Price for Inner Tubes, of Rubber in Uganda - 2022

Contents:

  1. Price for Inner Tubes, of Rubber in Uganda (CIF) - 2022
  2. Price for Inner Tubes, of Rubber in Uganda (FOB) - 2022
  3. Imports of Inner Tubes, of Rubber in Uganda
  4. Exports of Inner Tubes, of Rubber in Uganda

Price for Inner Tubes, of Rubber in Uganda (CIF) - 2022

The average inner tubes, of rubber import price stood at $1.1 per unit in 2022, with a decrease of -1.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 39% against the previous year. The import price peaked at $1.2 per unit in 2013; however, from 2014 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 China ($2 per unit), while the price for Sri Lanka ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Inner Tubes, of Rubber in Uganda (FOB) - 2022

In 2022, the average inner tubes, of rubber export price amounted to $0.9 per unit, reducing by -14.5% against the previous year. Over the period under review, the export price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of 77%. The export price peaked at $1.8 per unit in 2020; however, from 2021 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 Tanzania ($1.2 per unit), while the average price for exports to Burundi ($0.5 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 Rwanda (+41.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inner Tubes, of Rubber in Uganda

In 2022, the amount of inner tubes, of rubbers imported into Uganda reduced dramatically to 1.8M units, waning by -29.7% against 2021 figures. In general, imports saw a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 0.4% against the previous year. Imports peaked at 3.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, inner tubes, of rubber imports contracted markedly to $2M in 2022. Overall, imports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 8.4%. Over the period under review, imports hit record highs at $3.7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Inner Tubes, of Rubber in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3,4042,4722,5151,631-21.7%
China17911129825412.4%
Sri Lanka29.743.731.327.3-2.8%
Others1151031141355.5%
Total3,7282,7302,9592,048-18.1%

Top Suppliers of Inner Tubes, of Rubber to Uganda in 2022:

  1. India (1617.3K units)
  2. China (124.5K units)
  3. Sri Lanka (31.5K units)

Exports of Inner Tubes, of Rubber in Uganda

In 2022, inner tubes, of rubber exports from Uganda declined to 1.9M units, waning by -3.6% against 2021 figures. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 126% against the previous year. As a result, the exports reached the peak of 1.9M units, and then reduced in the following year.

In value terms, inner tubes, of rubber exports fell dramatically to $1.7M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, the exports reached the peak of $2.1M, and then fell sharply in the following year.

Export of Inner Tubes, of Rubber in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya860717650636-9.6%
Tanzania22840460746126.5%
Democratic Republic of the Congo3083055294019.2%
South Sudan2111332842150.6%
Burundi35.312.230.923.5-12.7%
Others90.86.66.6N/A-73.0%
Total1,7321,5772,1061,7370.1%

Top Export Markets for Inner Tubes, of Rubber from Uganda in 2022:

  1. Kenya (611.2K units)
  2. Democratic Republic of the Congo (454.8K units)
  3. South Sudan (393.9K units)
  4. Tanzania (368.8K units)
  5. Burundi (50.9K units)

Source: IndexBox Market Intelligence Platform

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