Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uganda - 2022
Contents:
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uganda (FOB) - 2022
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uganda (CIF) - 2022
- Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uganda
- Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uganda
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uganda (FOB) - 2022
In 2022, the average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $7,001 per ton, which is down by -22.1% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 119% against the previous year. Over the period under review, the average export prices hit record highs at $21,023 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($17,653 per ton), while the average price for exports to Kuwait ($2,463 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 Kenya (+37.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uganda (CIF) - 2022
In 2022, the average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $2,019 per ton, falling by -39.3% against the previous year. Over the period under review, the import price, however, continues to indicate a moderate increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 28%. As a result, import price reached the peak level of $4,138 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
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 ($13,875 per ton), while the price for Rwanda ($242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uganda
In 2022, the amount of spices; fruits of the genus capsicum or pimenta, crushed or ground exported from Uganda amounted to 11 tons, picking up by 9.8% against 2021 figures. Over the period under review, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year.
In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground contracted to $79K in 2022. Overall, exports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, the exports reached the peak of $93K, and then contracted in the following year.
| Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.2 | 0.3 | 7.4 | 31.1 | 71.2% |
| United States | 24.4 | 25.7 | 20.0 | 15.7 | -13.7% |
| Canada | 20.5 | 21.0 | 0.7 | 6.3 | -32.5% |
| Austria | 6.3 | 4.5 | 6.9 | 5.2 | -6.2% |
| Germany | 6.5 | 3.5 | 7.0 | 4.1 | -14.2% |
| Switzerland | 1.7 | 0.8 | 3.8 | 2.4 | 12.2% |
| Kuwait | 2.3 | 0.5 | 2.1 | 2.3 | 0.0% |
| New Zealand | N/A | N/A | 2.8 | 2.3 | -17.9% |
| Spain | N/A | N/A | 5.6 | 2.3 | -58.9% |
| South Sudan | 5.0 | 3.5 | 0.6 | 1.6 | -31.6% |
| Italy | N/A | N/A | 24.0 | N/A | 0% |
| Others | 17.4 | 6.2 | 11.5 | 6.0 | -29.9% |
| Total | 90.2 | 65.9 | 92.5 | 79.2 | -4.2% |
Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Uganda in 2022:
- United Kingdom (6.3 tons)
- United States (0.9 tons)
- Kuwait (0.9 tons)
- Canada (0.6 tons)
- Austria (0.6 tons)
- Spain (0.4 tons)
- Germany (0.2 tons)
- South Sudan (0.2 tons)
- Switzerland (0.2 tons)
- New Zealand (0.2 tons)
Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uganda
In 2022, the amount of spices; fruits of the genus capsicum or pimenta, crushed or ground imported into Uganda skyrocketed to 23 tons, picking up by 92% compared with the year before. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 98% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground soared to $47K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 83% against the previous year. As a result, imports attained the peak of $54K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.9 | 25.8 | 7.8 | 19.8 | 89.7% |
| Kenya | 23.4 | 23.0 | 26.2 | 19.6 | -5.7% |
| Turkey | 0.7 | 1.8 | 3.3 | 4.6 | 87.3% |
| China | 0.7 | 0.7 | 0.3 | 0.8 | 4.6% |
| United Arab Emirates | 0.1 | 0.3 | 0.3 | 0.6 | 81.7% |
| Rwanda | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
| Others | 1.3 | 1.7 | 2.0 | 1.0 | -8.4% |
| Total | 29.3 | 53.5 | 40.2 | 46.9 | 17.0% |
Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Uganda in 2022:
- India (15.9 tons)
- Kenya (2.7 tons)
- Turkey (1.6 tons)
- Rwanda (1.6 tons)
- United Arab Emirates (0.7 tons)
- China (0.7 tons)
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