Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uganda - 2022
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uganda (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uganda (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uganda
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uganda
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uganda (CIF) - 2022
In 2022, the average import price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $91 per unit, with an increase of 7.2% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for furniture; wooden, other than for office, kitchen or bedroom use decreased by -22.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 50% against the previous year. Over the period under review, average import prices reached the maximum at $117 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 India ($389 per unit), while the price for South Africa ($34 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uganda (FOB) - 2022
In 2022, the average export price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $62 per unit, jumping by 62% against the previous year. Overall, the export price, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 126%. Over the period under review, the average export prices reached the peak figure at $100 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($145 per unit), while the average price for exports to Burundi ($24 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uganda
In 2022, after two years of decline, there was significant growth in overseas purchases of furniture; wooden, other than for office, kitchen or bedroom use, when their volume increased by 85% to 28K units. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use soared to $2.5M in 2022. Over the period under review, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 134 | 317 | 498 | 812 | 82.3% |
| China | 539 | 773 | 291 | 398 | -9.6% |
| Italy | 41.1 | 448 | 88.4 | 338 | 101.8% |
| United Arab Emirates | 69.7 | 62.6 | 88.7 | 311 | 64.6% |
| Malaysia | 278 | 132 | 22.2 | 253 | -3.1% |
| Lebanon | N/A | 1.7 | N/A | 130 | 774.5% |
| Kenya | 94.1 | 23.8 | 35.2 | 83.3 | -4.0% |
| South Africa | 137 | 34.2 | 13.7 | 29.5 | -40.1% |
| India | 871 | 3.2 | 10.4 | 27.6 | -68.4% |
| United Kingdom | 34.4 | 143 | 39.9 | 18.6 | -18.5% |
| Egypt | 6.4 | N/A | 25.6 | 8.1 | 8.2% |
| Jordan | 109 | N/A | 66.8 | 1.6 | -75.5% |
| Others | 123 | 203 | 102 | 124 | 0.3% |
| Total | 2,436 | 2,141 | 1,281 | 2,536 | 1.4% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Uganda in 2022:
- Turkey (10.0K units)
- Italy (4.2K units)
- United Arab Emirates (3.8K units)
- China (2.6K units)
- Kenya (1.7K units)
- Malaysia (1.4K units)
- South Africa (0.9K units)
- Lebanon (0.9K units)
- Egypt (0.7K units)
- United Kingdom (0.2K units)
- India (0.1K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uganda
In 2022, shipments abroad of furniture; wooden, other than for office, kitchen or bedroom use decreased by -32.5% to 1.5K units, falling for the second year in a row after two years of growth. In general, exports faced a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 22% against the previous year. As a result, the exports reached the peak of 2.8K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use expanded significantly to $96K in 2022. Over the period under review, exports recorded a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 54%. As a result, the exports reached the peak of $228K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 2.3 | N/A | 6.5 | 36.7 | 151.8% |
| Rwanda | 12.5 | 137 | 14.0 | 22.5 | 21.6% |
| Burundi | 2.9 | 1.4 | 6.8 | 16.1 | 77.1% |
| Kenya | 27.3 | 6.3 | 8.1 | 10.0 | -28.4% |
| Democratic Republic of the Congo | 26.7 | 1.0 | 1.2 | 6.0 | -39.2% |
| United Kingdom | 22.4 | 56.7 | 42.5 | N/A | 37.7% |
| Gambia | N/A | N/A | 0.1 | N/A | 0% |
| Others | 54.3 | 25.0 | 8.9 | 5.1 | -54.5% |
| Total | 148 | 228 | 88.0 | 96.3 | -13.3% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Uganda in 2022:
- Burundi (672.0 units)
- Kenya (304.0 units)
- Ethiopia (294.0 units)
- Rwanda (190.0 units)
- Democratic Republic of the Congo (41.0 units)
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