Price for Silk; Woven Fabrics of Noil Silk in Uganda - 2022

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Uganda (CIF) - 2022
  2. Imports of Silk; Woven Fabrics of Noil Silk in Uganda

Price for Silk; Woven Fabrics of Noil Silk in Uganda (CIF) - 2022

In 2022, the average import price for silk; woven fabrics of noil silks amounted to $51,965 per ton, jumping by 16% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 192%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($261,943 per ton), while the price for China stood at $19,613 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.1%).

Imports of Silk; Woven Fabrics of Noil Silk in Uganda

In 2022, approx. 397 kg of silk; woven fabrics of noil silks were imported into Uganda; growing by 3.7% on the year before. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of silk; woven fabrics of noil silks soared to $21K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Silk; Woven Fabrics of Noil Silk in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates8.710.211.913.916.9%
China3.24.15.36.727.9%
OthersN/AN/AN/AN/A0%
Total11.914.317.220.620.1%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Uganda in 2022:

  1. China (344.0 kg)
  2. United Arab Emirates (53.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Silk; woven fabrics of noil silk - Uganda