Uganda has a large domestic market with demand for edible oils expanding rapidly (Uganda’s imports of edible oils increased more than five-fold to over $ 30 million in 2017). Member of EAC, which had recorded ever imports of edible oils in 2017, with 50% growth reaching nearly $1 billion.
How has the rice mill industry developed in Uganda?
The rice mill industry in Uganda has developed at a remarkable pace since the early 2000s. The high profitability of rice milling business and a low entry barrier facilitated small scale rice mills to have grown rapidly.
What is Uganda known for?
Uganda has a strong track in the production of agricultural products and is the most open trading country in the region. 35% of Uganda’s land is arable and suitable for growing edible oil seeds. such as sesame, soya bean, and sunflower. Production of Premium Virgin oils for export is realisable in Uganda in the medium to longer term.
What are the opportunities for investment in the up-stream value chain in Uganda?
There are also opportunities for investment in the up-stream value chain in Uganda to expand raw material supplies {e.g. avocado production), for which there is strong demand.