Uganda: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Uganda

The Ugandan market for plastic hoses and hose fittings fell modestly to $X in 2022, stabilizing at the previous year. Overall, consumption continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2021, and then dropped modestly in the following year.

Production of Plastic Hoses and Hose Fittings in Uganda

In value terms, plastic hose and hose fitting production declined modestly to $X in 2022 estimated in export price. In general, production showed a strong expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Plastic Hoses and Hose Fittings

Exports from Uganda

In 2022, approx. X tons of plastic hoses and hose fittings were exported from Uganda; picking up by X% on 2021 figures. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, plastic hose and hose fitting exports reduced to $X in 2022. Over the period under review, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for plastic hose and hose fitting exports from Uganda, with a X% share of total exports. Moreover, plastic hose and hose fitting exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Burundi (X tons), threefold. The third position in this ranking was taken by South Sudan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (X% per year) and South Sudan (X% per year).

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for plastic hoses and hose fittings exports from Uganda, comprising X% of total exports. The second position in the ranking was taken by Burundi ($X), with a X% share of total exports. It was followed by South Sudan, with a X% share.

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

Export Prices by Country

In 2022, the average export price for plastic hoses and hose fittings amounted to $X per ton, declining by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined significantly in the following year.

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

Imports of Plastic Hoses and Hose Fittings

Imports into Uganda

In 2022, approx. X tons of plastic hoses and hose fittings were imported into Uganda; with a decrease of X% compared with the year before. In general, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, plastic hose and hose fitting imports shrank dramatically to $X in 2022. Over the period under review, imports, however, saw a slight increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and India (X tons) were the main suppliers of plastic hose and hose fitting imports to Uganda, together accounting for X% of total imports.

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

In value terms, the United Arab Emirates ($X) constituted the largest supplier of plastic hoses and hose fittings to Uganda, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

Import Prices by Country

The average import price for plastic hoses and hose fittings stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, import price indicated prominent growth 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, plastic hose and hose fitting import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 the United Arab Emirates ($X per ton), while the price for Kenya ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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