Price for Cereals; Grain Sorghum, Seed in Uganda - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Uganda (FOB) - 2022
- Price for Cereals; Grain Sorghum, Seed in Uganda (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Seed in Uganda
- Imports of Cereals; Grain Sorghum, Seed in Uganda
Price for Cereals; Grain Sorghum, Seed in Uganda (FOB) - 2022
In 2022, the average cereals; grain sorghum, seed export price amounted to $218 per ton, which is down by -49.4% against the previous year. In general, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the average export price increased by 85%. As a result, the export price attained the peak level of $554 per ton. From 2017 to 2022, the average 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 ($400 per ton), while the average price for exports to Rwanda ($199 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 Rwanda (-7.1%), while the prices for the other major destinations experienced a decline.
Price for Cereals; Grain Sorghum, Seed in Uganda (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $500 per ton, with a decrease of -13.4% against the previous year. In general, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 182% against the previous year. The import price peaked at $577 per ton in 2021, and then fell 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 South Africa ($1,993 per ton), while the price for Tanzania totaled $409 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (+195.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereals; Grain Sorghum, Seed in Uganda
In 2022, approx. 16K tons of cereals; grain sorghum, seeds were exported from Uganda; increasing by 960% against 2021 figures. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; grain sorghum, seed exports skyrocketed to $3.5M in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Seed in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 477 | 1,224 | 224 | 2,447 | 72.5% |
| Kenya | 56.3 | 137 | 388 | 475 | 103.6% |
| Tanzania | 66.3 | 185 | 12.2 | 457 | 90.3% |
| Others | 13.4 | 36.3 | 29.2 | 126 | 111.1% |
| Total | 613 | 1,582 | 654 | 3,505 | 78.8% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Uganda in 2022:
- Rwanda (12.3K tons)
- Tanzania (2.3K tons)
- Kenya (1.2K tons)
Imports of Cereals; Grain Sorghum, Seed in Uganda
After two years of decline, overseas purchases of cereals; grain sorghum, seeds increased by less than 0.1% to 27 tons in 2022. Over the period under review, imports, however, continue to indicate a sharp decline.
In value terms, cereals; grain sorghum, seed imports reduced to $14K in 2022. Overall, imports, however, showed a precipitous decline.
| Import of Cereals; Grain Sorghum, Seed in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 159 | 19.7 | 11.5 | 10.5 | -59.6% |
| South Africa | 84.6 | 8.6 | 4.1 | 3.1 | -66.8% |
| Others | 0.7 | 2.2 | N/A | 0.1 | -47.7% |
| Total | 244 | 30.5 | 15.7 | 13.6 | -61.8% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Uganda in 2022:
- Tanzania (25.6 tons)
- South Africa (1.5 tons)
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