Uganda - Natural Rubber And Gums - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Natural Rubber and Gum in Uganda - 2022
Contents:
- Price for Natural Rubber and Gum in Uganda (FOB) - 2022
- Price for Natural Rubber and Gum in Uganda (CIF) - 2022
- Exports of Natural Rubber and Gum in Uganda
- Imports of Natural Rubber and Gum in Uganda
Price for Natural Rubber and Gum in Uganda (FOB) - 2022
The average natural rubber and gum export price stood at $8,638 per ton in 2022, jumping by 361% against the previous year. In general, the export price enjoyed a mild expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($101,773 per ton), while the average price for exports to Burundi ($1,541 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 Norway (+26.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Natural Rubber and Gum in Uganda (CIF) - 2022
The average natural rubber and gum import price stood at $183 per ton in 2022, shrinking by -3.8% against the previous year. In general, the import price recorded a abrupt shrinkage. Over the period under review, average import prices reached the peak figure at $980 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($462 per ton), while the price for Tanzania ($157 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.8%), while the prices for the other major suppliers experienced a decline.
Exports of Natural Rubber and Gum in Uganda
In 2022, overseas shipments of natural rubber and gums decreased by -77.2% to 668 kg, falling for the second year in a row after two years of growth. In general, exports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 153%. As a result, the exports attained the peak of 3.5 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, natural rubber and gum exports rose sharply to $5.8K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 62%. As a result, the exports attained the peak of $6K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Natural Rubber and Gum in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | N/A | N/A | N/A | 4.5 | 0% |
Burundi | 2.3 | 0.7 | 4.5 | 0.9 | -26.9% |
Democratic Republic of the Congo | 1.4 | 0.4 | 0.8 | 0.3 | -40.2% |
Kenya | N/A | 4.9 | N/A | N/A | 0% |
Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
Total | 3.7 | 6.0 | 5.5 | 5.8 | 16.2% |
Top Export Markets for Natural Rubber and Gum from Uganda in 2022:
- Burundi (604.0 kg)
- Norway (44.0 kg)
- Democratic Republic of the Congo (15.0 kg)
Imports of Natural Rubber and Gum in Uganda
In 2022, the amount of natural rubber and gums imported into Uganda expanded markedly to 11 tons, growing by 10% against the year before. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, natural rubber and gum imports expanded sharply to $2.1K in 2022. In general, imports, however, showed a abrupt curtailment.
Import of Natural Rubber and Gum in Uganda (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | 1,995 | 1,895 | 165 | 2,025 | 0.5% |
Tanzania | 393 | 263 | 13.0 | 45.0 | -51.4% |
Thailand | N/A | N/A | 1,518 | N/A | 0% |
Malaysia | N/A | N/A | 259 | N/A | 0% |
Others | 87.0 | 43.0 | 5.0 | 10.0 | -51.4% |
Total | 2,475 | 2,201 | 1,960 | 2,080 | -5.6% |
Top Suppliers of Natural Rubber and Gum to Uganda in 2022:
- Democratic Republic of the Congo (11.0 tons)
- Tanzania (0.3 tons)
This report provides an in-depth analysis of the market for natural rubber and gum in Uganda. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 836 - Natural rubber
Country coverage:
- Uganda
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uganda
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for natural rubber and gum in Uganda.
This report provides an in-depth analysis of the global market for natural rubber and gum.
This report provides an in-depth analysis of the market for natural rubber and gum in Uganda.
This report provides an in-depth analysis of the global market for natural rubber and gum.
In the beginning of 2021, demand for natural rubber spiked and prices for rubber increased due to a quick rebound in China’s tire manufacturing and the heightened need for latex gloves during the pandemic. Rubber production is projected to climb up this year in line with rising demand, slowing down the price growth. There is a risk that droughts in Malaysia, Thailand and Indonesia will create a supply shortage in the market and enable the prices to soar again.
The global natural rubber and gum market amounted to $25.2B in 2019, therefore, remained relatively stable against...
In value terms, natural rubber, balata, gutta-percha, guayule imports stood at $X in 2016. In general, natural rubber, balata, gutta-percha, guayule imports continue to indicate a measured decline. ...
In value terms, natural rubber, balata, gutta-percha, guayule exports stood at $X in 2016. Overall, natural rubber, balata, gutta-percha, guayule exports continue to indicate a significant deduction...
Global natural rubber and gum consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
In 2015, the countries with the highest levels of production were Thailand (X thousand tons), Indonesia (X thousand tons), Vietnam (X thousand tons), together accounting for X% of total output.
Despite a drop in exports in 2014, Thailand continues to lead the way in the global natural rubber and gum trade. In 2014, Thailand exported X thousand tons of natural rubber and gums totaling X million USD, X% under the previous year. Its p
In the beginning of 2021, demand for natural rubber spiked and prices for rubber increased due to a quick rebound in China’s tire manufacturing and the heightened need for latex gloves during the pandemic. Rubber production is projected to climb up this year in line with rising demand, slowing down the price growth. There is a risk that droughts in Malaysia, Thailand and Indonesia will create a supply shortage in the market and enable the prices to soar again.
The global natural rubber and gum market amounted to $25.2B in 2019, therefore, remained relatively stable against...
In value terms, natural rubber, balata, gutta-percha, guayule imports stood at $X in 2016. In general, natural rubber, balata, gutta-percha, guayule imports continue to indicate a measured decline. ...