Brown Rice Price in Uganda - 2022
Contents:
- Brown Rice Price in Uganda (CIF) - 2022
- Brown Rice Price in Uganda (FOB) - 2022
- Brown Rice Imports in Uganda
- Brown Rice Exports in Uganda
Brown Rice Price in Uganda (CIF) - 2022
The average brown rice import price stood at $302 per ton in 2022, shrinking by -18.3% against the previous year. Overall, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 43% against the previous year. Over the period under review, average import prices hit record highs at $729 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -4.2% per year.
Brown Rice Price in Uganda (FOB) - 2022
The average brown rice export price stood at $459 per ton in 2022, reducing by -9.7% against the previous year. In general, the export price saw a noticeable reduction. The pace of growth was the most pronounced in 2018 an increase of 32% against the previous year. The export price peaked at $759 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($550 per ton), while the average price for exports to Burundi ($107 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 Kenya (+16.0%), while the prices for the other major destinations experienced mixed trend patterns.
Brown Rice Imports in Uganda
Brown rice imports into Uganda soared to 30K tons in 2022, with an increase of 20% on 2021. In general, imports, however, showed a abrupt downturn.
In value terms, brown rice imports contracted to $9M in 2022. Overall, imports, however, continue to indicate a sharp shrinkage.
| Import of Brown Rice in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 22.0 | 9.3 | 9.2 | 9.0 | -25.8% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 22.1 | 9.4 | 9.2 | 9.0 | -25.9% |
Top Suppliers of Brown Rice to Uganda in 2022:
- Thailand (29.5K tons)
Brown Rice Exports in Uganda
In 2022, shipments abroad of husked (brown) rice was finally on the rise to reach 16 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a sharp downturn.
In value terms, brown rice exports shrank to $7.5K in 2022. In general, exports, however, saw a sharp setback.
| Export of Brown Rice in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 4.6 | 5.8 | 7.5 | 6.4 | 11.6% |
| South Sudan | 4.2 | 2.7 | 0.5 | 0.6 | -47.7% |
| Kenya | 30.5 | 12.3 | 0.1 | 0.4 | -76.4% |
| Burundi | 6.2 | 3.1 | 0.1 | 0.1 | -74.7% |
| Others | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Total | 45.7 | 24.0 | 8.2 | 7.5 | -45.3% |
Top Export Markets for Brown Rice from Uganda in 2022:
- Democratic Republic of the Congo (13.5 tons)
- Burundi (1.0 tons)
- South Sudan (1.0 tons)
- Kenya (0.8 tons)
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