Price for Cotton; Sewing Thread, Put Up for Retail Sale in Uganda - 2022

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Uganda (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Uganda (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Uganda
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Uganda

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Uganda (CIF) - 2022

The average import price for cotton; sewing thread, put up for retail sale stood at $9,394 per ton in 2022, increasing by 86% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Pakistan ($26,854 per ton), while the price for Kenya ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Uganda (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $12,542 per ton in 2022, falling by -68.8% against the previous year. Overall, the export price showed a deep setback. The pace of growth was the most pronounced in 2021 an increase of 240% against the previous year. As a result, the export price attained the peak level of $40,138 per ton, and then shrank sharply in the following year.

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 Rwanda ($41,300 per ton), while the average price for exports to Democratic Republic of the Congo ($11,359 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Uganda

In 2022, purchases abroad of cotton; sewing thread, put up for retail sale was finally on the rise to reach 1.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a dramatic downturn.

In value terms, imports of cotton; sewing thread, put up for retail sale surged to $12K in 2022. In general, imports, however, showed a abrupt decline.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.42.70.94.711.4%
China9.17.12.93.7-25.9%
PakistanN/A0.10.21.1231.7%
United Kingdom3.5N/AN/A1.1-32.0%
Thailand0.90.70.21.03.6%
Kenya0.10.1N/A0.10.0%
Others0.80.60.10.6-9.1%
Total17.911.24.412.3-11.8%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Uganda in 2022:

  1. United Arab Emirates (739.0 kg)
  2. China (257.0 kg)
  3. Thailand (171.0 kg)
  4. United Kingdom (54.0 kg)
  5. Pakistan (41.0 kg)
  6. Kenya (26.0 kg)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Uganda

In 2022, exports of cotton; sewing thread, put up for retail sale from Uganda soared to 489 kg, jumping by 222% compared with the year before. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 3,643%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of cotton; sewing thread, put up for retail sale reached $6.1K in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 3,628% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo0.12.70.55.3275.6%
RwandaN/A0.2N/A0.441.4%
BurundiN/A0.1N/A0.241.4%
MauritiusN/AN/A5.5N/A0%
OthersN/AN/AN/A0.20%
Total0.13.16.16.1293.6%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Uganda in 2022:

  1. Democratic Republic of the Congo (471.0 kg)
  2. Rwanda (10.0 kg)
  3. Burundi (7.0 kg)

Source: IndexBox Market Intelligence Platform

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