Uganda: Ether Market 2024

Ether Market Size in Uganda

The Ugandan ether market dropped remarkably to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate strong growth. As a result, consumption reached the peak level of $X, and then declined dramatically in the following year.

Ether Exports

Exports from Uganda

In 2022, exports of ethers from Uganda shrank sharply to X kg, which is down by X% against the previous year's figure. Over the period under review, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, ether exports fell notably to $X in 2022. Overall, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X kg) was the main destination for ether exports from Uganda, with a X% share of total exports. Moreover, ether exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Kenya (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and Tanzania (X% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for ethers exports from Uganda, comprising X% of total exports. The second position in the ranking was held by Kenya ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and Tanzania (X% per year).

Export Prices by Country

The average ether export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Kenya ($X 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 Tanzania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ether Imports

Imports into Uganda

In 2022, approx. X tons of ethers were imported into Uganda; waning by X% on the previous year's figure. In general, imports, however, continue to indicate tangible growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, ether imports contracted remarkably to $X in 2022. Overall, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, Tanzania (X tons) constituted the largest ether supplier to Uganda, with a X% share of total imports. Moreover, ether imports from Tanzania exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Saudi Arabia (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Tanzania was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Saudi Arabia (X% per year).

In value terms, China ($X), Tanzania ($X) and Saudi Arabia ($X) constituted the largest ether suppliers to Uganda, with a combined X% share of total imports.

Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ether import price stood at $X per ton in 2022, declining by X% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ether import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

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 India ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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