Uganda: Active Yeast Market 2024

Active Yeast Market Size in Uganda

The Ugandan active yeast market amounted to $X in 2022, approximately mirroring the previous year. In general, consumption posted prominent growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Active Yeast Production in Uganda

In value terms, active yeast production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Active Yeast Exports

Exports from Uganda

In 2022, active yeast exports from Uganda surged to X tons, jumping by X% compared with the previous year's figure. In general, exports, however, showed a slight downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, active yeast exports skyrocketed to $X in 2022. Overall, exports showed a notable increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for active yeast exports from Uganda, with a X% share of total exports. Moreover, active yeast exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, South Sudan (X tons), threefold. The third position in this ranking was taken by Rwanda (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (X% per year) and Rwanda (X% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for bakers and active yeast exports from Uganda, comprising X% of total exports. The second position in the ranking was held by South Sudan ($X), with a X% share of total exports. It was followed by Rwanda, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (X% per year) and Rwanda (X% per year).

Export Prices by Country

In 2022, the average active yeast export price amounted to $X per ton, stabilizing at the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, active yeast export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Burundi ($X 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 Sudan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Active Yeast Imports

Imports into Uganda

In 2022, the amount of bakers and active yeast imported into Uganda surged to X tons, with an increase of X% against 2021 figures. In general, imports posted a temperate expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, active yeast imports soared to $X in 2022. Over the period under review, imports recorded a perceptible increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), Rwanda (X tons) and Turkey (X tons) were the main suppliers of active yeast imports to Uganda, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Rwanda (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Rwanda ($X) constituted the largest supplier of bakers and active yeast to Uganda, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Rwanda stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and France (X% per year).

Import Prices by Country

The average active yeast import price stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Rwanda ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform