Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Uganda - 2022

Contents:

  1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Uganda (CIF) - 2022
  2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Uganda (FOB) - 2022
  3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Uganda
  4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Uganda

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Uganda (CIF) - 2022

The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $618 per ton in 2022, reducing by -78.2% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the maximum at $2,833 per ton in 2021, and then declined dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($2,354 per ton), while the price for China ($355 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Uganda (FOB) - 2022

The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $8,968 per ton in 2022, waning by -48.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 66% against the previous year. The export price peaked at $59,813 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($30,667 per ton), while the average price for exports to Democratic Republic of the Congo amounted to $7,064 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+49.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Uganda

In 2022, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses into Uganda soared to 146 tons, picking up by 5,093% against 2021 figures. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $90K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3.50.71.742.3129.5%
China0.7N/A0.230.7252.7%
South Africa0.6N/A0.312.1172.2%
Tanzania0.1N/AN/A0.9108.0%
Israel16.92.0N/AN/A-88.2%
Others0.50.15.84.4106.5%
Total22.42.98.090.459.2%

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Uganda in 2022:

  1. China (86.6 tons)
  2. United Kingdom (49.9 tons)
  3. South Africa (5.1 tons)
  4. Tanzania (2.1 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Uganda

In 2022, approx. 186 kg of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses were exported from Uganda; with an increase of 100% against the previous year. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 174% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses totaled $1.7K in 2022. In general, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 3.1% against the previous year.

Export of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo1,6632099231,208-10.1%
Rwanda469404698460-0.6%
SomaliaN/A960N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2,1321,5731,6211,668-7.9%

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Uganda in 2022:

  1. Democratic Republic of the Congo (171.0 kg)
  2. Rwanda (15.0 kg)

Source: IndexBox Market Intelligence Platform

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