Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uganda - 2022
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uganda (FOB) - 2022
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uganda (CIF) - 2022
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uganda
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uganda
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uganda (FOB) - 2022
In 2022, the average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $4,358 per ton, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 82%. Over the period under review, the average export prices attained the maximum at $4,815 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($4,555 per ton), while the average price for exports to South Sudan stood at $1,364 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 (-7.4%).
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uganda (CIF) - 2022
In 2022, the average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $3,892 per ton, declining by -66.6% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of 150%. As a result, import price attained the peak level of $11,643 per ton, and then reduced remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($5,267 per ton), while the price for China amounted to $848 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uganda
For the fourth year in a row, Uganda recorded growth in shipments abroad of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, which increased by 72% to 43 tons in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 257% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat skyrocketed to $189K in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 453%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 2.0 | 27.4 | 107 | 69.9 | 227.0% |
| South Sudan | 3.5 | 4.0 | 3.5 | 1.1 | -32.0% |
| Others | 0.2 | 0.3 | 0.4 | 118 | 738.7% |
| Total | 5.7 | 31.7 | 111 | 189 | 221.3% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Uganda in 2022:
- Democratic Republic of the Congo (15.3 tons)
- South Sudan (0.8 tons)
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uganda
Imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Uganda soared to 3.9 tons in 2022, with an increase of 3,014% compared with the year before. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat surged to $15K in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 53.0 | 697 | 792 | 1,380 | 196.4% |
| China | 149 | 458 | 94.0 | 285 | 24.1% |
| Kenya | N/A | N/A | 554 | N/A | 0% |
| Others | 92.0 | -275.0 | 27.0 | 13,606 | 428.8% |
| Total | 294 | 880 | 1,467 | 15,271 | 273.1% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Uganda in 2022:
- South Africa (0.3 tons)
- China (0.3 tons)
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