Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Uganda - 2022

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Uganda (CIF) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Uganda (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Uganda
4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Uganda

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Uganda (CIF) - 2022

The average import price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,214 per ton in 2022, dropping by -22.5% against the previous year. Overall, the import price, however, continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 99% against the previous year. The import price peaked at $1,566 per ton in 2021, and then reduced remarkably in the following year.

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 the United Arab Emirates ($2,916 per ton), while the price for Switzerland ($605 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+91.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Uganda (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,058 per ton, picking up by 22% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 78%. Over the period under review, the average export prices reached the peak figure at $1,301 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Rwanda ($1,345 per ton) and Burundi ($1,095 per ton), while the average price for exports to South Sudan ($965 per ton) and Democratic Republic of the Congo ($1,001 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+34.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Uganda

In 2022, imports of alloy steel flat-rolled products, of a width 600mm or mores into Uganda surged to 458 tons, growing by 54% compared with 2021. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 134% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores soared to $556K in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 73% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Uganda in 2022:

1. Japan (335.2 tons)
2. United Arab Emirates (37.5 tons)
3. Switzerland (31.1 tons)
4. Finland (20.3 tons)
5. Kenya (19.1 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Uganda

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores exported from Uganda surged to 17 tons, jumping by 139% on the previous year. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 395%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores soared to $18K in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 269%. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Uganda in 2022:

1. Burundi (11.9 tons)
2. South Sudan (4.4 tons)
3. Democratic Republic of the Congo (0.8 tons)

Source: IndexBox Market Intelligence Platform