Price for Clothing; Parts, Knitted or Crocheted in Uganda - 2022

Contents:

1. Price for Clothing; Parts, Knitted or Crocheted in Uganda (FOB) - 2022
2. Price for Clothing; Parts, Knitted or Crocheted in Uganda (CIF) - 2022
3. Exports of Clothing; Parts, Knitted or Crocheted in Uganda
4. Imports of Clothing; Parts, Knitted or Crocheted in Uganda

Price for Clothing; Parts, Knitted or Crocheted in Uganda (FOB) - 2022

In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $36,280 per ton, with a decrease of -11.8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 161%. As a result, the export price attained the peak level of $78,825 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($312,333 per ton), while the average price for exports to Democratic Republic of the Congo ($19,000 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 Rwanda (+28.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Clothing; Parts, Knitted or Crocheted in Uganda (CIF) - 2022

In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $12,931 per ton, reducing by -69% against the previous year. Over the period under review, the import price showed a pronounced downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 172% against the previous year. As a result, import price reached the peak level of $41,667 per ton, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($15,673 per ton), while the price for the United Arab Emirates ($3,833 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Clothing; Parts, Knitted or Crocheted in Uganda

In 2022, clothing; parts, knitted or crocheted exports from Uganda soared to 93 kg, picking up by 107% on 2021. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 543%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, clothing; parts, knitted or crocheted exports skyrocketed to $3.4K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 528% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Uganda in 2022:

1. Burundi (89.0 kg)
2. Rwanda (3.0 kg)
3. Democratic Republic of the Congo (1.0 kg)

Imports of Clothing; Parts, Knitted or Crocheted in Uganda

Clothing; parts, knitted or crocheted imports into Uganda soared to 87 kg in 2022, jumping by 222% on 2021. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, clothing; parts, knitted or crocheted imports stood at $1.1K in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 246% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Uganda in 2022:

1. China (52.0 kg)
2. India (14.0 kg)
3. Kenya (12.0 kg)
4. United Arab Emirates (6.0 kg)
5. South Africa (1.0 kg)
6. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform