Uganda - Apricots - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUganda: Apricot Market 2024
Apricot Market Size in Uganda
The Ugandan apricot market soared to $X in 2022, with an increase of 88% against the previous year. In general, consumption continues to indicate strong growth. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.
Apricot Production in Uganda
In value terms, apricot production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 33% against the previous year. Apricot production peaked in 2022 and is expected to retain growth in the near future.
The average yield of apricots in Uganda was estimated at less than X kg per ha in 2022, approximately mirroring 2021. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The apricot harvested area in Uganda amounted to less than X ha in 2022, remaining constant against 2021. Over the period under review, the harvested area showed a relatively flat trend pattern.
Apricot Exports
Exports from Uganda
In 2017, exports of apricots from Uganda reduced to X kg, which is down by -14.3% compared with 2016 figures. Overall, exports continue to indicate a precipitous slump. The smallest decline of -12.5% was in 2016. Over the period under review, the exports attained the peak figure at X kg in 2012; however, from 2013 to 2017, the exports failed to regain momentum.
In value terms, apricot exports fell to $X in 2017. Over the period under review, exports continue to indicate a significant contraction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2017, the exports failed to regain momentum.
Exports by Country
Democratic Republic of the Congo (X kg) was the main destination for apricot exports from Uganda, accounting for a approx. 100% share of total exports.
From 2012 to 2017, the average annual rate of growth in terms of volume to Democratic Republic of the Congo was relatively modest.
In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for apricots exports from Uganda.
From 2012 to 2017, the average annual growth rate of value to Democratic Republic of the Congo was relatively modest.
Export Prices by Country
The average apricot export price stood at $X per ton in 2017, growing by 2.1% against the previous year. In general, the export price recorded a buoyant expansion. The export price peaked at $X per ton in 2015; however, from 2016 to 2017, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2017, the rate of growth in terms of prices for Belarus amounted to 0.0% per year.
Apricot Imports
Imports into Uganda
In 2022, approx. X kg of apricots were imported into Uganda; with an increase of 98% on the previous year's figure. In general, imports saw a noticeable increase. The pace of growth appeared the most rapid in 2015 with an increase of 219% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.
In value terms, apricot imports surged to $X in 2022. Overall, imports enjoyed temperate growth. The most prominent rate of growth was recorded in 2015 with an increase of 438% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.
Imports by Country
Egypt (X kg), Belgium (X kg) and the Netherlands (X kg) were the main suppliers of apricot imports to Uganda, together accounting for 79% of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +49.5%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X) constituted the largest supplier of apricots to Uganda, comprising 52% of total imports. The second position in the ranking was held by Egypt ($X), with a 23% share of total imports. It was followed by the United Arab Emirates, with a 19% share.
From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled +45.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+24.7% per year) and the United Arab Emirates (+29.5% per year).
Import Prices by Country
In 2022, the average apricot import price amounted to $X per ton, waning by -4.5% against the previous year. Overall, the import price, however, enjoyed a perceptible increase. The growth pace was the most rapid in 2015 an increase of 69% against the previous year. The import price peaked at $X per ton in 2021, and then fell modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the apricot 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 526 - Apricots
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
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