Yarn; of Coir Price in Uganda - 2022
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Yarn; of Coir Price in Uganda (CIF) - 2022
In 2022, the average yarn; of coir import price amounted to $1,011 per ton, remaining stable against the previous year. Over the period under review, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 29%. As a result, import price reached the peak level of $4,669 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,510 per ton), while the price for China ($865 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-5.3%), while the prices for the other major suppliers experienced a decline.
Yarn; of Coir Imports in Uganda
In 2022, yarn; of coir imports into Uganda surged to 4.4 tons, growing by 85% against the previous year. In general, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, yarn; of coir imports soared to $4.4K in 2022. Overall, imports, however, recorded a deep setback.
Import of Yarn; of Coir in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.0 | 2.6 | 1.5 | 3.4 | -17.2% |
Netherlands | 1.0 | 0.9 | 0.8 | 0.8 | -7.2% |
India | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Tanzania | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 7.2 | 3.7 | 2.4 | 4.4 | -15.1% |
Top Suppliers of Yarn; of Coir to Uganda in 2022:
- China (3.9 tons)
- Netherlands (0.3 tons)
- India (0.2 tons)
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