Uganda: Market for Glass Fibres and Glass Fibre Articles 2024

Market Size for Glass Fibres and Glass Fibre Articles in Uganda

The Ugandan glass fibre and article market fell rapidly to $X in 2022, shrinking by 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). Over the period under review, consumption, however, posted a strong expansion. Glass fibre and article consumption peaked at $X in 2021, and then dropped rapidly in the following year.

Exports of Glass Fibres and Glass Fibre Articles

Exports from Uganda

In 2022, approx. X tons of glass fibres and glass fibre articles were exported from Uganda; waning by X% on the previous year's figure. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, glass fibre and article exports reduced dramatically to $X in 2022. In general, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Rwanda (X kg), Burundi (X kg) and Democratic Republic of the Congo (X kg) were the main destinations of glass fibre and article exports from Uganda, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Burundi (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for glass fibre and article exported from Uganda were Democratic Republic of the Congo ($X), Rwanda ($X) and Burundi ($X), with a combined X% share of total exports.

Among the main countries of destination, Democratic Republic of the Congo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average glass fibre and article export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Burundi ($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 South Sudan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass Fibres and Glass Fibre Articles

Imports into Uganda

In 2022, the amount of glass fibres and glass fibre articles imported into Uganda declined significantly to X tons, which is down by X% on 2021 figures. Over the period under review, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then contracted dramatically in the following year.

In value terms, glass fibre and article imports shrank sharply to $X in 2022. In general, imports, however, recorded resilient growth. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

China (X tons), Kenya (X tons) and the United Arab Emirates (X tons) were the main suppliers of glass fibre and article imports to Uganda, together accounting for X% of total imports. Italy, France, South Africa and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest glass fibre and article suppliers to Uganda were Kenya ($X), China ($X) and India ($X), with a combined X% share of total imports. Italy, the United Arab Emirates, South Africa and France lagged somewhat behind, together accounting for a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average glass fibre and article import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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