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Uganda - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVirgin Olive Oil Price in Uganda - 2022
Contents:
- Virgin Olive Oil Price in Uganda (CIF) - 2022
- Virgin Olive Oil Price in Uganda (FOB) - 2022
- Virgin Olive Oil Imports in Uganda
- Virgin Olive Oil Exports in Uganda
Virgin Olive Oil Price in Uganda (CIF) - 2022
In 2022, the average virgin olive oil import price amounted to $2,308 per ton, with an increase of 12% against the previous year. In general, the import price, however, showed a abrupt slump. The growth pace was the most rapid in 2013 when the average import price increased by 26%. As a result, import price attained the peak level of $5,309 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tunisia ($5,341 per ton), while the price for China ($663 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+29.6%), while the prices for the other major suppliers experienced a decline.
Virgin Olive Oil Price in Uganda (FOB) - 2022
The average virgin olive oil export price stood at $1,554 per ton in 2022, declining by -13.9% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 45%. Over the period under review, the average export prices reached the peak figure at $2,019 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($2,019 per ton), while the average price for exports to South Sudan ($1,534 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 Democratic Republic of the Congo (+13.5%), while the prices for the other major destinations experienced mixed trend patterns.
Virgin Olive Oil Imports in Uganda
In 2022, the amount of virgin olive oil imported into Uganda reduced to 112 tons, dropping by -6.9% compared with the previous year's figure. In general, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 14%.
In value terms, virgin olive oil imports expanded slightly to $258K in 2022. Over the period under review, imports showed a pronounced curtailment.
Import of Virgin Olive Oil in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tunisia | 67.8 | 120 | 20.5 | 86.6 | 8.5% |
Italy | 33.4 | 15.3 | 107 | 72.7 | 29.6% |
Spain | 112 | 30.5 | 33.3 | 36.2 | -31.4% |
United Arab Emirates | 18.3 | 52.2 | 32.2 | 22.1 | 6.5% |
Portugal | N/A | 17.5 | 26.4 | 17.9 | 1.1% |
South Africa | 23.7 | 10.3 | 10.6 | 9.3 | -26.8% |
United States | 9.0 | 6.3 | 4.3 | 2.9 | -31.4% |
United Kingdom | 4.9 | 3.3 | N/A | 1.7 | -29.7% |
Others | 5.8 | 14.8 | 12.6 | 9.1 | 16.2% |
Total | 275 | 270 | 247 | 258 | -2.1% |
Top Suppliers of Virgin Olive Oil to Uganda in 2022:
- Italy (29.6 tons)
- Spain (25.4 tons)
- United Arab Emirates (21.6 tons)
- Tunisia (16.2 tons)
- Portugal (7.4 tons)
- United States (3.3 tons)
- South Africa (3.3 tons)
- United Kingdom (1.5 tons)
Virgin Olive Oil Exports in Uganda
In 2022, overseas shipments of virgin olive oil were finally on the rise to reach 9.1 tons after two years of decline. In general, exports, however, saw a noticeable downturn.
In value terms, virgin olive oil exports shrank to $14K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +51.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 34% against the previous year.
Export of Virgin Olive Oil in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Sudan | 8.1 | 11.5 | 15.0 | 13.3 | 18.0% |
United Kingdom | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
Democratic Republic of the Congo | 0.5 | 0.3 | 0.1 | 0.3 | -15.7% |
Others | 0.3 | 0.3 | 0.1 | N/A | -42.3% |
Total | 9.4 | 12.6 | 15.8 | 14.2 | 14.7% |
Top Export Markets for Virgin Olive Oil from Uganda in 2022:
- South Sudan (8.6 tons)
- United Kingdom (0.3 tons)
- Democratic Republic of the Congo (0.2 tons)
This report provides an in-depth analysis of the virgin olive oil market 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:
- FCL 261 - Oil of Olives, Virgin
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
This report provides an in-depth analysis of the virgin olive oil market in Uganda.
This report provides an in-depth analysis of the olive oil market in Uganda.
This report provides an in-depth analysis of the refined olive oil market in Uganda.
This report provides an in-depth analysis of the global virgin olive oil market.
This report provides an in-depth analysis of the global olive oil market.
This report provides an in-depth analysis of the global refined olive oil market.
This report provides an in-depth analysis of the virgin olive oil market in Uganda.
This report provides an in-depth analysis of the olive oil market in Uganda.
This report provides an in-depth analysis of the refined olive oil market in Uganda.
This report provides an in-depth analysis of the global virgin olive oil market.
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