Price for Meat of Bovine Animals; Frozen in Uganda - 2022

Contents:

1. Price for Meat of Bovine Animals; Frozen in Uganda (FOB) - 2022
2. Price for Meat of Bovine Animals; Frozen in Uganda (CIF) - 2022
3. Exports of Meat of Bovine Animals; Frozen in Uganda
4. Imports of Meat of Bovine Animals; Frozen in Uganda

Price for Meat of Bovine Animals; Frozen in Uganda (FOB) - 2022

In 2022, the average export price for meat of bovine animals; frozen amounted to $4,867 per ton, reducing by -23.5% against the previous year. Overall, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 74%. The export price peaked at $8,857 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

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

Price for Meat of Bovine Animals; Frozen in Uganda (CIF) - 2022

The average import price for meat of bovine animals; frozen stood at $2,455 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the import price, however, showed a abrupt decline. The pace of growth was the most pronounced in 2020 when the average import price increased by 51%. Over the period under review, average import prices reached the maximum at $5,733 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 the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +16.8% per year.

Exports of Meat of Bovine Animals; Frozen in Uganda

In 2022, meat of bovine animals; frozen exports from Uganda skyrocketed to 39 tons, jumping by 116% against 2021. Over the period under review, exports enjoyed a strong increase.

In value terms, meat of bovine animals; frozen exports surged to $189K in 2022. Overall, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 80% against the previous year. As a result, the exports attained the peak of $264K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Meat of Bovine Animals; Frozen from Uganda in 2022:

1. Democratic Republic of the Congo (38.8 tons)

Imports of Meat of Bovine Animals; Frozen in Uganda

Meat of bovine animals; frozen imports into Uganda declined remarkably to 5.2 tons in 2022, which is down by -18.1% against 2021. Overall, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of 6.4 tons, and then dropped significantly in the following year.

In value terms, meat of bovine animals; frozen imports dropped to $13K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 28%.

Top Suppliers of Meat of Bovine Animals; Frozen to Uganda in 2022:

1. United Arab Emirates (5.2 tons)

Source: IndexBox Market Intelligence Platform