Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Uganda - 2022

Contents:

  1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Uganda (CIF) - 2022
  2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Uganda (FOB) - 2022
  3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Uganda
  4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Uganda

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Uganda (CIF) - 2022

The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $6,036 per ton in 2022, declining by -49% against the previous year. In general, the import price, however, recorded a tangible increase. The growth pace was the most rapid in 2021 when the average import price increased by 194%. As a result, import price attained the peak level of $11,835 per ton, and then fell remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($9,349 per ton), while the price for Turkey ($3,149 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Uganda (FOB) - 2022

In 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $7,122 per ton, stabilizing at the previous year. Over the period under review, the export price showed a noticeable contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 84%. As a result, the export price reached the peak level of $18,024 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($9,886 per ton), while the average price for exports to Democratic Republic of the Congo ($1,623 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 Kenya (-2.0%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Uganda

In 2022, the amount of fabrics, knitted or crocheted, of a width of > 30 cms imported into Uganda skyrocketed to 665 tons, with an increase of 162% against the year before. Over the period under review, imports continue to indicate a buoyant increase.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms skyrocketed to $4M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4342,3062,7103,45434.0%
Kenya12431425144453.0%
TurkeyN/A1.4N/A69.9606.6%
India11.915126.31.0-56.2%
Ethiopia434N/AN/AN/A0%
Others43.61.218.846.32.0%
Total2,0472,7743,0064,01525.2%

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Uganda in 2022:

  1. China (589.5 tons)
  2. Kenya (47.5 tons)
  3. Turkey (22.2 tons)
  4. India (0.3 tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Uganda

After three years of growth, shipments abroad of fabrics, knitted or crocheted, of a width of > 30 cms decreased by -16.2% to 4.8 tons in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 48%.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms contracted rapidly to $34K in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 48%.

Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya10.9N/A40.320.222.8%
Rwanda6.9N/AN/A13.625.4%
Democratic Republic of the Congo0.1N/A0.20.226.0%
IndonesiaN/A27.4N/AN/A0%
Others0.6N/A0.1N/A-59.2%
Total18.527.440.634.022.5%

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Uganda in 2022:

  1. Kenya (3.3 tons)
  2. Rwanda (1.4 tons)
  3. Democratic Republic of the Congo (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; knitted or crocheted fabrics, other than those of headings 60.01 to 60.04 - Uganda