Frozen Tilapia Fillets Price in Uganda - 2022
Contents:
- Frozen Tilapia Fillets Price in Uganda (FOB) - 2022
- Frozen Tilapia Fillets Price in Uganda (CIF) - 2022
- Frozen Tilapia Fillets Exports in Uganda
- Frozen Tilapia Fillets Imports in Uganda
Frozen Tilapia Fillets Price in Uganda (FOB) - 2022
In 2022, the average frozen tilapia fillets export price amounted to $4,067 per ton, falling by -4.4% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 96%. The export price peaked at $5,498 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($5,822 per ton), while the average price for exports to Rwanda stood at $3,473 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+8.6%).
Frozen Tilapia Fillets Price in Uganda (CIF) - 2022
In 2020, the average frozen tilapia fillets import price amounted to $1,404 per ton, declining by -2.5% against the previous year. Overall, the import price showed a deep contraction. The import price peaked at $5,719 per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Sudan.
From 2013 to 2020, the rate of growth in terms of prices for South Sudan amounted to -2.5% per year.
Frozen Tilapia Fillets Exports in Uganda
After three years of growth, shipments abroad of frozen tilapia fillets decreased by -18.4% to 23 tons in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 139% against the previous year.
In value terms, frozen tilapia fillets exports fell remarkably to $94K in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 369% against the previous year.
| Export of Frozen Tilapia Fillets in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 8.8 | 37.7 | 50.7 | 60.2 | 89.8% |
| Democratic Republic of the Congo | 5.0 | 30.0 | 70.2 | 34.1 | 89.6% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 14.4 | 67.6 | 121 | 94.3 | 87.1% |
Top Export Markets for Frozen Tilapia Fillets from Uganda in 2022:
- Rwanda (17.3 tons)
- Democratic Republic of the Congo (5.9 tons)
Frozen Tilapia Fillets Imports in Uganda
Frozen tilapia fillets imports into Uganda fell sharply to 178 kg in 2020, which is down by -35.3% compared with 2019 figures. Overall, imports continue to indicate a significant decline.
In value terms, frozen tilapia fillets imports contracted rapidly to $250 in 2020. In general, imports showed a dramatic shrinkage.
| Import of Frozen Tilapia Fillets in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| South Sudan | 396 | 250 | -36.9% | ||
| Others | N/A | N/A | 0% | ||
| Total | 396 | 250 | -36.9% | ||
Top Suppliers of Frozen Tilapia Fillets to Uganda in 2022:
- South Sudan (178.0 kg)
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