Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uganda - 2022

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uganda (CIF) - 2022
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uganda (FOB) - 2022
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uganda
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uganda

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uganda (CIF) - 2022

In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $1,797 per ton, which is down by -13.2% against the previous year. In general, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 an increase of 41%. The import price peaked at $2,439 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +8.0% per year.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uganda (FOB) - 2022

The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $1,701 per ton in 2022, standing approx. at the previous year. In general, the export price saw a perceptible descent. The pace of growth was the most pronounced in 2019 an increase of 100% against the previous year. Over the period under review, the average export prices hit record highs at $4,536 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($1,741 per ton), while the average price for exports to Democratic Republic of the Congo totaled $1,588 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+146.6%), while the prices for the other major destinations experienced a decline.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uganda

In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) imported into Uganda reduced to 268 tons, which is down by -14.6% compared with the previous year. Overall, imports saw a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 47%.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) shrank rapidly to $483K in 2022. Over the period under review, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 107% against the previous year.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates31.114.260.9483149.5%
China184108166N/A-5.0%
Germany10416.3251N/A55.4%
India13322.854.0N/A-36.3%
Egypt71.047.858.9N/A-8.9%
Kenya23.428.311.0N/A-31.4%
Italy41.734.511.6N/A-47.3%
Others95.042.238.2N/A-36.6%
Total684314651483-11.0%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Uganda in 2022:

  1. United Arab Emirates (268.5 tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uganda

In 2022, approx. 14 tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were exported from Uganda; reducing by -32.7% on the year before. Overall, exports, however, saw a perceptible increase. The growth pace was the most rapid in 2021 when exports increased by 495% against the previous year. As a result, the exports reached the peak of 20 tons, and then fell significantly in the following year.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) dropped sharply to $23K in 2022. In general, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 206% against the previous year.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya1.14.826.917.7152.5%
Democratic Republic of the Congo15.06.65.35.7-27.6%
South Sudan14.0N/A1.9N/A-63.2%
Rwanda9.9N/AN/AN/A0%
OthersN/A0.11.0N/A900.0%
Total40.111.535.223.3-16.6%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Uganda in 2022:

  1. Kenya (10.1 tons)
  2. Democratic Republic of the Congo (3.6 tons)

Source: IndexBox Market Intelligence Platform

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