Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Uganda - 2022

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Uganda (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Uganda (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Uganda
  4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Uganda

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Uganda (CIF) - 2022

In 2022, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $27 per unit, jumping by 28% against the previous year. Overall, the import price, however, continues to indicate a abrupt slump. The import price peaked at $46 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 India ($68 per unit), while the price for South Korea ($3.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Uganda (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $33 per unit in 2022, waning by -38.2% against the previous year. Over the period under review, the export price, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2021 an increase of 1,003% against the previous year. As a result, the export price reached the peak level of $54 per unit, and then fell remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($228 per unit), while the average price for exports to Rwanda stood at $25 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Uganda

In 2022, purchases abroad of containers for compressed or liquefied gas, of iron or steel decreased by -17.1% to 143K units, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. As a result, imports reached the peak of 201K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel stood at $3.9M in 2022. The total import value increased at an average annual rate of +11.0% 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 2020 when imports increased by 21%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya91.67901,1481,218136.9%
Thailand9131,6379891,0494.7%
China1,152181940997-4.7%
United Arab Emirates18.069.8234248139.7%
Turkey82.723948.892.43.8%
India13114674.490.9-11.5%
South Korea29.489.411.031.72.5%
Others461327263208-23.3%
Total2,8793,4793,7073,93611.0%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Uganda in 2022:

  1. Kenya (46.9K units)
  2. Thailand (37.5K units)
  3. China (35.1K units)
  4. South Korea (10.1K units)
  5. United Arab Emirates (5.3K units)
  6. Turkey (2.8K units)
  7. India (1.3K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Uganda

In 2022, shipments abroad of containers for compressed or liquefied gas, of iron or steel decreased by -71.1% to 979 units, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 85%. As a result, the exports reached the peak of 8K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel shrank significantly to $33K in 2022. Over the period under review, exports saw a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 364% against the previous year. As a result, the exports attained the peak of $183K, and then contracted sharply in the following year.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda100N/AN/A23.8-38.0%
South Africa0.1N/A1728.9346.5%
Kenya0.10.84.9N/A600.0%
Burundi0.121.30.8N/A182.8%
Democratic Republic of the Congo0.517.24.4N/A196.6%
OthersN/A0.20.5N/A150.0%
Total10139.418332.7-31.3%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Uganda in 2022:

  1. Rwanda (940.0 units)
  2. South Africa (39.0 units)

Source: IndexBox Market Intelligence Platform

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