Uganda: Processed Meat Market 2024

Processed Meat Market Size in Uganda

The Ugandan processed meat market stood at $X in 2022, with an increase of X% against the previous year. In general, consumption continues to indicate resilient growth. Processed meat consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Processed Meat Production in Uganda

In value terms, processed meat production expanded sharply to $X in 2022 estimated in export price. Overall, the total production indicated a measured increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Processed meat production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Processed Meat Exports

Exports from Uganda

In 2022, shipments abroad of processed meat increased by X% to X tons for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, exports, however, showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, processed meat exports rose significantly to $X in 2022. Overall, exports, however, faced a precipitous curtailment. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam (X tons) was the main destination for processed meat exports from Uganda, accounting for a X% share of total exports. Moreover, processed meat exports to Vietnam exceeded the volume sent to the second major destination, Bahrain (X tons), fourfold. The third position in this ranking was taken by South Sudan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and South Sudan (X% per year).

In value terms, the largest markets for processed meat exported from Uganda were Vietnam ($X), Somalia ($X) and South Sudan ($X), together accounting for X% of total exports.

Among the main countries of destination, South Sudan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average processed meat export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($X per ton), while the average price for exports to Sudan ($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 South Sudan (X%), while the prices for the other major destinations experienced a decline.

Processed Meat Imports

Imports into Uganda

In 2022, after four years of growth, there was significant decline in supplies from abroad of processed meat, when their volume decreased by X% to X tons. Overall, total imports indicated a strong increase from 2012 to 2022: its volume 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, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, processed meat imports declined to $X in 2022. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of processed meat to Uganda, with a X% share of total imports. Moreover, processed meat imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Kenya (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (X% per year) and Portugal (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of processed meat to Uganda, comprising X% of total imports. The second position in the ranking was held by Kenya ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (X% per year) and Portugal (X% per year).

Import Prices by Country

The average processed meat import price stood at $X per ton in 2022, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood 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 Kenya ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform