Price for Oil Seeds; Linseed, Whether or Not Broken in Uganda - 2022

Contents:

1. Price for Oil Seeds; Linseed, Whether or Not Broken in Uganda (CIF) - 2022
2. Price for Oil Seeds; Linseed, Whether or Not Broken in Uganda (FOB) - 2022
3. Imports of Oil Seeds; Linseed, Whether or Not Broken in Uganda
4. Exports of Oil Seeds; Linseed, Whether or Not Broken in Uganda

Price for Oil Seeds; Linseed, Whether or Not Broken in Uganda (CIF) - 2022

In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $2,485 per ton, with an increase of 13% against the previous year. In general, the import price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of 66% against the previous year. Over the period under review, average import prices reached the peak figure at $3,621 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Kenya ($3,091 per ton) and South Africa ($2,909 per ton), while the price for the UK ($2,155 per ton) and India ($2,400 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+10.1%), while the prices for the other major suppliers experienced a decline.

Price for Oil Seeds; Linseed, Whether or Not Broken in Uganda (FOB) - 2022

The average export price for oil seeds; linseed, whether or not brokens stood at $2,508 per ton in 2022, approximately mirroring the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 129% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2015 to 2022, the rate of growth in terms of prices for Mauritius amounted to 0.0% per year.

Imports of Oil Seeds; Linseed, Whether or Not Broken in Uganda

For the fourth year in a row, Uganda recorded growth in purchases abroad of oil seeds; linseed, whether or not brokens, which increased by 55% to 307 kg in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of oil seeds; linseed, whether or not brokens skyrocketed to $763 in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Uganda in 2022:

1. United Kingdom (187.0 kg)
2. Kenya (88.0 kg)
3. South Africa (22.0 kg)
4. India (10.0 kg)

Exports of Oil Seeds; Linseed, Whether or Not Broken in Uganda

In 2022, after two years of decline, there was decline in overseas shipments of oil seeds; linseed, whether or not brokens, when their volume decreased by 0% to 254 kg. Overall, exports faced a dramatic decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of oil seeds; linseed, whether or not brokens totaled $637 in 2022. Over the period under review, exports continue to indicate a sharp slump. The smallest decline of 99.9% was in 2020.

Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Uganda in 2022:

1. Bahrain (254.0 kg)

Source: IndexBox Market Intelligence Platform