What is the price of margarine per kilogram/pound in Uganda today?
The retail price range for Uganda margarine is between US$ 8.26 and US$ 14.58 per kilogram or between US$ 3.75 and US$ 6.61 per pound(lb). Click here to see today's exact prices of margarine in Uganda
The retail price range in Uganda Shilling for margarine is between UGX 31,762.40 and UGX 56,079.90 per kilogram or between UGX 14,404.71 and UGX 25,433.06 per pound(lb) in Kampala and Jinja.
Wholesale prices
In 2024, the approximate wholesale price range for Uganda margarine is between US$ 5.78 and US$ 10.21 per kilogram or between US$ 2.62 and US$ 4.63 per pound(lb).
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Uganda Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Uganda has seen a steady decline over the last five years. In 2017, the price was 2.19 US$ per kg, followed by 2.44 US$ per kg in 2018. In 2019, the price dropped to 2.43 US$ per kg and then rose to 4.53 US$ per kg in 2020. The price then dropped again to 2.49 US$ per kg in 2021. This indicates a downward trend in the export price of Margarine from Uganda over the last five years. Based on this trend, it is predicted that the export price of Margarine from Uganda in 2023 will be around 2.30 US$ per kg and in 2024 will be around 2.20 US$ per kg.The exports of margarine from Uganda are classified as:
- Margarine (excluding liquid) (HS code 151710)
Uganda Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Uganda has been relatively stable over the past five years. In 2017, the price was at its lowest point of $2.19, before increasing to $2.44 in 2018. The price then decreased slightly to $2.43 in 2019, before rising to $4.53 in 2020. This was followed by a decrease to $2.49 in 2021. Based on this trend, it is likely that the import price per kilogram of Margarine into Uganda will remain around the $2.50 mark in 2023 and 2024.Export values for Uganda margarine
The total values in export for margarine in Uganda were US$ 612, US$ 324, US$ 283 and US$ 301 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Uganda: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of margarine in other countries across Africa: Algeria margarine, Angola margarine, Botswana margarine, Burundi margarine, Cameroon margarine, Cape Verde margarine, Central African Republic margarine, Comoros margarine, DRC Congo margarine & Benin margarine.
Uganda margarine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Uganda exported 124 tonnes of margarine. Across 2019 alone, the market for Uganda margarine (processed category) has gone up, with a change of 6.897 per cent compared to the year 2018. Between 2017 and 2019, margarine's exports went down by -16.22 percent earning the country US$0.30m for the year 2019. Uganda's margarine exports are categorised as:
- Margarine (excluding liquid) (HS code 151710)
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Uganda margarine export values
In 2019, Uganda exported margarine with a value of 0.30m USD, an improvement of 6.01% from 2018's total margarine export of 0.283m USD. The yearly change in value of Uganda margarine between 2017 to 2018 was -12.654 per cent.
The annual change in the amount of Uganda's margarine exports between 2017 and 2019 was -16.22 percent when compared to a variation of 6.897% in the growth rate between 2018 and 2019.
Uganda's stake of the world's total margarine's exports in 2019 was less than 1%. The country is ranked position 71 in world exports of margarine.
Export markets for Uganda margarine ( in '000$ )
Uganda's top destinations for margarine are Burundi, South Sudan, Sudan, Tanzania and Rwanda.
Import/Export Trends
Uganda is a net exporter of margarine. The annual growth of Uganda margarine in value between 2015 to 2019 was 14%, per annum, while annual growth in quantity for the same period was 19%, per annum.
Uganda procured 9,055 tonnes of margarine in 2019.