Plugs and Socket Price in Uganda - 2022
Contents:
- Plugs and Socket Price in Uganda (CIF) - 2022
- Plugs and Socket Price in Uganda (FOB) - 2022
- Plugs and Socket Imports in Uganda
- Plugs and Socket Exports in Uganda
Plugs and Socket Price in Uganda (CIF) - 2022
The average plugs and socket import price stood at $0.1 per unit in 2022, increasing by 34% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. Over the period under review, average import prices hit record highs at $0.2 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 South Africa ($0.2 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+19.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Plugs and Socket Price in Uganda (FOB) - 2022
The average plugs and socket export price stood at $0.2 per unit in 2022, picking up by 43% against the previous year. In general, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 66% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($0.2 per unit), while the average price for exports to Kenya totaled $0.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+55.4%), while the prices for the other major destinations experienced a decline.
Plugs and Socket Imports in Uganda
In 2022, plugs and socket imports into Uganda expanded notably to 18M units, picking up by 9.4% compared with the previous year's figure. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.6% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 84% against the previous year. As a result, imports attained the peak of 20M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, plugs and socket imports skyrocketed to $1.6M in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 130% against the previous year. As a result, imports reached the peak of $2.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Plugs and Socket in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 615 | 800 | 769 | 1,300 | 28.3% |
| United Arab Emirates | 102 | 131 | 214 | 108 | 1.9% |
| South Africa | 9.2 | 993 | 5.0 | 30.6 | 49.3% |
| Others | 169 | 132 | 89.1 | 143 | -5.4% |
| Total | 896 | 2,056 | 1,077 | 1,582 | 20.9% |
Top Suppliers of Plugs and Socket to Uganda in 2022:
- China (16.9M units)
- United Arab Emirates (0.8M units)
- South Africa (0.1M units)
Plugs and Socket Exports in Uganda
In 2022, shipments abroad of electrical plugs and sockets for under 1000 v decreased by -89.3% to 15K units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 1,674%. As a result, the exports attained the peak of 538K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, plugs and socket exports shrank dramatically to $3.5K in 2022. Over the period under review, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 2,839% against the previous year. As a result, the exports reached the peak of $75K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Plugs and Socket in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Sudan | 0.3 | 68.9 | 4.1 | 3.5 | 126.8% |
| Kenya | 0.6 | 0.2 | 0.1 | N/A | -59.2% |
| Rwanda | 0.7 | N/A | N/A | N/A | 0% |
| Democratic Republic of the Congo | N/A | 0.7 | 7.2 | N/A | 928.6% |
| South Africa | N/A | 4.3 | N/A | N/A | 0% |
| Others | 0.9 | 0.3 | 11.4 | N/A | 255.9% |
| Total | 2.5 | 74.5 | 22.8 | 3.5 | 11.9% |
Top Export Markets for Plugs and Socket from Uganda in 2022:
- South Sudan (14.2K units)
- Kenya (0.5K units)
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