Price for Frozen Concentrated Orange Juice in Uganda - 2022
Contents:
- Price for Frozen Concentrated Orange Juice in Uganda (CIF) - 2022
- Price for Frozen Concentrated Orange Juice in Uganda (FOB) - 2022
- Imports of Frozen Concentrated Orange Juice in Uganda
- Exports of Frozen Concentrated Orange Juice in Uganda
Price for Frozen Concentrated Orange Juice in Uganda (CIF) - 2022
In 2022, the average frozen concentrated orange juice import price amounted to $2,240 per ton, reducing by -15.1% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen concentrated orange juice import price increased by +7.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 54%. Over the period under review, average import prices reached the peak figure at $3,223 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($3,113 per ton), while the price for Rwanda ($141 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Concentrated Orange Juice in Uganda (FOB) - 2022
The average frozen concentrated orange juice export price stood at $3,558 per ton in 2022, picking up by 20% against the previous year. Over the period under review, the export price posted significant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 155% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($7,750 per ton), while the average price for exports to the UK ($1,215 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 the United Arab Emirates (+68.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Concentrated Orange Juice in Uganda
In 2022, purchases abroad of frozen concentrated orange juice was finally on the rise to reach 18 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt setback.
In value terms, frozen concentrated orange juice imports skyrocketed to $40K in 2022. Overall, imports, however, faced a significant contraction.
Import of Frozen Concentrated Orange Juice in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 60.4 | 21.9 | 16.8 | 18.0 | -33.2% |
France | 15.0 | 11.3 | 10.0 | 14.1 | -2.0% |
Egypt | 22.3 | 12.2 | 6.9 | 7.6 | -30.1% |
Rwanda | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
Others | 0.6 | 0.3 | 0.1 | 0.2 | -30.7% |
Total | 98.7 | 46.0 | 34.0 | 40.0 | -26.0% |
Top Suppliers of Frozen Concentrated Orange Juice to Uganda in 2022:
- France (7.2 tons)
- Brazil (5.8 tons)
- Egypt (4.0 tons)
- Rwanda (0.8 tons)
Exports of Frozen Concentrated Orange Juice in Uganda
In 2022, approx. 3.3 tons of frozen concentrated orange juice were exported from Uganda; waning by -56.1% compared with the year before. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 676%. As a result, the exports attained the peak of 7.5 tons, and then contracted markedly in the following year.
In value terms, frozen concentrated orange juice exports dropped rapidly to $12K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,879% against the previous year. As a result, the exports attained the peak of $22K, and then reduced rapidly in the following year.
Export of Frozen Concentrated Orange Juice in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | 0.4 | 0.3 | 17.4 | 10.6 | 198.1% |
Burundi | 0.4 | 0.4 | 2.5 | 0.6 | 14.5% |
Rwanda | 0.4 | 0.3 | 1.8 | 0.4 | 0.0% |
United Kingdom | 0.1 | 0.1 | 0.5 | 0.1 | 0.0% |
Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
Total | 1.4 | 1.1 | 22.3 | 11.7 | 102.9% |
Top Export Markets for Frozen Concentrated Orange Juice from Uganda in 2022:
- Democratic Republic of the Congo (3038.0 kg)
- Burundi (127.0 kg)
- United Kingdom (65.0 kg)
- Rwanda (62.0 kg)
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