Uganda: Market for Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel 2024

Market Size for Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel in Uganda

In 2022, the Ugandan market for seamless casing, tubing and drill oil or gas pipes of stainless steel decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption, however, enjoyed a prominent expansion. Consumption of peaked at $X in 2021, and then declined markedly in the following year.

Exports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel

Exports from Uganda

After two years of growth, overseas shipments of seamless casing, tubing and drill oil or gas pipes of stainless steel decreased by X% to X kg in 2022. Overall, exports, however, saw mild growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of seamless casing, tubing and drill oil or gas pipes of stainless steel shrank modestly to $X in 2022. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

South Sudan (X kg) was the main destination for exports of seamless casing, tubing and drill oil or gas pipes of stainless steel from Uganda, accounting for a X% share of total exports. Moreover, exports of seamless casing, tubing and drill oil or gas pipes of stainless steel to South Sudan exceeded the volume sent to the second major destination, Rwanda (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to South Sudan totaled X%.

In value terms, the largest markets for seamless casing, tubing and drill oil or gas pipe of stainless steel exported from Uganda were South Sudan ($X) and Rwanda ($X).

In terms of the main countries of destination, South Sudan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average export price for seamless casing, tubing and drill oil or gas pipes of stainless steel stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price recorded a deep slump. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs 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 Rwanda ($X per ton), while the average price for exports to South Sudan amounted to $X per ton.

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.

Imports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Stainless Steel

Imports into Uganda

After three years of growth, purchases abroad of seamless casing, tubing and drill oil or gas pipes of stainless steel decreased by X% to X tons in 2022. In general, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked at X tons in 2021, and then contracted significantly in the following year.

In value terms, imports of seamless casing, tubing and drill oil or gas pipes of stainless steel dropped markedly to $X in 2022. Overall, imports, however, enjoyed a perceptible expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

In 2022, Kenya (X tons) constituted the largest seamless casing, tubing and drill oil or gas pipe of stainless steel supplier to Uganda, accounting for a X% share of total imports. Moreover, imports of seamless casing, tubing and drill oil or gas pipes of stainless steel from Kenya exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kenya totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and China (X% per year).

In value terms, the largest seamless casing, tubing and drill oil or gas pipe of stainless steel suppliers to Uganda were Kenya ($X), the United States ($X) and France ($X), with a combined X% share of total imports.

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

Import Prices by Country

The average import price for seamless casing, tubing and drill oil or gas pipes of stainless steel stood at $X per ton in 2022, leveling off at the previous year. Overall, the import price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 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 France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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