into Uganda soared to X tons, jumping by X% compared with the year before. Overall, imports saw a tangible increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, butter and dairy spreads imports soared to $X in 2022. Over the period under review, imports saw a noticeable increase. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main butter and dairy spreads supplier to Uganda, accounting for a X% share of total imports. It was followed by France (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and South Africa (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of butter and dairy spreads to Uganda, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and South Africa (X% per year).

Import Prices by Country

The average butter and dairy spreads import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a 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 South Africa ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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