Price for Cereal Groats and Meal; of Maize (Corn) in Uganda - 2022
Contents:
- Price for Cereal Groats and Meal; of Maize (Corn) in Uganda (CIF) - 2022
- Price for Cereal Groats and Meal; of Maize (Corn) in Uganda (FOB) - 2022
- Imports of Cereal Groats and Meal; of Maize (Corn) in Uganda
- Exports of Cereal Groats and Meal; of Maize (Corn) in Uganda
Price for Cereal Groats and Meal; of Maize (Corn) in Uganda (CIF) - 2022
The average import price for cereal groats and meal; of maize (corn)s stood at $439 per ton in 2022, increasing by 5.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the peak figure at $594 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 India ($495 per ton), while the price for Rwanda ($65 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereal Groats and Meal; of Maize (Corn) in Uganda (FOB) - 2022
The average export price for cereal groats and meal; of maize (corn)s stood at $682 per ton in 2022, surging by 6.2% against the previous year. In general, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 53%. As a result, the export price reached the peak level of $1,103 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($1,079 per ton), while the average price for exports to Democratic Republic of the Congo ($208 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 Canada (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Groats and Meal; of Maize (Corn) in Uganda
In 2022, after two years of decline, there was significant growth in purchases abroad of cereal groats and meal; of maize (corn)s, when their volume increased by 708% to 2.8K tons. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereal groats and meal; of maize (corn)s surged to $1.2M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereal Groats and Meal; of Maize (Corn) in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 139 | 90.1 | 9.1 | 582 | 61.2% |
| United States | 31.8 | 42.9 | 93.2 | 427 | 137.7% |
| Turkey | 3.2 | 7.2 | 18.9 | 119 | 233.8% |
| Kenya | N/A | 0.2 | 19.1 | 83.7 | 1945.7% |
| Others | 3.1 | 2.9 | 4.7 | 22.0 | 92.2% |
| Total | 177 | 143 | 145 | 1,233 | 91.0% |
Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to Uganda in 2022:
- Tanzania (1263.9 tons)
- United States (997.6 tons)
- Turkey (250.0 tons)
- Kenya (241.4 tons)
Exports of Cereal Groats and Meal; of Maize (Corn) in Uganda
In 2022, overseas shipments of cereal groats and meal; of maize (corn)s were finally on the rise to reach 70 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereal groats and meal; of maize (corn)s skyrocketed to $48K in 2022. In general, exports showed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereal Groats and Meal; of Maize (Corn) in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Sudan | 35.5 | 10.3 | 10.6 | 41.1 | 5.0% |
| Democratic Republic of the Congo | 0.6 | N/A | 0.5 | 4.8 | 100.0% |
| Kenya | 2.2 | 0.5 | 0.6 | 2.2 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 38.4 | 10.9 | 11.7 | 48.1 | 7.8% |
Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from Uganda in 2022:
- South Sudan (38.1 tons)
- Democratic Republic of the Congo (23.0 tons)
- Kenya (9.2 tons)
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