Uganda: Market for Gingerbread, Sweet Biscuits and Waffles 2024

Market Size for Gingerbread, Sweet Biscuits and Waffles in Uganda

The Ugandan market for gingerbread, sweet biscuits and waffles reached $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Gingerbread, sweet biscuit and waffle consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Gingerbread, Sweet Biscuits and Waffles in Uganda

In value terms, gingerbread, sweet biscuit and waffle production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by 26% against the previous year. Gingerbread, sweet biscuit and waffle production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Gingerbread, Sweet Biscuits and Waffles

Exports from Uganda

In 2022, shipments abroad of gingerbread, sweet biscuits and waffles was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep reduction. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, gingerbread, sweet biscuit and waffle exports soared to $X in 2022. Overall, exports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 457%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X tons), South Sudan (X tons) and Kenya (X tons) were the main destinations of gingerbread, sweet biscuit and waffle exports from Uganda, together accounting for 97% of total exports.

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of +114.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for gingerbread, sweet biscuit and waffle exported from Uganda were Democratic Republic of the Congo ($X), South Sudan ($X) and Kenya ($X), together accounting for 97% of total exports.

Among the main countries of destination, Kenya, with a CAGR of +134.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for gingerbread, sweet biscuits and waffles amounted to $X per ton, which is down by -2.2% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 21% against the previous year. The export price peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Rwanda ($X per ton) and Burundi ($X per ton), while the average price for exports to Kenya ($X per ton) and South Sudan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gingerbread, Sweet Biscuits and Waffles

Imports into Uganda

In 2022, after two years of decline, there was significant growth in overseas purchases of gingerbread, sweet biscuits and waffles, when their volume increased by 17% to X tons. Over the period under review, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 20% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, gingerbread, sweet biscuit and waffle imports surged to $X in 2022. In general, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 26%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) was the main gingerbread, sweet biscuit and waffle supplier to Uganda, accounting for a 90% share of total imports. Moreover, gingerbread, sweet biscuit and waffle imports from India exceeded the figures recorded by the second-largest supplier, Kenya (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from India totaled -8.0%.

In value terms, India ($X) constituted the largest supplier of gingerbread, sweet biscuits and waffles to Uganda, comprising 79% of total imports. The second position in the ranking was held by Kenya ($X), with a 9.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled -9.3%.

Import Prices by Country

The average import price for gingerbread, sweet biscuits and waffles stood at $X per ton in 2022, remaining stable against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 21% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($X per ton), while the price for India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+1.2%).

Source: IndexBox Platform