Price for Electric Motors; of an Output Not Exceeding 37.5W in Uganda - 2022

Contents:

  1. Price for Electric Motors; of an Output Not Exceeding 37.5W in Uganda (CIF) - 2022
  2. Price for Electric Motors; of an Output Not Exceeding 37.5W in Uganda (FOB) - 2022
  3. Imports of Electric Motors; of an Output Not Exceeding 37.5W in Uganda
  4. Exports of Electric Motors; of an Output Not Exceeding 37.5W in Uganda

Price for Electric Motors; of an Output Not Exceeding 37.5W in Uganda (CIF) - 2022

In 2022, the average import price for electric motors amounted to $46 per unit, with an increase of 2.3% against the previous year. In general, the import price, however, showed a abrupt descent. The growth pace was the most rapid in 2016 when the average import price increased by 74%. Over the period under review, average import prices reached the maximum at $112 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($83 per unit), while the price for China ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.0%), while the prices for the other major suppliers experienced a decline.

Price for Electric Motors; of an Output Not Exceeding 37.5W in Uganda (FOB) - 2022

In 2022, the average export price for electric motors amounted to $101 per unit, waning by -20% against the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 152%. Over the period under review, the average export prices attained the maximum at $926 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Sudan.

From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to -2.0% per year.

Imports of Electric Motors; of an Output Not Exceeding 37.5W in Uganda

Imports of electric motors into Uganda plummeted to 6K units in 2022, dropping by -75.8% compared with the previous year. Overall, imports recorded a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 326% against the previous year. As a result, imports attained the peak of 25K units, and then shrank remarkably in the following year.

In value terms, imports of electric motors shrank dramatically to $278K in 2022. Over the period under review, imports recorded a significant decrease. The growth pace was the most rapid in 2021 with an increase of 266% against the previous year. As a result, imports attained the peak of $1.1M, and then contracted remarkably in the following year.

Import of Electric Motors; of an Output Not Exceeding 37.5W in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China43591.236379.8-43.2%
India14619.234575.8-19.6%
Others519196416123-38.1%
Total1,1003071,123278-36.8%

Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Uganda in 2022:

  1. China (4.7K units)
  2. India (1.0K units)

Exports of Electric Motors; of an Output Not Exceeding 37.5W in Uganda

In 2022, approx. 3 units of electric motors were exported from Uganda; remaining relatively unchanged against 2021 figures. In general, exports showed a dramatic shrinkage. The smallest decline of -57.1% was in 2021. The exports peaked at 19 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of electric motors shrank notably to $304 in 2022. Over the period under review, exports continue to indicate a dramatic descent. Over the period under review, the exports of reached the maximum at $12K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electric Motors; of an Output Not Exceeding 37.5W in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan0.51.00.10.3-15.7%
Kenya9.0N/AN/AN/A0%
Burundi1.0N/AN/AN/A0%
Democratic Republic of the CongoN/A1.60.2N/A-87.5%
Singapore1.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total11.62.60.40.3-70.4%

Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Uganda in 2022:

  1. South Sudan (3.0 units)

Source: IndexBox Market Intelligence Platform

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