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

Contents:

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

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

In 2022, the average export price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $1,039 per ton, increasing by 12% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($14,421 per ton), while the average price for exports to Burundi ($468 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 Kenya (+20.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $88 per ton, remaining constant against the previous year. Overall, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 0.2% against the previous year. Over the period under review, average import prices reached the peak figure at $376 per ton in 2012; however, from 2013 to 2022, 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 Tanzania.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -13.5% per year.

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

After three years of growth, overseas shipments of ground-nuts; in shell, not roasted or otherwise cooked decreased by -17.8% to 154 tons in 2022. In general, exports saw a slight downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 9% against the previous year.

In value terms, exports of ground-nuts; in shell, not roasted or otherwise cooked dropped to $160K in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $175K, and then shrank in the following year.

Export of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya51.368.089.489.220.2%
Burundi67.474.682.068.30.4%
Others2.72.93.12.6-1.3%
Total1211461751609.8%

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

  1. Burundi (146.0 tons)
  2. Kenya (6.2 tons)

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

After two years of decline, supplies from abroad of ground-nuts; in shell, not roasted or otherwise cooked increased by 5.8% to 87 tons in 2022. Over the period under review, imports, however, continue to indicate a deep setback.

In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked rose remarkably to $7.7K in 2022. Overall, imports, however, recorded a abrupt contraction.

Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania9.18.17.37.7-5.4%
OthersN/AN/AN/AN/A0%
Total9.18.17.37.7-5.4%

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

  1. Tanzania (87.2 tons)

Source: IndexBox Market Intelligence Platform

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