Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uganda - 2022

Contents:

  1. Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uganda (CIF) - 2022
  2. Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uganda (FOB) - 2022
  3. Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uganda
  4. Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uganda

Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uganda (CIF) - 2022

The average import price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $962 per ton in 2022, rising by 13% against the previous year. In general, the import price showed a slight increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 33%. Over the period under review, average import prices attained the peak figure at $1,769 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 the United States amounted to +5.8% per year.

Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uganda (FOB) - 2022

The average export price for refined cane or beet sugar (with added flavoring or coloring matter) stood at $578 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price showed a pronounced reduction. The growth pace was the most rapid in 2021 an increase of 6% against the previous year. Over the period under review, the average export prices reached the peak figure at $803 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 South Sudan.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +4.7% per year.

Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uganda

In 2022, overseas purchases of refined cane or beet sugar (with added flavoring or coloring matter) increased by 7.6% to 584 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a deep downturn.

In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) skyrocketed to $562K in 2022. Overall, imports, however, continue to indicate a drastic downturn.

Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A0.8N/A5622550.5%
China1781.4N/AN/A-99.2%
Germany733395N/AN/A-46.1%
United StatesN/A258461N/A78.7%
Others32.05.72.2N/A-73.8%
Total943661463562-15.8%

Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Uganda in 2022:

  1. United Arab Emirates (583.8 tons)

Exports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uganda

In 2022, exports of refined cane or beet sugar (with added flavoring or coloring matter) from Uganda fell dramatically to 856 tons, dropping by -49% compared with the previous year. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 4,706%. As a result, the exports reached the peak of 1.7K tons, and then fell sharply in the following year.

In value terms, exports of refined cane or beet sugar (with added flavoring or coloring matter) shrank rapidly to $495K in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 4,994% against the previous year. As a result, the exports reached the peak of $971K, and then shrank markedly in the following year.

Export of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan6.319.039.8495328.3%
Kenya140N/A877N/A150.3%
Rwanda43.6N/AN/AN/A0%
Democratic Republic of the Congo17.3N/A54.2N/A77.0%
OthersN/AN/AN/AN/A0%
Total20719.197149533.7%

Top Export Markets for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) from Uganda in 2022:

  1. South Sudan (856.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Refined Cane or Beet Sugar (with added flavoring or coloring Matter) - Uganda