Price for Tractors; (Other than Tractors of Heading No 8709) in Uganda - 2022
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Uganda (CIF) - 2022
- Price for Tractors; (Other than Tractors of Heading No 8709) in Uganda (FOB) - 2022
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Uganda
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Uganda
Price for Tractors; (Other than Tractors of Heading No 8709) in Uganda (CIF) - 2022
The average import price for tractors; (other than tractors of heading no 8709)s stood at $29,808 per unit in 2022, falling by -12.4% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tractors; (other than tractors of heading no 8709)s decreased by -14.7% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 78% against the previous year. Over the period under review, average import prices reached the maximum at $34,964 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($117,013 per unit), while the price for Thailand ($3,860 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+200.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Uganda (FOB) - 2022
The average export price for tractors; (other than tractors of heading no 8709)s stood at $27,333 per unit in 2022, growing by 14% against the previous year. Overall, the export price saw modest growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices attained the maximum at $44,942 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($51,117 per unit), while the average price for exports to Burundi ($5,073 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 Sudan (+39.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Uganda
In 2022, approx. 660 units of tractors; (other than tractors of heading no 8709)s were imported into Uganda; waning by -29.6% compared with the year before. In general, imports showed a drastic downturn. The smallest decline of -6.8% was in 2021. Imports peaked at 1.1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of tractors; (other than tractors of heading no 8709)s shrank rapidly to $20M in 2022. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year. As a result, imports attained the peak of $35M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | 7.4 | 7.6 | 7.9 | 3.1% |
| France | N/A | N/A | 0.1 | 3.0 | 2900.0% |
| India | 5.4 | 3.4 | 3.6 | 1.9 | -29.4% |
| United Kingdom | 1.9 | 2.3 | 2.8 | 1.6 | -5.6% |
| Kenya | 2.8 | 2.7 | 6.0 | 1.1 | -26.8% |
| Tanzania | 1.8 | 0.1 | 7.4 | 1.0 | -17.8% |
| Turkey | 0.5 | N/A | 0.1 | 0.6 | 6.3% |
| Thailand | 0.3 | 0.7 | 0.5 | 0.6 | 26.0% |
| Pakistan | 0.3 | 0.4 | 0.5 | 0.5 | 18.6% |
| South Africa | 1.0 | 0.9 | 0.7 | 0.2 | -41.5% |
| Belgium | N/A | 1.9 | 0.2 | 0.2 | -67.6% |
| Germany | 0.8 | 9.0 | 0.7 | N/A | -6.5% |
| Others | 2.9 | 6.4 | 1.8 | 0.9 | -32.3% |
| Total | 24.8 | 35.2 | 31.9 | 19.7 | -7.4% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Uganda in 2022:
- China (227.0 units)
- Thailand (147.0 units)
- India (90.0 units)
- United Kingdom (39.0 units)
- Turkey (30.0 units)
- Pakistan (29.0 units)
- France (26.0 units)
- Tanzania (22.0 units)
- Kenya (12.0 units)
- Belgium (5.0 units)
- South Africa (4.0 units)
- Germany (1.0 units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Uganda
In 2022, the amount of tractors; (other than tractors of heading no 8709)s exported from Uganda shrank markedly to 15 units, with a decrease of -85.4% compared with the year before. In general, exports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 30%. Over the period under review, the exports of hit record highs at 103 units in 2021, and then shrank dramatically in the following year.
In value terms, exports of tractors; (other than tractors of heading no 8709)s dropped rapidly to $410K in 2022. Overall, exports continue to indicate a significant curtailment. The smallest decline of -15.2% was in 2020. Over the period under review, the exports of reached the maximum at $3.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 2,063 | 1,415 | 1,187 | 204 | -53.8% |
| South Sudan | 931 | 742 | 840 | 116 | -50.1% |
| Kenya | 287 | 708 | 173 | 49.5 | -44.3% |
| Tanzania | 94.9 | 80.7 | 212 | 29.2 | -32.5% |
| Rwanda | 95.6 | 5.0 | 30.7 | 5.9 | -60.5% |
| Burundi | 38.4 | 50.7 | 28.4 | 5.1 | -49.0% |
| Others | 40.5 | 9.3 | N/A | N/A | -77.0% |
| Total | 3,550 | 3,011 | 2,471 | 410 | -51.3% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Uganda in 2022:
- Democratic Republic of the Congo (4.0 units)
- South Sudan (4.0 units)
- Kenya (3.0 units)
- Tanzania (2.0 units)
- Rwanda (1.0 units)
- Burundi (1.0 units)
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