Uganda: Wheat Market 2024

Wheat Market Size in Uganda

The Ugandan wheat market soared to $X in 2022, growing by X% against the previous year. In general, the total consumption indicated measured growth from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Wheat Production in Uganda

In value terms, wheat production rose significantly to $X in 2022 estimated in export price. Overall, production showed buoyant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Wheat production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of wheat in Uganda totaled X tons per ha in 2022, leveling off at the year before. In general, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the average wheat yield reached the maximum level at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of wheat production in Uganda fell modestly to X ha, remaining constant against 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to wheat production attained the maximum at X ha in 2021, and then declined slightly in the following year.

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Wheat Exports

Exports from Uganda

In 2022, wheat exports from Uganda reduced to X tons, waning by X% compared with the previous year's figure. In general, exports showed a dramatic downturn. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wheat exports totaled $X in 2022. Over the period under review, exports faced a sharp reduction. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Kenya (X tons) was the main destination for wheat exports from Uganda, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kenya totaled X%.

In value terms, Kenya ($X) also remains the key foreign market for wheat exports from Uganda.

From 2012 to 2022, the average annual growth rate of value to Kenya stood at X%.

Export Prices by Country

In 2022, the average wheat export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price recorded a measured increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Sudan amounted to X% per year.

Wheat Imports

Imports into Uganda

In 2022, the amount of wheat imported into Uganda soared to X tons, rising by X% against the previous year. Overall, imports posted a pronounced increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, wheat imports soared to $X in 2022. Over the period under review, imports enjoyed a moderate expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Argentina (X tons), Russia (X tons) and Ukraine (X tons) were the main suppliers of wheat imports to Uganda, with a combined X% share of total imports. Germany, Poland, Lithuania and Latvia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wheat suppliers to Uganda were Argentina ($X), Russia ($X) and Ukraine ($X), together accounting for X% of total imports. Germany, Poland, Lithuania and Latvia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Lithuania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wheat import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Lithuania ($X per ton) and Ukraine ($X per ton), while the price for Germany ($X per ton) and Latvia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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