Life-Jackets and Life-Belts Price in Uganda - 2022

Contents:

  1. Life-Jackets and Life-Belts Price in Uganda (CIF) - 2022
  2. Life-Jackets and Life-Belts Price in Uganda (FOB) - 2022
  3. Life-Jackets and Life-Belts Imports in Uganda
  4. Life-Jackets and Life-Belts Exports in Uganda

Life-Jackets and Life-Belts Price in Uganda (CIF) - 2022

The average life-jackets and life-belts import price stood at $21,335 per ton in 2022, rising by 93% against the previous year. In general, the import price recorded noticeable growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($270,257 per ton), while the price for Japan ($4,083 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 (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Life-Jackets and Life-Belts Price in Uganda (FOB) - 2022

In 2022, the average life-jackets and life-belts export price amounted to $22,057 per ton, reducing by -13.9% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 109% against the previous year. The export price peaked at $62,286 per ton in 2014; however, from 2015 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 Tanzania ($56,000 per ton), while the average price for exports to South Sudan ($10,333 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 (+25.9%), while the prices for the other major destinations experienced mixed trend patterns.

Life-Jackets and Life-Belts Imports in Uganda

In 2022, overseas purchases of life-jackets and life-beltses decreased by -72.4% to 4.8 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, imports reached the peak of 92 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, life-jackets and life-belts imports contracted notably to $102K in 2022. In general, imports faced a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 63%. As a result, imports reached the peak of $937K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Life-Jackets and Life-Belts in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.554.24.011.6185.2%
United States65.785.830.69.5-47.5%
India2.42.312.57.042.9%
China16815344.53.5-72.5%
United Arab Emirates3.028.71.53.22.2%
United Kingdom5.022.31.50.8-45.7%
Japan0.30.50.20.1-30.7%
Others32859097.966.8-41.2%
Total573937193102-43.7%

Top Suppliers of Life-Jackets and Life-Belts to Uganda in 2022:

  1. China (534.0 kg)
  2. United Arab Emirates (358.0 kg)
  3. India (222.0 kg)
  4. South Africa (194.0 kg)
  5. United States (35.0 kg)
  6. United Kingdom (35.0 kg)
  7. Japan (24.0 kg)

Life-Jackets and Life-Belts Exports in Uganda

In 2022, the amount of life-jackets and life-beltses exported from Uganda dropped remarkably to 35 kg, with a decrease of -88.4% on the previous year. Over the period under review, exports recorded a sharp reduction. The growth pace was the most rapid in 2021 when exports increased by 12%.

In value terms, life-jackets and life-belts exports fell markedly to $772 in 2022. Overall, exports showed a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 35%.

Export of Life-Jackets and Life-Belts in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine1,5091,0861,578169-51.8%
United Arab Emirates1,4151,0361,532167-50.9%
Tanzania34628161056.0-45.5%
Rwanda61136744440.0-59.7%
South Sudan85.016534331.0-28.6%
Kenya97021535.031.0-68.3%
Burundi30891.017121.0-59.1%
Democratic Republic of the Congo1,4271,18254515.0-78.1%
South Africa57.096.046.012.0-40.5%
Singapore3,967N/AN/AN/A0%
Others5,5781,1822,406230-65.5%
Total16,2735,7017,710772-63.8%

Top Export Markets for Life-Jackets and Life-Belts from Uganda in 2022:

  1. Ukraine (6.0 kg)
  2. United Arab Emirates (3.0 kg)
  3. South Sudan (3.0 kg)
  4. Rwanda (2.0 kg)
  5. South Africa (1.0 kg)
  6. Tanzania (1.0 kg)
  7. Democratic Republic of the Congo (1.0 kg)
  8. Burundi (1.0 kg)
  9. Kenya (1.0 kg)

Source: IndexBox Market Intelligence Platform

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