Price for Cutlery; Other than Plated with Precious Metal in Uganda - 2022

Contents:

  1. Price for Cutlery; Other than Plated with Precious Metal in Uganda (CIF) - 2022
  2. Price for Cutlery; Other than Plated with Precious Metal in Uganda (FOB) - 2022
  3. Imports of Cutlery; Other than Plated with Precious Metal in Uganda
  4. Exports of Cutlery; Other than Plated with Precious Metal in Uganda

Price for Cutlery; Other than Plated with Precious Metal in Uganda (CIF) - 2022

The average import price for cutlery; other than plated with precious metals stood at $8,066 per ton in 2022, which is down by -1.5% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The growth pace was the most rapid in 2018 an increase of 48% against the previous year. Over the period under review, average import prices reached the peak figure at $8,190 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($63,571 per ton), while the price for the UK ($3,630 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+30.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cutlery; Other than Plated with Precious Metal in Uganda (FOB) - 2022

The average export price for cutlery; other than plated with precious metals stood at $6,953 per ton in 2022, growing by 67% against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The growth pace was the most rapid in 2019 an increase of 205% against the previous year. Over the period under review, the average export prices hit record highs at $26,552 per ton 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 Democratic Republic of the Congo ($9,136 per ton), while the average price for exports to Tanzania ($2,600 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 Burundi (+9.0%), while the prices for the other major destinations experienced a decline.

Imports of Cutlery; Other than Plated with Precious Metal in Uganda

In 2022, the amount of cutlery; other than plated with precious metals imported into Uganda skyrocketed to 35 tons, increasing by 199% on 2021. In general, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cutlery; other than plated with precious metals surged to $285K in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cutlery; Other than Plated with Precious Metal in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.52.13.6200330.9%
China14819190.143.2-33.7%
South Africa4.14.10.69.230.9%
Others8.58.32.733.257.5%
Total16320597.028520.5%

Top Suppliers of Cutlery; Other than Plated with Precious Metal to Uganda in 2022:

  1. United Arab Emirates (22.1 tons)
  2. China (9.6 tons)
  3. South Africa (0.7 tons)

Exports of Cutlery; Other than Plated with Precious Metal in Uganda

In 2022, overseas shipments of cutlery; other than plated with precious metals decreased by -60% to 86 kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 5.6% against the previous year. As a result, the exports attained the peak of 795 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cutlery; other than plated with precious metals shrank significantly to $598 in 2022. Over the period under review, exports continue to indicate a sharp setback.

Export of Cutlery; Other than Plated with Precious Metal in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan21839794.02291.7%
Democratic Republic of the Congo5431,924339201-28.2%
Burundi39.044.014886.030.2%
Ethiopia32624113638.0-51.2%
United Arab Emirates15010253.014.0-54.6%
Tanzania68.011257.013.0-42.4%
Indonesia5,934N/AN/AN/A0%
Others1,29972.069.017.0-76.4%
Total8,5772,892896598-58.8%

Top Export Markets for Cutlery; Other than Plated with Precious Metal from Uganda in 2022:

  1. South Sudan (27.0 kg)
  2. Democratic Republic of the Congo (22.0 kg)
  3. Burundi (18.0 kg)
  4. Ethiopia (9.0 kg)
  5. Tanzania (5.0 kg)
  6. United Arab Emirates (2.0 kg)

Source: IndexBox Market Intelligence Platform

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