Price for Non-Furniture Refrigerating or Freezing Equipment in Uganda - 2022

Contents:

  1. Price for Non-Furniture Refrigerating or Freezing Equipment in Uganda (CIF) - 2022
  2. Price for Non-Furniture Refrigerating or Freezing Equipment in Uganda (FOB) - 2022
  3. Imports of Non-Furniture Refrigerating or Freezing Equipment in Uganda
  4. Exports of Non-Furniture Refrigerating or Freezing Equipment in Uganda

Price for Non-Furniture Refrigerating or Freezing Equipment in Uganda (CIF) - 2022

In 2022, the average import price for non-furniture refrigerating or freezing equipment amounted to $172 per unit, jumping by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 South Africa ($345 per unit), while the price for the Netherlands ($46 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Furniture Refrigerating or Freezing Equipment in Uganda (FOB) - 2022

The average export price for non-furniture refrigerating or freezing equipment stood at $170 per unit in 2022, shrinking by -4.1% against the previous year. Overall, the export price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2021 an increase of 44% against the previous year. The export price peaked at $259 per unit in 2012; however, from 2013 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 South Sudan ($761 per unit), while the average price for exports to Kenya ($7 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 South Sudan (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Furniture Refrigerating or Freezing Equipment in Uganda

In 2022, imports of non-furniture refrigerating or freezing equipment into Uganda soared to 18K units, increasing by 53% compared with 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.3% 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.

In value terms, non-furniture refrigerating or freezing equipment imports soared to $3.2M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Non-Furniture Refrigerating or Freezing Equipment in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6461,5589331,31526.7%
United Arab Emirates5.712.325.4777414.7%
Italy98.312437.723533.7%
Turkey13911.149.31839.6%
United States10478.536.015915.2%
India27471.918280.7-33.5%
Netherlands43.316413174.419.8%
Others3273432653310.4%
Total1,6382,3641,6603,15424.4%

Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Uganda in 2022:

  1. China (8.8K units)
  2. United Arab Emirates (3.0K units)
  3. Netherlands (1.6K units)
  4. India (1.3K units)
  5. Italy (1.0K units)
  6. Turkey (0.8K units)
  7. United States (0.5K units)

Exports of Non-Furniture Refrigerating or Freezing Equipment in Uganda

Non-furniture refrigerating or freezing equipment exports from Uganda surged to 58 units in 2022, rising by 76% compared with 2021 figures. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 120%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, non-furniture refrigerating or freezing equipment exports skyrocketed to $9.9K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 217% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Non-Furniture Refrigerating or Freezing Equipment in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan4536783,6016,091137.8%
Democratic Republic of the Congo3081201,2112,04788.0%
Rwanda7905255429225.3%
Tanzania51.0263281496113.5%
Burundi396228179303-8.5%
Kenya44.030.04.07.0-45.8%
Others289N/A36.0N/A-64.7%
Total2,3311,8445,8549,86661.8%

Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Uganda in 2022:

  1. Rwanda (33.0 units)
  2. South Sudan (8.0 units)
  3. Burundi (8.0 units)
  4. Democratic Republic of the Congo (6.0 units)
  5. Tanzania (2.0 units)
  6. Kenya (1.0 units)

Source: IndexBox Market Intelligence Platform

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