Uganda: Market for Crude Sunflower-Seed And Safflower Oil 2025

Market Size for Crude Sunflower-Seed And Safflower Oil in Uganda

The Ugandan market for crude sunflower-seed and safflower oil stood at $X in 2022, increasing by 1.7% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Crude sunflower-seed and safflower oil consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Crude Sunflower-Seed And Safflower Oil in Uganda

In value terms, crude sunflower-seed and safflower oil production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 16%. Crude sunflower-seed and safflower oil production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Crude Sunflower-Seed And Safflower Oil

Exports from Uganda

In 2022, approx. X tons of crude sunflower-seed and safflower oil were exported from Uganda; declining by -17.7% on 2021. In general, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2018 when exports increased by 139% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, crude sunflower-seed and safflower oil exports reduced sharply to $X in 2022. Overall, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 133% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Switzerland (X tons) was the main destination for crude sunflower-seed and safflower oil exports from Uganda, with a 78% share of total exports. Moreover, crude sunflower-seed and safflower oil exports to Switzerland exceeded the volume sent to the second major destination, Kenya (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Switzerland totaled +29.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+3.3% per year) and Tanzania (-15.5% per year).

In value terms, Switzerland ($X) remains the key foreign market for crude sunflower-seed and safflower oil exports from Uganda, comprising 85% of total exports. The second position in the ranking was taken by Kenya ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Switzerland totaled +31.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+4.0% per year) and Tanzania (-15.7% per year).

Export Prices by Country

In 2022, the average export price for crude sunflower-seed and safflower oil amounted to $X per ton, declining by -8.2% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The pace of growth appeared the most rapid in 2021 an increase of 26% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Tanzania ($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 Switzerland (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports into Uganda

After three years of decline, supplies from abroad of crude sunflower-seed and safflower oil increased by 5.1% to X tons in 2022. Overall, imports, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 100%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, crude sunflower-seed and safflower oil imports declined to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 93%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Egypt (X tons) constituted the largest supplier of crude sunflower-seed and safflower oil to Uganda, accounting for a 82% share of total imports. Moreover, crude sunflower-seed and safflower oil imports from Egypt exceeded the figures recorded by the second-largest supplier, Tanzania (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (-3.4% per year) and South Africa (-42.5% per year).

In value terms, Egypt ($X) constituted the largest supplier of crude sunflower-seed and safflower oil to Uganda, comprising 81% of total imports. The second position in the ranking was taken by Tanzania ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Egypt stood at +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (+6.1% per year) and South Africa (-47.1% per year).

Import Prices by Country

In 2022, the average import price for crude sunflower-seed and safflower oil amounted to $X per ton, dropping by -11.3% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crude sunflower-seed and safflower oil import price increased by +46.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 67% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform