What is the price of olive oil per kilogram/pound in Uganda today?
The retail price range for Uganda olive oil is between US$ 2.87 and US$ 15.35 per kilogram or between US$ 1.30 and US$ 6.96 per pound(lb). Click here to see today's exact prices of olive oil in Uganda
The retail price range in Uganda Shilling for olive oil is between UGX 11,036.55 and UGX 59,021.55 per kilogram or between UGX 5,005.24 and UGX 26,767.14 per pound(lb) in Kampala and Jinja.
Wholesale prices
In 2024, the approximate wholesale price range for Uganda olive oil is between US$ 2.01 and US$ 10.74 per kilogram or between US$ 0.91 and US$ 4.87 per pound(lb).
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Uganda Olive Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olive Oil from Uganda has seen a steady increase over the last five years. In 2017, the price was 0.77 US $ per kg, and by 2021 it had risen to 0.63 US $ per kg. This represents an increase of 18.4%. The highest price was seen in 2020, when it reached 2.6 US $ per kg. We can expect the price of Olive Oil from Uganda to remain steady in the coming years, with a predicted price of 0.63 US $ per kg in 2023 and 0.64 US $ per kg in 2024.The olive oil exports from Uganda are classified as:
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
Uganda Olive Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olive Oil into Uganda has seen a fluctuating trend over the last five years. In 2017, the price was 0.77 US dollars per kg, which was a decrease from the previous year. In 2018, the price increased to 1.00 US dollars per kg, before dropping to 0.75 US dollars per kg in 2019. However, in 2020, the price saw a significant increase to 2.60 US dollars per kg. This was followed by a decrease to 0.63 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Olive Oil into Uganda in 2023 will be 1.17 US dollars per kg and in 2024 it will be 0.94 US dollars per kg.Export values for Uganda olive oil
The total values in export for olive oil in Uganda were US$ 39, US$ 10, US$ 6 and US$ 9 in US dollar thousand for the years 2015, 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 olive oil in other countries across Africa: Algeria olive oil, Angola olive oil, Botswana olive oil, Burundi olive oil, Cameroon olive oil, Cape Verde olive oil, Central African Republic olive oil, Comoros olive oil, DRC Congo olive oil & Benin olive oil.
Uganda olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Uganda sold 12 tonnes of olive oil. For the year 2019 alone, the market for Uganda olive oil (processed category) has increased, recording a change of 100 pc compared to the year 2018. Between 2017 and 2019, olive oil's exports went down by -7.69 pc bringing the exporter US$0.01m for the year 2019. Uganda's olive oil exports are classified as:
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
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Uganda olive oil export values
In 2019, Uganda supplied olive oil valued at 0.01m USD, an increment of 66.67% from 2018's total olive oil export of 0.006m USD. The yearly growth in value of Uganda olive oil between 2017 to 2018 was -40 pc.
The yearly variation in the quantity of Uganda's olive oil exports between 2017 and 2019 was -7.69% in comparison to a variation of 100% in the period between 2018 and 2019.
Export markets for Uganda olive oil ( in '000$ )
Uganda's best performing export markets for olive oil are DRC Congo, United Kingdom (UK), South Sudan, Sudan and Rwanda.
Uganda purchased 342 tonnes of olive oil in 2019.