Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Uganda - 2022
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Uganda (CIF) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Uganda
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Uganda (CIF) - 2022
In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $2,363 per ton, picking up by 12% against the previous year. Over the last decade, it increased at an average annual rate of +7.3%. The pace of growth was the most pronounced in 2013 an increase of 74% against the previous year. The import price peaked in 2022 and is likely to see gradual 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 Korea ($2,646 per ton), while the price for China ($1,474 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Uganda
For the third consecutive year, Uganda recorded decline in purchases abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, which decreased by -73.8% to 57 tons in 2022. In general, imports recorded a sharp slump. The smallest decline of -2.6% was in 2020.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings fell dramatically to $135K in 2022. Overall, imports recorded a dramatic slump. The smallest decline of -3.6% was in 2020.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 349 | 457 | 210 | 92.3 | -35.8% |
| South Korea | 393 | 172 | 165 | 38.1 | -54.1% |
| China | 37.6 | 56.1 | 19.8 | 2.5 | -59.5% |
| Democratic People's Republic of Korea | N/A | 53.6 | 58.4 | N/A | 9.0% |
| Others | 23.5 | 35.9 | 6.9 | 1.7 | -58.3% |
| Total | 804 | 775 | 461 | 135 | -44.8% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Uganda in 2022:
- South Africa (40.2 tons)
- South Korea (14.4 tons)
- China (1.7 tons)
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