Motorcycle Tire Price in Uganda - 2022
Contents:
- Motorcycle Tire Price in Uganda (FOB) - 2022
- Motorcycle Tire Price in Uganda (CIF) - 2022
- Motorcycle Tire Exports in Uganda
- Motorcycle Tire Imports in Uganda
Motorcycle Tire Price in Uganda (FOB) - 2022
The average motorcycle tire export price stood at $12 per unit in 2022, declining by -2% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 62%. Over the period under review, the average export prices hit record highs at $24 per unit 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 Kenya ($47 per unit), while the average price for exports to Tanzania ($9.3 per unit) 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 (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Price in Uganda (CIF) - 2022
The average motorcycle tire import price stood at $12 per unit in 2022, surging by 6.5% against the previous year. In general, the import price saw a modest expansion. The most prominent rate of growth was recorded in 2020 an increase of 64% against the previous year. As a result, import price reached the peak level of $16 per unit. From 2021 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 China ($13 per unit), while the price for Thailand ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced a decline.
Motorcycle Tire Exports in Uganda
In 2022, motorcycle tire exports from Uganda reduced to 423K units, dropping by -8.6% against 2021 figures. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 22%. The exports peaked at 541K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, motorcycle tire exports contracted to $5.2M in 2022. The total export value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 26%. As a result, the exports attained the peak of $5.8M, and then dropped in the following year.
| Export of Motorcycle Tire in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 1.4 | 1.4 | 3.1 | 3.5 | 35.7% |
| Kenya | 1.7 | 2.2 | 1.2 | 1.3 | -8.6% |
| South Sudan | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
| Democratic Republic of the Congo | 0.6 | 0.8 | 0.9 | N/A | 22.5% |
| Others | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Total | 4.0 | 4.6 | 5.8 | 5.2 | 9.1% |
Top Export Markets for Motorcycle Tire from Uganda in 2022:
- Tanzania (372.3K units)
- Kenya (26.8K units)
- South Sudan (16.5K units)
- Democratic Republic of the Congo (1.3K units)
Motorcycle Tire Imports in Uganda
In 2022, approx. 147K units of new pneumatic tyres for motorcycles were imported into Uganda; falling by -39% compared with the year before. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 363%. As a result, imports reached the peak of 241K units, and then declined rapidly in the following year.
In value terms, motorcycle tire imports fell notably to $1.8M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 236%. As a result, imports attained the peak of $2.8M, and then contracted markedly in the following year.
| Import of Motorcycle Tire in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,007 | 460 | 1,450 | 970 | -1.2% |
| India | 651 | 334 | 1,242 | 775 | 6.0% |
| Thailand | 11.2 | 4.6 | 10.2 | 6.4 | -17.0% |
| Others | 90.2 | 26.3 | 66.8 | 45.9 | -20.2% |
| Total | 1,759 | 825 | 2,769 | 1,797 | 0.7% |
Top Suppliers of Motorcycle Tire to Uganda in 2022:
- China (75.3K units)
- India (65.9K units)
- Thailand (4.1K units)
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