Report Update Nov 1, 2024

Uganda - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights

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Uganda: Crude Groundnut Oil Market 2024

Crude Groundnut Oil Market Size in Uganda

The Ugandan crude groundnut oil market rose markedly to $X in 2022, picking up by 10% against the previous year. Overall, consumption posted a resilient increase. Crude groundnut oil consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Crude Groundnut Oil Production in Uganda

In value terms, crude groundnut oil production expanded sharply to $X in 2022 estimated in export price. In general, production continues to indicate a strong increase. The growth pace was the most rapid in 2017 with an increase of 149%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Crude Groundnut Oil Exports

Exports from Uganda

In 2022, approx. X kg of crude groundnut oil were exported from Uganda; which is down by -5.1% compared with the previous year's figure. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 473%. Over the period under review, the exports attained the peak figure at X kg in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, crude groundnut oil exports expanded remarkably to $X in 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 397%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Rwanda (X kg) was the main destination for crude groundnut oil exports from Uganda, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Rwanda amounted to -11.6%.

In value terms, Rwanda ($X) also remains the key foreign market for crude groundnut oil exports from Uganda.

From 2012 to 2022, the average annual growth rate of value to Rwanda stood at -10.9%.

Export Prices by Country

In 2022, the average crude groundnut oil export price amounted to $X per ton, surging by 19% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 410% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +0.8% per year.

Crude Groundnut Oil Imports

Imports into Uganda

In 2020, overseas purchases of crude groundnut oil decreased by -18.2% to X kg for the first time since 2015, thus ending a four-year rising trend. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2017 with an increase of 144% against the previous year. Over the period under review, imports hit record highs at X kg in 2019, and then plummeted in the following year.

In value terms, crude groundnut oil imports declined remarkably to $X in 2020. In general, total imports indicated a notable expansion from 2016 to 2020: its value increased at an average annual rate of +4.3% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -35.0% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 43% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2020, the growth of imports failed to regain momentum.

Imports by Country

In 2020, Democratic Republic of the Congo (X kg) was the main supplier of crude groundnut oil to Uganda, accounting for a approx. 100% share of total imports.

From 2016 to 2020, the average annual rate of growth in terms of volume from Democratic Republic of the Congo was relatively modest.

In value terms, Democratic Republic of the Congo ($X) constituted the largest supplier of crude groundnut oil to Uganda.

From 2016 to 2020, the average annual rate of growth in terms of value from Democratic Republic of the Congo was relatively modest.

Import Prices by Country

In 2020, the average crude groundnut oil import price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the import price recorded a precipitous descent. The import price peaked at $X per ton in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Democratic Republic of the Congo.

From 2016 to 2020, the rate of growth in terms of prices for China amounted to -46.2% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the crude groundnut oil 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 244 - Oil of Groundnuts

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023