Uganda - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Uganda - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights

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Price for Balancing Mechanical Parts Machine in Uganda - 2022

Contents:

  1. Price for Balancing Mechanical Parts Machine in Uganda (CIF) - 2022
  2. Price for Balancing Mechanical Parts Machine in Uganda (FOB) - 2022
  3. Imports of Balancing Mechanical Parts Machine in Uganda
  4. Exports of Balancing Mechanical Parts Machine in Uganda

Price for Balancing Mechanical Parts Machine in Uganda (CIF) - 2022

In 2022, the average balancing mechanical parts machine import price amounted to $2,837 per unit, shrinking by -17.8% against the previous year. In general, the import price, however, saw a modest increase. The pace of growth appeared the most rapid in 2021 an increase of 115% against the previous year. The import price peaked at $5,743 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($7,604 per unit), while the price for Lebanon ($104 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+55.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balancing Mechanical Parts Machine in Uganda (FOB) - 2022

In 2022, the average balancing mechanical parts machine export price amounted to $340 per unit, dropping by -25.5% against the previous year. Over the period under review, the export price recorded a abrupt setback. The growth pace was the most rapid in 2015 when the average export price increased by 204%. The export price peaked at $6,836 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -7.3% per year.

Imports of Balancing Mechanical Parts Machine in Uganda

In 2022, approx. 33 units of machines for balancing mechanical parts were imported into Uganda; reducing by -25% on the previous year's figure. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. Over the period under review, imports hit record highs at 55 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, balancing mechanical parts machine imports declined notably to $94K in 2022. Over the period under review, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 330%. As a result, imports reached the peak of $152K, and then declined significantly in the following year.

Import of Balancing Mechanical Parts Machine in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa13.06.259.928.429.8%
United Kingdom5.80.20.322.757.6%
Belgium5.618.132.015.239.5%
BulgariaN/AN/AN/A8.70%
China4.68.841.74.92.1%
Italy0.93.15.62.744.2%
Germany2.31.50.41.5-13.3%
Kenya1.51.82.31.1-9.8%
South Korea0.40.51.30.614.5%
Hong Kong SAR0.40.61.10.57.7%
India0.70.30.50.2-34.1%
Japan0.10.20.40.226.0%
Lebanon0.10.10.20.10.0%
Others20.3-6.16.26.8-30.6%
Total55.835.315293.618.8%

Top Suppliers of Balancing Mechanical Parts Machine to Uganda in 2022:

  1. South Africa (17.0 units)
  2. United Kingdom (8.0 units)
  3. Germany (3.0 units)
  4. Belgium (2.0 units)
  5. Bulgaria (2.0 units)
  6. Italy (1.0 units)
  7. India (1.0 units)
  8. Japan (1.0 units)
  9. Lebanon (1.0 units)
  10. China (1.0 units)
  11. Kenya (1.0 units)
  12. South Korea (1.0 units)
  13. Hong Kong SAR (1.0 units)

Exports of Balancing Mechanical Parts Machine in Uganda

Balancing mechanical parts machine exports from Uganda skyrocketed to 2 units in 2022, picking up by 100% against the previous year's figure. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 300%. As a result, the exports reached the peak of 4 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, balancing mechanical parts machine exports skyrocketed to $679 in 2022. Over the period under review, exports, however, showed a sharp decline. Over the period under review, the exports reached the maximum at $4.1K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Balancing Mechanical Parts Machine in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda1,278316456679-19.0%
MalawiN/A28.0N/AN/A0%
Democratic Republic of the CongoN/A559N/AN/A0%
United Kingdom1,396N/AN/AN/A0%
Others1,381-1.0N/AN/A-100.1%
Total4,055902456679-44.9%

Top Export Markets for Balancing Mechanical Parts Machine from Uganda in 2022:

  1. Rwanda (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for balancing mechanical parts machine in Uganda. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28993970 - Machines for balancing mechanical parts

Country coverage:

  • Uganda

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Uganda
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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