Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Uganda - 2022

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Uganda (FOB) - 2022
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Uganda (CIF) - 2022
3. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Uganda
4. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Uganda

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Uganda (FOB) - 2022

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $2,109 per ton, surging by 66% against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2019 when the average export price increased by 103%. Over the period under review, the average export prices reached the maximum at $3,258 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($5,456 per ton), while the average price for exports to Democratic Republic of the Congo ($483 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 Rwanda (+10.9%), while the prices for the other major destinations experienced a decline.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Uganda (CIF) - 2022

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,255 per ton in 2022, flattening at the previous year. Overall, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 430% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +15.8% per year.

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Uganda

In 2022, the amount of ground-nuts; other than seed, not roasted or otherwise cooked, in shell exported from Uganda soared to 376 tons, rising by 1,440% against the previous year. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell surged to $792K in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Uganda in 2022:

1. United Kingdom (253.5 tons)
2. Germany (48.1 tons)
3. South Sudan (30.9 tons)
4. Switzerland (13.5 tons)
5. Norway (7.6 tons)
6. Netherlands (7.3 tons)

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Uganda

In 2022, approx. 1.4 tons of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were imported into Uganda; therefore, remained relatively stable against 2021 figures. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 698% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell reached $1.8K in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,319% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Uganda in 2022:

1. China (1.4 tons)

Source: IndexBox Market Intelligence Platform