Uganda - Refined Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Uganda - 2022
Contents:
- Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Uganda (FOB) - 2022
- Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Uganda (CIF) - 2022
- Exports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Uganda
- Imports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Uganda
Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Uganda (FOB) - 2022
The average export price for sunflower-seed or safflower oil, refined, but not chemically modified stood at $977 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 18% against the previous year. The export price peaked at $1,762 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($1,656 per ton), while the average price for exports to South Sudan ($978 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 Switzerland (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Uganda (CIF) - 2022
In 2022, the average import price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $1,578 per ton, which is down by -16.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 52% against the previous year. As a result, import price reached the peak level of $1,898 per ton, and then fell notably in the following year.
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 Turkey amounted to +12.6% per year.
Exports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Uganda
In 2022, the amount of sunflower-seed or safflower oil, refined, but not chemically modified exported from Uganda declined dramatically to 2.5K tons, reducing by -28.9% against the previous year's figure. Overall, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 137%. As a result, the exports reached the peak of 3.6K tons, and then contracted rapidly in the following year.
In value terms, exports of sunflower-seed or safflower oil, refined, but not chemically modified contracted notably to $2.5M in 2022. In general, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 134%. As a result, the exports reached the peak of $3.5M, and then declined markedly in the following year.
Export of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | 547 | 404 | 808 | 1,204 | 30.1% |
Kenya | 923 | 262 | 410 | 780 | -5.5% |
Burundi | 152 | 32.1 | 168 | 250 | 18.0% |
South Sudan | 388 | 2.1 | 115 | 247 | -14.0% |
Rwanda | 683 | N/A | N/A | N/A | 0% |
Tanzania | N/A | 788 | 1,973 | N/A | 150.4% |
Others | 39.9 | N/A | N/A | N/A | 0% |
Total | 2,732 | 1,488 | 3,475 | 2,482 | -3.1% |
Top Export Markets for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified from Uganda in 2022:
- Democratic Republic of the Congo (898.8 tons)
- Kenya (471.2 tons)
- South Sudan (252.8 tons)
- Burundi (224.8 tons)
Imports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Uganda
Imports of sunflower-seed or safflower oil, refined, but not chemically modified into Uganda fell to 241 tons in 2022, approximately equating 2021 figures. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 2%.
In value terms, imports of sunflower-seed or safflower oil, refined, but not chemically modified declined markedly to $380K in 2022. In general, imports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year.
Import of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 10.4 | 24.2 | 23.9 | 380 | 231.8% |
Kenya | 38.4 | 83.8 | 296 | N/A | 177.6% |
Egypt | 329 | 161 | 138 | N/A | -35.2% |
Canada | 157 | 9.1 | N/A | N/A | -94.2% |
Ukraine | 25.2 | N/A | N/A | N/A | 0% |
Others | 7.6 | 20.2 | 4.3 | N/A | -24.8% |
Total | 567 | 298 | 462 | 380 | -12.5% |
Top Suppliers of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified to Uganda in 2022:
- United Arab Emirates (240.9 tons)
This report provides an in-depth analysis of the market for sunflower-seed or safflower oil, refined, but not chemically modified in Uganda. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10415400 - Refined sunflower-seed and safflower oil and their fractions (excluding chemically modified)
Country coverage:
- Uganda
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uganda
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Over the past year, the prices for sunflower oil have doubled, against robust demand and depleting sunflower seed stocks. The dry weather conditions negatively affected the sunflower crop yield in 2020, but the market is now seeing a sturdy recovery. The production of sunflower oil is forecast to increase in 2021 driven by strong demand that promotes investments in the expansion of harvested areas.
Global sunflower-seed and safflower oil consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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