Price for Wood; Posts and Beams in Uganda - 2022
Contents:
- Price for Wood; Posts and Beams in Uganda (FOB) - 2022
- Price for Wood; Posts and Beams in Uganda (CIF) - 2022
- Exports of Wood; Posts and Beams in Uganda
- Imports of Wood; Posts and Beams in Uganda
Price for Wood; Posts and Beams in Uganda (FOB) - 2022
In 2022, the average wood; posts and beams export price amounted to $2,171 per ton, with an increase of 212% against the previous year. Over the period under review, the export price saw strong growth. The export price peaked at $2,784 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Kenya.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +18.4% per year.
Price for Wood; Posts and Beams in Uganda (CIF) - 2022
In 2022, the average wood; posts and beams import price amounted to $463 per ton, surging by 45% against the previous year. In general, the import price, however, continues to indicate a deep reduction. The pace of growth was the most pronounced in 2017 an increase of 86% against the previous year. Over the period under review, average import prices reached the maximum at $1,716 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,643 per ton), while the price for the United Arab Emirates ($275 per ton) 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 (+2.2%), while the prices for the other major suppliers experienced a decline.
Exports of Wood; Posts and Beams in Uganda
In 2022, after three years of growth, there was significant decline in shipments abroad of wood; posts and beamses, when their volume decreased by -72.6% to 162 tons. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 409% against the previous year.
In value terms, wood; posts and beams exports contracted to $351K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 71% against the previous year.
| Export of Wood; Posts and Beams in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 3.7 | 291 | 2.7 | 351 | 356.1% |
| Singapore | 166 | N/A | N/A | N/A | 0% |
| Democratic Republic of the Congo | N/A | N/A | 409 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 170 | 291 | 411 | 351 | 27.3% |
Top Export Markets for Wood; Posts and Beams from Uganda in 2022:
- Kenya (161.7 tons)
Imports of Wood; Posts and Beams in Uganda
In 2022, wood; posts and beams imports into Uganda soared to 42 tons, with an increase of 370% on 2021 figures. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 432%. As a result, imports reached the peak of 64 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, wood; posts and beams imports skyrocketed to $19K in 2022. Overall, imports recorded a resilient expansion.
| Import of Wood; Posts and Beams in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.1 | 22.1 | 0.4 | 10.3 | -2.5% |
| United Arab Emirates | 1.4 | 12.6 | 1.8 | 8.2 | 80.3% |
| Others | 3.5 | 0.9 | 0.6 | 0.7 | -41.5% |
| Total | 15.9 | 35.7 | 2.8 | 19.2 | 6.5% |
Top Suppliers of Wood; Posts and Beams to Uganda in 2022:
- United Arab Emirates (29.7 tons)
- China (11.6 tons)
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