Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uganda - 2022
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uganda (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uganda (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uganda
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uganda
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uganda (CIF) - 2022
The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $3,965 per ton in 2022, picking up by 44% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) increased by +83.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 78% against the previous year. As a result, import price reached the peak level of $4,721 per ton. From 2014 to 2022, the average import prices remained at a 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 ($13,090 per ton), while the price for the United Arab Emirates ($1,751 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uganda (FOB) - 2022
In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $9,933 per ton, surging by 121% against the previous year. In general, the export price saw a prominent expansion. The growth pace was the most rapid in 2019 an increase of 177%. The export price peaked in 2022 and is likely to see steady growth in years to come.
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 Democratic Republic of the Congo amounted to +36.7% per year.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uganda
Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Uganda dropped remarkably to 119 tons in 2022, with a decrease of -53.6% compared with the year before. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 69% against the previous year. As a result, imports reached the peak of 257 tons, and then declined dramatically in the following year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) fell remarkably to $472K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 70%. As a result, imports attained the peak of $708K, and then declined markedly in the following year.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 224 | 222 | 654 | 213 | -1.7% |
| Kenya | 104 | 117 | 24.2 | 168 | 17.3% |
| United Arab Emirates | 27.0 | 19.8 | 3.7 | 18.5 | -11.8% |
| India | 45.4 | 26.1 | 23.5 | 14.5 | -31.6% |
| Germany | 2.0 | 1.8 | N/A | 10.1 | 71.6% |
| Turkey | 14.6 | 5.8 | 0.9 | 0.2 | -76.1% |
| Others | 60.3 | 24.3 | 2.1 | 47.0 | -8.0% |
| Total | 477 | 418 | 708 | 472 | -0.4% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Uganda in 2022:
- China (72.0 tons)
- Kenya (28.6 tons)
- United Arab Emirates (10.5 tons)
- Germany (3.4 tons)
- India (1.1 tons)
- Turkey (0.1 tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uganda
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) exported from Uganda reduced dramatically to 208 kg, waning by -53.2% on 2021 figures. In general, exports saw a significant decline. The pace of growth was the most pronounced in 2021 when exports increased by 140%.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) rose to $2.1K in 2022. Over the period under review, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 9.6 | N/A | N/A | 2.1 | -39.7% |
| Switzerland | N/A | 1.3 | N/A | N/A | 0% |
| China | N/A | N/A | 0.4 | N/A | 0% |
| Democratic Republic of the Congo | N/A | N/A | 1.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.6 | 1.3 | 2.0 | 2.1 | -39.7% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Uganda in 2022:
- Rwanda (208.0 kg)
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