Uganda - Iron Or Steel Plaited Bands And Slings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSteel Plaited Band Price in Uganda - 2022
Contents:
- Steel Plaited Band Price in Uganda (CIF) - 2022
- Steel Plaited Band Price in Uganda (FOB) - 2022
- Steel Plaited Band Imports in Uganda
- Steel Plaited Band Exports in Uganda
Steel Plaited Band Price in Uganda (CIF) - 2022
In 2022, the average steel plaited band import price amounted to $1,171 per ton, shrinking by -7.9% against the previous year. Overall, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 75%. Over the period under review, average import prices hit record highs at $1,877 per ton in 2019; however, from 2020 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 Russia ($4,500 per ton), while the price for China ($679 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 (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Plaited Band Price in Uganda (FOB) - 2022
The average steel plaited band export price stood at $1,070 per ton in 2022, rising by 10% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 80%. As a result, the export price attained the peak level of $4,098 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($2,770 per ton), while the average price for exports to Democratic Republic of the Congo ($303 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+2.9%), while the prices for the other major destinations experienced a decline.
Steel Plaited Band Imports in Uganda
In 2022, approx. 125 tons of iron or steel plaited bands and slings were imported into Uganda; growing by 41% on the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.4% 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 decreased by -22.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 69%. As a result, imports attained the peak of 161 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, steel plaited band imports skyrocketed to $146K in 2022. In general, imports, however, recorded a abrupt descent.
Import of Steel Plaited Band in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 37.6 | 61.5 | 39.0 | 60.7 | 17.3% |
India | 106 | 12.9 | 11.1 | 21.7 | -41.1% |
United States | 1.8 | 1.3 | 3.9 | 14.0 | 98.1% |
United Kingdom | 8.2 | 4.5 | 5.4 | 13.7 | 18.7% |
Kenya | 2.9 | 20.0 | 41.3 | 1.0 | -29.9% |
Egypt | N/A | 66.0 | N/A | N/A | 0% |
Others | 22.2 | 13.6 | 12.4 | 35.2 | 16.6% |
Total | 179 | 180 | 113 | 146 | -6.6% |
Top Suppliers of Steel Plaited Band to Uganda in 2022:
- China (89.5 tons)
- United Kingdom (12.4 tons)
- India (10.6 tons)
- United States (5.7 tons)
- Kenya (0.8 tons)
Steel Plaited Band Exports in Uganda
In 2022, after three years of growth, there was significant decline in overseas shipments of iron or steel plaited bands and slings, when their volume decreased by -5.7% to 74 tons. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 130%.
In value terms, steel plaited band exports stood at $80K in 2022. In general, exports recorded a perceptible shrinkage.
Export of Steel Plaited Band in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Sudan | 3.9 | 16.1 | 6.8 | 31.3 | 100.2% |
Tanzania | 0.5 | 4.9 | 8.3 | 19.9 | 241.4% |
Democratic Republic of the Congo | 0.7 | 5.1 | 7.1 | 11.3 | 152.7% |
Kenya | 0.8 | 5.7 | 7.3 | 10.2 | 133.6% |
Burundi | 3.4 | 50.4 | 35.4 | 6.2 | 22.2% |
Pakistan | 67.4 | N/A | N/A | N/A | 0% |
Others | 12.2 | 0.6 | 11.7 | 0.7 | -61.4% |
Total | 89.0 | 82.7 | 76.5 | 79.6 | -3.7% |
Top Export Markets for Steel Plaited Band from Uganda in 2022:
- Democratic Republic of the Congo (37.2 tons)
- Tanzania (13.6 tons)
- South Sudan (11.3 tons)
- Burundi (6.8 tons)
- Kenya (4.6 tons)
This report provides an in-depth analysis of the steel plaited band market in Uganda. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25931150 - Iron or steel plaited bands, slings and the like (excluding electrically insulated)
Country coverage:
- Uganda
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uganda
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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