Price for Tobacco; "Homogenised" or "Reconstituted" in Uganda - 2022

Price for Tobacco; "Homogenised" or "Reconstituted" in Uganda (FOB) - 2022

In 2022, the average tobacco; "homogenised" or "reconstituted" export price amounted to $890 per ton, declining by -5.3% against the previous year. In general, the export price saw a abrupt decrease. The growth pace was the most rapid in 2016 an increase of 7.3% against the previous year. The export price peaked at $3,084 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From 2012 to 2022, the rate of growth in terms of prices for Mauritania amounted to -11.8% per year.

Price for Tobacco; "Homogenised" or "Reconstituted" in Uganda (CIF) - 2022

The average tobacco; "homogenised" or "reconstituted" import price stood at $5,000 per ton in 2022, remaining constant against the previous year. In general, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 85%. Over the period under review, average import prices hit record highs at $11,604 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Angola.

From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to +16.9% per year.

Exports of Tobacco; "Homogenised" or "Reconstituted" in Uganda

Tobacco; "homogenised" or "reconstituted" exports from Uganda expanded notably to 5.1 tons in 2022, increasing by 8.5% compared with 2021 figures. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 66% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tobacco; "homogenised" or "reconstituted" exports expanded modestly to $4.6K in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tobacco; "Homogenised" or "Reconstituted" in Uganda (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mauritania	3.1	0.3	4.4	4.6	14.1%
Luxembourg	N/A	4.0	N/A	N/A	0%
Kenya	1.1	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	4.2	4.3	4.4	4.6	3.1%

Top Export Markets for Tobacco; "Homogenised" or "Reconstituted" from Uganda in 2022:

Mauritania (5.1 tons)

Imports of Tobacco; "Homogenised" or "Reconstituted" in Uganda

For the fourth consecutive year, Uganda recorded growth in supplies from abroad of tobacco; "homogenised" or "reconstituted"s, which increased by 121% to 343 kg in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 382%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, tobacco; "homogenised" or "reconstituted" imports amounted to $1.3K in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 777% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.