Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Uganda - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Uganda (CIF) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Uganda
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Uganda (CIF) - 2022
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $2,299 per ton in 2022, which is down by -12.4% against the previous year. Overall, the import price recorded a deep contraction. The growth pace was the most rapid in 2013 an increase of 35% against the previous year. As a result, import price reached the peak level of $5,589 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Oman ($2,624 per ton), while the price for China ($1,905 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+4.9%), while the prices for the other major suppliers experienced a decline.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Uganda
In 2022, overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -34.2% to 59 tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 145% against the previous year. As a result, imports reached the peak of 120 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms contracted sharply to $135K in 2022. Over the period under review, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 129%. As a result, imports attained the peak of $253K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 52.2 | 90.9 | 136 | 76.9 | 13.8% |
| India | 53.0 | 51.4 | 88.4 | 49.9 | -2.0% |
| China | 5.1 | 7.2 | 10.4 | 8.5 | 18.6% |
| Bahrain | N/A | 103 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 110 | 253 | 235 | 135 | 7.1% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Uganda in 2022:
- Oman (29.3 tons)
- India (25.1 tons)
- China (4.5 tons)
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