Price for Electrical Push-Button and Rotary Switch in Uganda - 2022

Contents:

  1. Price for Electrical Push-Button and Rotary Switch in Uganda (CIF) - 2022
  2. Price for Electrical Push-Button and Rotary Switch in Uganda (FOB) - 2022
  3. Imports of Electrical Push-Button and Rotary Switch in Uganda
  4. Exports of Electrical Push-Button and Rotary Switch in Uganda

Price for Electrical Push-Button and Rotary Switch in Uganda (CIF) - 2022

In 2022, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $0.3 per unit, with an increase of 1.6% against the previous year. Overall, the import price, however, showed a slight decline. The pace of growth was the most pronounced in 2015 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs at $0.5 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3.5 per unit), while the price for the United Arab Emirates ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Push-Button and Rotary Switch in Uganda (FOB) - 2022

The average export price for electrical push-button and rotary switches for under 1000 v stood at $1.4 per unit in 2022, with an increase of 182% against the previous year. In general, the export price enjoyed a moderate expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($7.6 per unit), while the average price for exports to Democratic Republic of the Congo ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+25.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Push-Button and Rotary Switch in Uganda

In 2022, overseas purchases of electrical push-button and rotary switches for under 1000 v decreased by -16.3% to 8.4M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 122%. Imports peaked at 10M units in 2021, and then shrank dramatically in the following year.

In value terms, electrical push-button and rotary switch imports reduced to $2.9M in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 85% against the previous year. Imports peaked at $3.4M in 2021, and then fell in the following year.

Import of Electrical Push-Button and Rotary Switch in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3961,1171,5371,18143.9%
China40441458278724.9%
Kenya49.451.610238.6-7.9%
Others5721,0491,15986614.8%
Total1,4212,6333,3802,87326.4%

Top Suppliers of Electrical Push-Button and Rotary Switch to Uganda in 2022:

  1. United Arab Emirates (4.9M units)
  2. China (3.1M units)
  3. Kenya (0.1M units)

Exports of Electrical Push-Button and Rotary Switch in Uganda

Electrical push-button and rotary switch exports from Uganda reduced dramatically to 17K units in 2022, dropping by -18.3% against the previous year's figure. In general, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Over the period under review, the exports reached the maximum at 69K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electrical push-button and rotary switch exports surged to $23K in 2022. Overall, exports faced a sharp decrease. The exports peaked at $46K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electrical Push-Button and Rotary Switch in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan24.50.60.311.5-22.3%
Democratic Republic of the Congo3.54.64.86.623.5%
Kenya9.21.8N/A5.0-18.4%
TanzaniaN/AN/A0.3N/A0%
Others8.91.14.6N/A-28.1%
Total46.28.110.023.1-20.6%

Top Export Markets for Electrical Push-Button and Rotary Switch from Uganda in 2022:

  1. Democratic Republic of the Congo (10.7K units)
  2. South Sudan (5.4K units)
  3. Kenya (0.7K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Electrical Push-Button and Rotary Switches for under 1000 V - Uganda