Price for Meat of Bovine Animals; Fresh or Chilled in Uganda - 2022
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Uganda (FOB) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Uganda (CIF) - 2022
- Exports of Meat of Bovine Animals; Fresh or Chilled in Uganda
- Imports of Meat of Bovine Animals; Fresh or Chilled in Uganda
Price for Meat of Bovine Animals; Fresh or Chilled in Uganda (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $7,448 per ton in 2022, growing by 41% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for meat of bovine animals; fresh or chilled increased by +86.5% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 59%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($23,336 per ton), while the average price for exports to Burundi ($327 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 (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Uganda (CIF) - 2022
In 2022, the average import price for meat of bovine animals; fresh or chilled amounted to $10,154 per ton, standing approx. at the previous year. In general, the import price, however, recorded a resilient increase. The growth pace was the most rapid in 2015 an increase of 70%. The import price peaked at $10,783 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Italy ($11,942 per ton), while the price for the UK ($714 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Bovine Animals; Fresh or Chilled in Uganda
Exports of meat of bovine animals; fresh or chilled from Uganda fell to 17 tons in 2022, shrinking by -14.7% compared with the previous year's figure. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 178%. As a result, the exports reached the peak of 20 tons, and then fell in the following year.
In value terms, exports of meat of bovine animals; fresh or chilled soared to $125K in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 267%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Meat of Bovine Animals; Fresh or Chilled in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | N/A | N/A | 46.2 | 0% |
| Democratic Republic of the Congo | 31.6 | 15.6 | 33.8 | 35.4 | 3.9% |
| Spain | N/A | N/A | N/A | 26.0 | 0% |
| South Sudan | 4.9 | 7.7 | 0.6 | 7.3 | 14.2% |
| Austria | 7.3 | 3.5 | 6.7 | 6.1 | -5.8% |
| Rwanda | 2.5 | 1.5 | 3.6 | 4.4 | 20.7% |
| Egypt | N/A | N/A | 59.3 | N/A | 0% |
| Others | 2.6 | N/A | 0.1 | N/A | -80.4% |
| Total | 49.1 | 28.4 | 104 | 125 | 36.5% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Uganda in 2022:
- Jordan (8.2 tons)
- South Sudan (3.1 tons)
- Democratic Republic of the Congo (2.6 tons)
- Rwanda (1.4 tons)
- Spain (1.1 tons)
- Austria (0.3 tons)
Imports of Meat of Bovine Animals; Fresh or Chilled in Uganda
In 2022, approx. 3.3 tons of meat of bovine animals; fresh or chilled were imported into Uganda; which is down by -48.8% against the previous year. In general, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 52%.
In value terms, imports of meat of bovine animals; fresh or chilled declined dramatically to $34K in 2022. Over the period under review, imports showed a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 45%.
| Import of Meat of Bovine Animals; Fresh or Chilled in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 64.3 | 36.3 | 52.4 | 26.7 | -25.4% |
| Belgium | 2.5 | 3.6 | 6.7 | 3.4 | 10.8% |
| Tanzania | N/A | N/A | N/A | 2.2 | 0% |
| United States | 4.9 | 4.7 | 6.3 | 1.2 | -37.4% |
| South Africa | 1.9 | 1.0 | 0.4 | 0.1 | -62.5% |
| United Arab Emirates | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Others | 0.3 | 0.2 | 0.7 | 0.1 | -30.7% |
| Total | 74.1 | 46.0 | 66.7 | 33.7 | -23.1% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Uganda in 2022:
- Italy (2240.0 kg)
- Tanzania (454.0 kg)
- Belgium (434.0 kg)
- United States (114.0 kg)
- United Arab Emirates (22.0 kg)
- South Africa (15.0 kg)
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