Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Uganda - 2022

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Uganda (CIF) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Uganda (FOB) - 2022
  3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Uganda
  4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Uganda

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Uganda (CIF) - 2022

The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $67 per thousand units in 2022, leveling off at the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by +160.7% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 74%. As a result, import price attained the peak level of $68 per thousand units, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($142 per thousand units), while the price for the United Arab Emirates ($17 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Uganda (FOB) - 2022

The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $54 per thousand units in 2022, rising by 2.6% against the previous year. In general, the export price showed a resilient increase. The growth pace was the most rapid in 2014 when the average export price increased by 120%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Central African Republic ($6,372 per thousand units), while the average price for exports to Zambia ($12 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Central African Republic (+134.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Uganda

In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment imported into Uganda shrank to 32M units, with a decrease of -5.6% compared with the previous year. Over the period under review, imports saw a dramatic decline. The smallest decline of -2.4% was in 2020. Imports peaked at 91M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment declined to $2.1M in 2022. In general, imports saw a noticeable decline. The pace of growth was the most pronounced in 2020 with an increase of 46% against the previous year. As a result, imports reached the peak of $3.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China910948804908-0.1%
India32137991650916.6%
United Arab Emirates34397.710673.8-40.1%
South Africa48.970.346.661.68.0%
Sweden9.698617.547.370.2%
Kenya11741.837.718.6-45.8%
Serbia273423N/A0.4-88.6%
Tanzania4.876.50.4N/A-71.1%
Others33643934552015.7%
Total2,3643,4612,2732,139-3.3%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Uganda in 2022:

  1. China (18.6M units)
  2. United Arab Emirates (4.3M units)
  3. India (3.9M units)
  4. South Africa (0.7M units)
  5. Kenya (0.5M units)
  6. Sweden (0.3M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Uganda

In 2022, shipments abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by 473% to 2.8M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment skyrocketed to $151K in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A1230%
Democratic Republic of the Congo0.2N/A0.39.4260.9%
Rwanda0.5N/AN/A4.2103.3%
Italy3.7N/AN/A2.7-10.0%
Zambia0.4N/AN/A1.658.7%
United Arab EmiratesN/AN/A8.10.4-95.1%
TanzaniaN/A2.54.00.1-80.0%
CongoN/A24.7N/AN/A0%
India73.9N/AN/AN/A0%
MexicoN/A25.5N/AN/A0%
Others4.42.113.39.529.2%
Total83.154.825.715122.0%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Uganda in 2022:

  1. Canada (2189.6K units)
  2. Rwanda (221.9K units)
  3. Democratic Republic of the Congo (167.6K units)
  4. Zambia (129.2K units)
  5. United Arab Emirates (5.5K units)
  6. Tanzania (2.8K units)
  7. Italy (0.9K units)

Source: IndexBox Market Intelligence Platform

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