Prepared Sheep Leather Price in Uganda - 2022

Contents:

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

Prepared Sheep Leather Price in Uganda (FOB) - 2022

In 2022, the average prepared sheep leather export price amounted to $8.3 per square meter, with a decrease of -2.3% against the previous year. Overall, the export price recorded a abrupt contraction. The growth pace was the most rapid in 2019 when the average export price increased by 91%. The export price peaked at $27 per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($13 per square meter), while the average price for exports to the United Arab Emirates stood at $0.7 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-7.3%).

Prepared Sheep Leather Price in Uganda (CIF) - 2022

In 2022, the average prepared sheep leather import price amounted to $13 per square meter, falling by -11.9% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2016 an increase of 26% against the previous year. The import price peaked at $18 per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ethiopia ($40 per square meter), while the price for Kenya ($10 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ethiopia (+20.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Prepared Sheep Leather Exports in Uganda

For the fourth year in a row, Uganda recorded growth in shipments abroad of sheep or lamb skin leather, prepared, which increased by 18% to 4.3K square meters in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, prepared sheep leather exports skyrocketed to $36K in 2022. Overall, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports attained the peak figure at $54K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Prepared Sheep Leather from Uganda in 2022:

1. Indonesia (2.8K square meters)
2. United Arab Emirates (1.5K square meters)

Prepared Sheep Leather Imports in Uganda

In 2022, overseas purchases of sheep or lamb skin leather, prepared increased by 101% to 177 square meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt slump. Imports peaked at 279 square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, prepared sheep leather imports soared to $2.2K in 2022. In general, imports, however, faced a abrupt slump. Over the period under review, imports attained the peak figure at $3.6K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Prepared Sheep Leather to Uganda in 2022:

1. Kenya (147.0 square meters)
2. China (16.0 square meters)
3. Ethiopia (13.0 square meters)

Source: IndexBox Market Intelligence Platform