What is the price of soyabean oil per kilogram/pound in Uganda today?
The retail price range for Uganda soyabean oil is between US$ 1.43 and US$ 3.33 per kilogram or between US$ 0.65 and US$ 1.51 per pound(lb). Click here to see today's exact prices of soyabean oil in Uganda
The retail price range in Uganda Shilling for soyabean oil is between UGX 5,484.23 and UGX 12,796.54 per kilogram or between UGX 2,487.18 and UGX 5,803.42 per pound(lb) in Kampala and Jinja.
Wholesale prices
In 2024, the approximate wholesale price range for Uganda soyabean oil is between US$ 1.00 and US$ 2.33 per kilogram or between US$ 0.45 and US$ 1.06 per pound(lb).
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Uganda Soyabean Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soyabean oil from Uganda over the last five years has seen a steady decline. In 2017, the price was 1.09 US $ per kg, and in 2021 it was 0.99 US $ per kg. The lowest price was recorded in 2019, at 0.73 US $ per kg. The price has since increased slightly to 0.99 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Soyabean oil from Uganda in 2023 will be 0.94 US $ per kg, and in 2024 it will be 0.89 US $ per kg.The Uganda soyabean oil exports are classified as:
- Crude soya-bean oil, whether or not degummed (HS code 150710)
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
Uganda Soyabean Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soyabean oil into Uganda over the last five years has been relatively stable. In 2017 and 2018, the price was 1.09 US $ per kg, before dropping to 0.73 US $ per kg in 2019. This was followed by a further decrease to 0.68 US $ per kg in 2020. However, the price has since increased to 0.99 US $ per kg in 2021. Looking ahead, it is likely that the import price per kilogram of Soyabean oil into Uganda will remain relatively stable in the next two years. We predict that the price will be around 1.00 US $ per kg in 2023 and 1.05 US $ per kg in 2024.Export values for Uganda soyabean oil
The total values in export for soyabean oil in Uganda were US$ 1,696, US$ 1,441, US$ 1,812 and US$ 1,300 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 soyabean oil in other countries across Africa: Algeria soyabean oil, Angola soyabean oil, Botswana soyabean oil, Burundi soyabean oil, Cameroon soyabean oil, Cape Verde soyabean oil, Central African Republic soyabean oil, Comoros soyabean oil, DRC Congo soyabean oil & Benin soyabean oil.
Uganda soyabean oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Uganda sold 1,770 tonnes of soyabean oil. For the year 2019 alone, the interest in Uganda soyabean oil (processed category) has climbed, flactuating by 1.085 percent compared to the year 2018. Between 2017 and 2019, soyabean oil's exports went up by 33.28 pc netting Uganda US$1.30m for the year 2019. Uganda's soyabean oil exports are classified as:
- Crude soya-bean oil, whether or not degummed (HS code 150710)
- Soya-bean oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 150790)
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Uganda soyabean oil export values
In 2019, Uganda shipped soyabean oil with a value of 1.30m USD, a reduction of -28.26% from 2018's total soyabean oil export of 1.812m USD. The yearly reduction in value of Uganda soyabean oil between 2017 to 2018 was 25.746%.
The annual/yearly change in the quantity of Uganda's soyabean oil exports between 2017 and 2019 was 33.28 pc in comparison to a variation of 1.085% in the period between 2018 and 2019.
Export markets for Uganda soyabean oil ( in '000$ )
Uganda's best performing destinations for soyabean oil are DRC Congo, Tanzania, Rwanda and Kenya.
Uganda procured 1 tonnes of soyabean oil in 2019.