Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Uganda - 2022

Contents:

  1. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Uganda (CIF) - 2022
  2. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Uganda (FOB) - 2022
  3. Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Uganda
  4. Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Uganda

Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Uganda (CIF) - 2022

In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $16,957 per ton, rising by 13% against the previous year. Over the period under review, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 194% against the previous year. Over the period under review, average import prices hit record highs at $21,940 per ton in 2020; however, from 2021 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 South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +14.9% per year.

Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Uganda (FOB) - 2022

The average export price for seed; sugar beet seed, of a kind used for sowing stood at $10,538 per ton in 2022, with a decrease of -12.4% against the previous year. Over the period under review, the export price faced a abrupt curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices reached the maximum at $47,667 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($1,185,500 per ton), while the average price for exports to South Sudan amounted to $2,958 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+33.4%).

Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Uganda

Imports of seed; sugar beet seed, of a kind used for sowing into Uganda declined markedly to 717 kg in 2022, waning by -27% against the year before. Over the period under review, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 with an increase of 126%. As a result, imports reached the peak of 982 kg, and then dropped remarkably in the following year.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing contracted markedly to $12K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 55%. As a result, imports attained the peak of $15K, and then shrank dramatically in the following year.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa7.69.514.812.217.1%
OthersN/AN/AN/AN/A0%
Total7.69.514.812.217.1%

Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Uganda in 2022:

  1. South Africa (716.0 kg)

Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Uganda

In 2022, approx. 312 kg of seed; sugar beet seed, of a kind used for sowing were exported from Uganda; picking up by 39% on the previous year's figure. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,223%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing surged to $3.3K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 405% against the previous year. As a result, the exports reached the peak of $3.9K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burundi0.73.02.02.450.8%
South Sudan0.10.80.70.9108.0%
OthersN/AN/AN/AN/A0%
Total0.83.92.73.360.4%

Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Uganda in 2022:

  1. South Sudan (310.0 kg)
  2. Burundi (2.0 kg)

Source: IndexBox Market Intelligence Platform

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