Uganda: Confectionery Market 2024

Confectionery Market Size in Uganda

The Ugandan confectionery market declined to $X in 2022, shrinking by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Confectionery Production in Uganda

In value terms, confectionery production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% 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 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Confectionery Exports

Exports from Uganda

After three years of growth, shipments abroad of confectionery decreased by X% to X tons in 2022. Over the period under review, exports, however, showed strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then dropped markedly in the following year.

In value terms, confectionery exports declined rapidly to $X in 2022. In general, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced markedly in the following year.

Exports by Country

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

From 2012 to 2022, the average annual growth rate 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 the United Arab Emirates (X% per year).

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

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and South Sudan (X% per year).

Export Prices by Country

In 2022, the average confectionery export price amounted to $X per ton, declining by X% against the previous year. In general, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2016 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 the United Arab Emirates ($X per ton), while the average price for exports to Burundi ($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 Rwanda (X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into Uganda

Confectionery imports into Uganda fell modestly to X tons in 2022, with a decrease of X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, confectionery imports totaled $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main supplier of confectionery to Uganda, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates amounted to X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of confectionery to Uganda.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled X%.

Import Prices by Country

In 2022, the average confectionery import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2019 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform