Waferboard Price in Uganda - 2021

Contents:

  1. Waferboard Price in Uganda (CIF) - 2022
  2. Waferboard Price in Uganda (FOB) - 2022
  3. Waferboard Imports in Uganda
  4. Waferboard Exports in Uganda

Waferboard Price in Uganda (CIF) - 2022

The average waferboard import price stood at $368 per cubic meter in 2022, increasing by 7.3% against the previous year. Over the last decade, it increased at an average annual rate of +4.4%. The pace of growth appeared the most rapid in 2013 an increase of 35%. Over the period under review, average import prices hit record highs at $405 per cubic meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Kenya ($626 per cubic meter), while the price for China ($136 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+45.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Waferboard Price in Uganda (FOB) - 2022

In 2022, the average waferboard export price amounted to $164 per cubic meter, increasing by 1.6% against the previous year. In general, the export price, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2015 an increase of 13%. As a result, the export price attained the peak level of $270 per cubic meter. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($167 per cubic meter), while the average price for exports to Kenya totaled $162 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+5.3%).

Waferboard Imports in Uganda

In 2022, approx. 1.6K cubic meters of waferboards were imported into Uganda; with an increase of 12% compared with the previous year. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, waferboard imports skyrocketed to $593K in 2022. Overall, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Waferboard in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa23614228631610.2%
Kenya8.724.972.9122141.1%
Malaysia18.333.940.046.136.1%
Thailand7.420.039.946.083.9%
South Korea23.920.324.929.77.5%
Germany5.95.47.19.115.5%
Turkey16.914.67.58.4-20.8%
Austria11.78.07.97.6-13.4%
Others22.74.46.58.5-27.9%
Total35227349259319.0%

Top Suppliers of Waferboard to Uganda in 2022:

  1. South Africa (827.0 cubic meters)
  2. Kenya (195.0 cubic meters)
  3. Thailand (178.0 cubic meters)
  4. Malaysia (154.0 cubic meters)
  5. South Korea (144.0 cubic meters)
  6. Germany (31.0 cubic meters)
  7. Austria (30.0 cubic meters)
  8. Turkey (28.0 cubic meters)

Waferboard Exports in Uganda

In 2022, shipments abroad of waferboards decreased by -2.9% to 2.2K cubic meters, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 629% against the previous year. As a result, the exports attained the peak of 3.2K cubic meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, waferboard exports fell modestly to $359K in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 365% against the previous year. As a result, the exports reached the peak of $516K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Waferboard in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya11050334233544.9%
Tanzania0.44.012.313.9226.3%
Others1.08.49.210.2116.9%
Total11151636435947.9%

Top Export Markets for Waferboard from Uganda in 2022:

  1. Kenya (2063.0 cubic meters)
  2. Tanzania (83.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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