Hardboard Price in Uganda - 2021

Contents:

  1. Hardboard Price in Uganda (CIF) - 2022
  2. Hardboard Price in Uganda (FOB) - 2022
  3. Hardboard Imports in Uganda
  4. Hardboard Exports in Uganda

Hardboard Price in Uganda (CIF) - 2022

The average hardboard import price stood at $964 per cubic meter in 2022, rising by 53% against the previous year. In general, the import price continues to indicate a measured expansion. The growth pace was the most rapid in 2021 when the average import price increased by 561%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,976 per cubic meter), while the price for Egypt ($169 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Hardboard Price in Uganda (FOB) - 2022

In 2022, the average hardboard export price amounted to $167 per cubic meter, with a decrease of -32.5% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. As a result, the export price attained the peak level of $1,383 per cubic meter. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($479 per cubic meter), while the average price for exports to Rwanda ($1 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (-32.7%).

Hardboard Imports in Uganda

Hardboard imports into Uganda skyrocketed to 89 cubic meters in 2022, jumping by 53% against 2021 figures. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 480%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, hardboard imports surged to $86K in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 3,732%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Hardboard in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa1.00.515.728.0203.7%
SpainN/AN/AN/A14.90%
Malaysia0.60.38.213.1179.5%
Kenya0.10.15.48.1332.7%
China0.30.11.92.9113.0%
EgyptN/AN/A0.50.740.0%
TurkeyN/AN/A0.20.5150.0%
Others0.10.14.817.7461.5%
Total2.21.036.785.8239.1%

Top Suppliers of Hardboard to Uganda in 2022:

  1. Malaysia (33.0 cubic meters)
  2. Kenya (22.0 cubic meters)
  3. South Africa (12.0 cubic meters)
  4. Spain (5.0 cubic meters)
  5. Egypt (4.0 cubic meters)
  6. Turkey (3.0 cubic meters)
  7. China (2.0 cubic meters)

Hardboard Exports in Uganda

In 2022, after two years of decline, there was significant growth in overseas shipments of hardboard, when their volume increased by 50% to 3 cubic meters. Over the period under review, exports, however, saw a abrupt slump. The exports peaked at 4 cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, hardboard exports stood at $501 in 2022. Overall, exports, however, continue to indicate a sharp downturn. Over the period under review, the exports reached the peak figure at $2.1K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Hardboard in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
BurundiN/AN/AN/A4790%
Democratic Republic of the Congo2,0651,24948721.0-78.3%
Rwanda83.073.08.01.0-77.1%
OthersN/AN/AN/AN/A0%
Total2,1481,322495501-38.4%

Top Export Markets for Hardboard from Uganda in 2022:

  1. Burundi (1.0 cubic meters)
  2. Democratic Republic of the Congo (1.0 cubic meters)
  3. Rwanda (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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