Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Uganda - 2022

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Uganda (CIF) - 2022
  2. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Uganda (FOB) - 2022
  3. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Uganda
  4. Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Uganda

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Uganda (CIF) - 2022

The average import price for yarn of carded wool, not put up for retail sale stood at $6,578 per ton in 2022, picking up by 9.6% against the previous year. Over the period under review, the import price continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2018 an increase of 48% against the previous year. Over the period under review, average import prices hit record highs at $7,806 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 China ($6,849 per ton), while the price for Kenya amounted to $2,353 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.7%).

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Uganda (FOB) - 2022

The average export price for yarn of carded wool, not put up for retail sale stood at $1,531 per ton in 2022, rising by 18% against the previous year. Overall, the export price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 284%. As a result, the export price attained the peak level of $36,000 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Burundi.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +13.2% per year.

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Uganda

After two years of decline, overseas purchases of yarn of carded wool, not put up for retail sale increased by 1,310% to 282 kg in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn of carded wool, not put up for retail sale soared to $1.9K in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China90.012489.01,815172.2%
Kenya40.01.031.040.00.0%
OthersN/AN/AN/AN/A0%
Total1301251201,855142.5%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Uganda in 2022:

  1. China (265.0 kg)
  2. Kenya (17.0 kg)

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Uganda

For the third year in a row, Uganda recorded decline in shipments abroad of yarn of carded wool, not put up for retail sale, which decreased by -15.1% to 721 kg in 2022. In general, exports continue to indicate a abrupt downturn. The smallest decline of -10.7% was in 2020.

In value terms, exports of yarn of carded wool, not put up for retail sale reduced to $1.1K in 2022. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 0.2% against the previous year. As a result, the exports reached the peak of $1.1K; afterwards, it flattened through to 2022.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burundi54.044.01,1061,104173.4%
Democratic Republic of the Congo1,0521,064N/AN/A1.1%
OthersN/AN/AN/AN/A0%
Total1,1061,1081,1061,104-0.1%

Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Uganda in 2022:

  1. Burundi (721.0 kg)

Source: IndexBox Market Intelligence Platform

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