Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Uganda - 2022

Contents:

1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Uganda (CIF) - 2022
2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Uganda (FOB) - 2022
3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Uganda
4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Uganda

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Uganda (CIF) - 2022

In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,084 per ton, falling by -59.2% against the previous year. Over the period under review, the import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 74%. Over the period under review, average import prices attained the maximum at $2,657 per ton in 2021, and then dropped sharply in the following year.

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 the United States ($3,510 per ton), while the price for the United Arab Emirates ($891 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 (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Uganda (FOB) - 2022

The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $282 per ton in 2022, with a decrease of -28.4% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 39%. Over the period under review, the average export prices hit record highs at $2,343 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +11.9% per year.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Uganda

Imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia into Uganda surged to 4.9 tons in 2022, jumping by 179% compared with the year before. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 342% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia expanded notably to $5.4K in 2022. Over the period under review, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 563% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Uganda in 2022:

1. United Arab Emirates (3944.0 kg)
2. Italy (442.0 kg)
3. South Africa (343.0 kg)
4. Lebanon (118.0 kg)
5. United States (102.0 kg)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Uganda

For the fourth year in a row, Uganda recorded growth in overseas shipments of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia, which increased by 20% to 4.5 tons in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia reduced to $1.3K in 2022. In general, exports, however, showed a abrupt downturn. The smallest decline of -14% was in 2021.

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Uganda in 2022:

1. Rwanda (4.5 tons)

Source: IndexBox Market Intelligence Platform