Price for Protein; Concentrates and Textured Protein Substances in Uganda - 2022

Contents:

1. Price for Protein; Concentrates and Textured Protein Substances in Uganda (CIF) - 2022
2. Price for Protein; Concentrates and Textured Protein Substances in Uganda (FOB) - 2022
3. Imports of Protein; Concentrates and Textured Protein Substances in Uganda
4. Exports of Protein; Concentrates and Textured Protein Substances in Uganda

Price for Protein; Concentrates and Textured Protein Substances in Uganda (CIF) - 2022

In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $1,805 per ton, shrinking by -20.2% against the previous year. Over the period under review, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 61% against the previous year. The import price peaked at $2,439 per ton in 2012; however, from 2013 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 South Africa ($5,158 per ton), while the price for China ($566 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Protein; Concentrates and Textured Protein Substances in Uganda (FOB) - 2022

In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $2,986 per ton, declining by -18.7% against the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2017 an increase of 121%. As a result, the export price attained the peak level of $6,164 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +7,048.5% per year.

Imports of Protein; Concentrates and Textured Protein Substances in Uganda

In 2022, overseas purchases of protein; concentrates and textured protein substanceses increased by 23% to 106 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt decrease.

In value terms, imports of protein; concentrates and textured protein substanceses contracted slightly to $191K in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 8.8%.

Top Suppliers of Protein; Concentrates and Textured Protein Substances to Uganda in 2022:

1. Kenya (40.8 tons)
2. United States (32.8 tons)
3. South Africa (12.3 tons)
4. China (11.6 tons)
5. India (3.1 tons)
6. United Arab Emirates (3.0 tons)

Exports of Protein; Concentrates and Textured Protein Substances in Uganda

In 2022, approx. 9.1 tons of protein; concentrates and textured protein substanceses were exported from Uganda; growing by 74% against the previous year's figure. In general, exports posted tangible growth.

In value terms, exports of protein; concentrates and textured protein substanceses skyrocketed to $27K in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 134%. As a result, the exports reached the peak of $35K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Protein; Concentrates and Textured Protein Substances from Uganda in 2022:

1. South Sudan (9.1 tons)

Source: IndexBox Market Intelligence Platform