Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Uganda - 2022

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Uganda (CIF) - 2022
  2. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Uganda

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Uganda (CIF) - 2022

The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $5,326 per ton in 2022, picking up by 8.9% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +9.0% 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 fabrics; "long pile" fabrics, knitted or crocheteds increased by +18.4% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 51%. Over the period under review, average import prices hit record highs at $5,561 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,338 per ton), while the price for the United Arab Emirates amounted to $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%).

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Uganda

For the fourth consecutive year, Uganda recorded growth in supplies from abroad of fabrics; "long pile" fabrics, knitted or crocheteds, which increased by 52% to 138 kg in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds skyrocketed to $735 in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26434244071039.1%
United Arab Emirates2.02.02.02.00.0%
Others4.04.03.023.079.2%
Total27034844573539.6%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Uganda in 2022:

  1. China (133.0 kg)
  2. United Arab Emirates (2.0 kg)

Source: IndexBox Market Intelligence Platform

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