Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Uganda - 2022
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Uganda (FOB) - 2022
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Uganda (CIF) - 2022
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Uganda
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Uganda
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Uganda (FOB) - 2022
The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,379 per ton in 2022, increasing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($8,585 per ton), while the average price for exports to Kenya ($2,866 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 (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Uganda (CIF) - 2022
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $5,780 per ton in 2022, rising by 31% against the previous year. Over the period under review, the import price enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2015 an increase of 67%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($38,187 per ton), while the price for France ($2,752 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+50.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Uganda
After three years of growth, overseas shipments of powdered unsweetened milk and cream of fat weight content over 1.5% decreased by -76.4% to 1.1K tons in 2022. Overall, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 120%.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% fell remarkably to $4.7M in 2022. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 87% against the previous year.
Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 1,263 | 1,779 | 2,642 | 905 | -10.5% |
Ethiopia | 134 | 424 | 1,606 | 346 | 37.2% |
South Sudan | 155 | 578 | 1,040 | 294 | 23.8% |
Kenya | 976 | 686 | 236 | 230 | -38.2% |
Democratic Republic of the Congo | 71.7 | 566 | 802 | 179 | 35.7% |
Oman | 141 | 281 | 556 | 157 | 3.6% |
Zambia | 63.8 | 124 | 237 | 67.0 | 1.6% |
United Arab Emirates | 618 | 570 | 244 | 25.2 | -65.6% |
Malawi | 274 | 581 | 1,313 | N/A | 118.9% |
Others | 2,183 | 5,417 | 9,013 | 2,543 | 5.2% |
Total | 5,880 | 11,004 | 17,689 | 4,747 | -6.9% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Uganda in 2022:
- Tanzania (180.9 tons)
- Kenya (80.3 tons)
- Ethiopia (79.0 tons)
- South Sudan (58.6 tons)
- Oman (44.4 tons)
- Democratic Republic of the Congo (30.0 tons)
- Zambia (16.8 tons)
- United Arab Emirates (6.4 tons)
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Uganda
In 2022, purchases abroad of powdered unsweetened milk and cream of fat weight content over 1.5% decreased by -37.2% to 167 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 385% against the previous year. As a result, imports attained the peak of 455 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% contracted dramatically to $965K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 323%. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 98.2 | 404 | 280 | 279 | 41.6% |
Tanzania | 46.8 | 115 | 62.3 | 53.6 | 4.6% |
United Arab Emirates | 49.3 | 111 | 49.0 | 49.9 | 0.4% |
France | 11.8 | 52.2 | 37.9 | 46.9 | 58.4% |
Oman | 18.7 | 45.5 | 24.5 | 20.9 | 3.8% |
Poland | N/A | N/A | 62.1 | 15.6 | -74.9% |
Ethiopia | N/A | 72.0 | N/A | N/A | 0% |
Others | 164 | 847 | 658 | 499 | 44.9% |
Total | 389 | 1,647 | 1,174 | 965 | 35.4% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Uganda in 2022:
- Netherlands (46.3 tons)
- France (17.1 tons)
- United Arab Emirates (7.2 tons)
- Poland (4.7 tons)
- Tanzania (2.9 tons)
- Oman (2.2 tons)
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