Key Market Indicators
Since 2008, Uganda has witnessed a significant reduction in supply, decreasing by around 38% annually. In terms of fuel imports, projections indicate a decline from 7 cubic meters in 2023 to about 6 cubic meters by 2028. This represents an average annual decrease of 3%. The trend of diminishing demand has been evident since 2013, with Ugandan fuel demand falling by approximately 5% each year.