Illuminated Sign Price in Uganda - 2022
Contents:
- Illuminated Sign Price in Uganda (CIF) - 2022
- Illuminated Sign Price in Uganda (FOB) - 2022
- Illuminated Sign Imports in Uganda
- Illuminated Sign Exports in Uganda
Illuminated Sign Price in Uganda (CIF) - 2022
The average illuminated sign import price stood at $9,369 per ton in 2022, which is down by -3.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2014 an increase of 36% against the previous year. Over the period under review, average import prices reached the maximum at $12,438 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($20,473 per ton), while the price for the United Arab Emirates ($3,692 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Illuminated Sign Price in Uganda (FOB) - 2022
In 2022, the average illuminated sign export price amounted to $6,250 per ton, falling by -13.3% against the previous year. Over the period under review, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2014 an increase of 135% against the previous year. The export price peaked at $17,952 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($16,545 per ton), while the average price for exports to South Sudan ($3,000 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 (-0.1%), while the prices for the other major destinations experienced a decline.
Illuminated Sign Imports in Uganda
In 2022, overseas purchases of illuminated signs and illuminated name-plates decreased by -1% to 133 tons, falling for the second consecutive year after two years of growth. In general, imports faced a deep contraction. The growth pace was the most rapid in 2020 with an increase of 29%. As a result, imports reached the peak of 256 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, illuminated sign imports contracted slightly to $1.2M in 2022. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Illuminated Sign in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,084 | 1,516 | 713 | 721 | -12.7% |
| China | 521 | 306 | 270 | 256 | -21.1% |
| Kenya | 84.5 | 97.5 | 47.6 | 40.3 | -21.9% |
| South Africa | 183 | 188 | 70.2 | 36.2 | -41.7% |
| United Arab Emirates | 18.6 | 36.8 | 27.1 | 25.7 | 11.4% |
| Others | 152 | 120 | 172 | 165 | 2.8% |
| Total | 2,043 | 2,265 | 1,300 | 1,244 | -15.2% |
Top Suppliers of Illuminated Sign to Uganda in 2022:
- Malaysia (72.4 tons)
- China (42.5 tons)
- United Arab Emirates (7.0 tons)
- Kenya (2.0 tons)
- South Africa (1.8 tons)
Illuminated Sign Exports in Uganda
For the third consecutive year, Uganda recorded decline in overseas shipments of illuminated signs and illuminated name-plates, which decreased by -31.8% to 260 kg in 2022. Overall, exports recorded a significant curtailment. The smallest decline of -17.4% was in 2021.
In value terms, illuminated sign exports declined rapidly to $1.6K in 2022. Over the period under review, exports showed a sharp contraction. The smallest decline of -23.1% was in 2020.
| Export of Illuminated Sign in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 1,025 | 1,155 | 1,310 | 861 | -5.6% |
| Burundi | 291 | 1,804 | 1,203 | 546 | 23.3% |
| Tanzania | 147 | 410 | 53.0 | 158 | 2.4% |
| Democratic Republic of the Congo | 59.0 | 139 | 95.0 | 45.0 | -8.6% |
| South Sudan | 3,130 | 69.0 | 39.0 | 15.0 | -83.1% |
| Mozambique | N/A | N/A | 47.0 | N/A | 0% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 4,652 | 3,577 | 2,748 | 1,625 | -29.6% |
Top Export Markets for Illuminated Sign from Uganda in 2022:
- Rwanda (181.0 kg)
- Burundi (33.0 kg)
- Tanzania (26.0 kg)
- Democratic Republic of the Congo (15.0 kg)
- South Sudan (5.0 kg)
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