Uganda: Cream Fresh Market 2024

Cream Fresh Market Size in Uganda

The Ugandan cream fresh market fell to $X in 2022, declining by X% against the previous year. In general, consumption continues to indicate a abrupt downturn. Cream fresh consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Cream Fresh Production in Uganda

In value terms, cream fresh production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a deep setback. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Cream Fresh Exports

Exports from Uganda

In 2022, overseas shipments of cream fresh decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, cream fresh exports declined to $X in 2022. Over the period under review, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for cream fresh exports from Uganda, accounting for a X% share of total exports. It was followed by Tanzania (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Rwanda (X% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for cream fresh exports from Uganda, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Rwanda (X% per year).

Export Prices by Country

In 2022, the average cream fresh export price amounted to $X per ton, jumping by X% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Tanzania ($X 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 Rwanda (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cream Fresh Imports

Imports into Uganda

In 2022, purchases abroad of cream fresh decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a perceptible increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then dropped dramatically in the following year.

In value terms, cream fresh imports skyrocketed to $X in 2022. In general, imports, however, recorded a strong increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

Kenya (X tons), the United Arab Emirates (X tons) and Denmark (X tons) were the main suppliers of cream fresh imports to Uganda, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Denmark ($X) and Kenya ($X) appeared to be the largest cream fresh suppliers to Uganda, together accounting for X% of total imports.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cream fresh import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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