Price for Cereals; Maize (Corn), Other than Seed in Uganda - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Uganda (FOB) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Uganda (CIF) - 2022
- Exports of Cereals; Maize (Corn), Other than Seed in Uganda
- Imports of Cereals; Maize (Corn), Other than Seed in Uganda
Price for Cereals; Maize (Corn), Other than Seed in Uganda (FOB) - 2022
In 2022, the average export price for cereals; maize (corn), other than seeds amounted to $188 per ton, reducing by -31.7% against the previous year. In general, the export price recorded a noticeable descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 66%. Over the period under review, the average export prices hit record highs at $427 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to +16.0% per year.
Price for Cereals; Maize (Corn), Other than Seed in Uganda (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $490 per ton, increasing by 221% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 430% against the previous year. As a result, import price attained the peak level of $558 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +10.4% per year.
Exports of Cereals; Maize (Corn), Other than Seed in Uganda
Exports of cereals; maize (corn), other than seeds from Uganda totaled 33K tons in 2022, with an increase of 4.8% on the previous year's figure. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, exports of cereals; maize (corn), other than seeds dropped remarkably to $6.3M in 2022. Overall, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 132% against the previous year. As a result, the exports attained the peak of $8.8M, and then dropped significantly in the following year.
| Export of Cereals; Maize (Corn), Other than Seed in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 6.3 | 0% |
| Kenya | 2.2 | 1.8 | 6.3 | N/A | 69.2% |
| Burundi | 0.2 | 0.2 | N/A | N/A | 0.0% |
| South Sudan | 0.3 | 0.3 | 1.8 | N/A | 144.9% |
| Tanzania | 1.9 | 1.4 | 0.3 | N/A | -60.3% |
| Others | 0.1 | 0.1 | 0.3 | N/A | 73.2% |
| Total | 4.6 | 3.8 | 8.8 | 6.3 | 11.1% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Uganda in 2022:
- United Arab Emirates (33.4K tons)
Imports of Cereals; Maize (Corn), Other than Seed in Uganda
For the third consecutive year, Uganda recorded decline in purchases abroad of cereals; maize (corn), other than seeds, which decreased by -58.9% to 910 tons in 2022. In general, imports recorded a precipitous setback. The smallest decline of -38.8% was in 2021.
In value terms, imports of cereals; maize (corn), other than seeds soared to $446K in 2022. Overall, imports recorded a dramatic contraction.
| Import of Cereals; Maize (Corn), Other than Seed in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 9.0 | 16.9 | 13.1 | 446 | 267.3% |
| Tanzania | 1,269 | 519 | 299 | N/A | -51.5% |
| Others | 12.3 | 18.6 | 25.3 | N/A | 43.4% |
| Total | 1,290 | 554 | 337 | 446 | -29.8% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Uganda in 2022:
- United Arab Emirates (910.3 tons)
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Designed to bring an unforgettable experience for children and adults alike, the Amaizing-Acres corn maze is certainly a place to visit this fall, a unique opportunity to enjoy a family get away surrounded by nature.
