Uganda: Processed Meat Market 2024

Processed Meat Market Size in Uganda

The Ugandan processed meat market stood at $X in 2022, rising by X% against the previous year. In general, consumption enjoyed a buoyant increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Processed Meat Production in Uganda

In value terms, processed meat production stood at $X in 2022 estimated in export price. In general, production posted a perceptible expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Processed Meat Exports

Exports from Uganda

In 2022, overseas shipments of processed meat were finally on the rise to reach X tons for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, exports, however, saw a precipitous contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, processed meat exports contracted modestly to $X in 2022. Overall, exports, however, showed a precipitous setback. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X tons) was the main destination for processed meat exports from Uganda, with a X% share of total exports. Moreover, processed meat exports to Vietnam exceeded the volume sent to the second major destination, South Sudan (X tons), fivefold. Somalia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (X% per year) and Somalia (X% per year).

In value terms, Vietnam ($X), Somalia ($X) and South Sudan ($X) were the largest markets for processed meat exported from Uganda worldwide, together accounting for X% of total exports.

South Sudan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average processed meat export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price saw a pronounced decline. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X 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 Somalia ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 South Sudan (X%), while the prices for the other major destinations experienced a decline.

Processed Meat Imports

Imports into Uganda

In 2022, after four years of growth, there was significant decline in purchases abroad of processed meat, when their volume decreased by X% to X tons. In general, total imports indicated a buoyant increase from 2012 to 2022: its volume 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, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2013 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 fell in the following year.

In value terms, processed meat imports shrank to $X in 2022. Over the period under review, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of processed meat to Uganda, with a X% share of total imports. Moreover, processed meat imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Kenya (X tons), eightfold.

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

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

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (X% per year) and Portugal (X% per year).

Import Prices by Country

The average processed meat import price stood at $X per ton in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 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 Kenya ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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