The import of fresh or chilled garlic to Uganda has shown a significant upward trend over the years, with actual imports standing at 1864.1 thousand kilograms in 2023. The year-on-year variations indicate an overall increase, albeit with occasional fluctuations. The import volume grew drastically by 62.95% in 2018, reflecting a crucial year in the trade dynamics. The average annual growth rate (CAGR) over the last five years is 2.9%, showing a stable, though modest, upward trend.
Looking at the forecasted data, imports are expected to continue rising, with projections reaching 2251.4 thousand kilograms by 2028. The forecasted 5-year CAGR stands at 2.97%, indicating sustained growth. The overall 5-year growth rate is expected to be 15.77%, emphasizing long-term growth prospects.
Future trends to watch for include:
- Possible impacts of global garlic supply fluctuations on Uganda's import volumes.
- Changes in domestic consumption patterns and preferences affecting garlic demand.
- Import policies and trade agreements influencing market dynamics.
- Potential advancements in domestic garlic production reducing dependency on imports.
