Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Uganda - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Uganda (CIF) - 2022
  2. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Uganda (FOB) - 2022
  3. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Uganda
  4. Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Uganda

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Uganda (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $4,614 per ton, surging by 78% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 fibres; synthetic filament tow, acrylic or modacrylics increased by +99.0% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Kenya ($7,544 per ton), while the price for South Africa ($3,134 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Uganda (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $4,873 per ton, approximately equating the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 187% against the previous year. Over the period under review, the average export prices reached the maximum at $6,082 per ton in 2015; however, from 2016 to 2022, the 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 Tanzania ($12,164 per ton), while the average price for exports to Kenya totaled $4,736 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+19.8%).

Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Uganda

In 2022, imports of fibres; synthetic filament tow, acrylic or modacrylics into Uganda contracted remarkably to 488 tons, reducing by -79.8% compared with 2021 figures. Over the period under review, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 6.2%.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics shrank dramatically to $2M in 2022. Overall, imports continue to indicate a sharp descent. The pace of growth was the most pronounced in 2021 when imports increased by 19%.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,1601,7853,269990-22.9%
Japan4,1128871,186464-51.7%
South Africa9651,669897351-28.6%
South Korea964652534100-53.0%
Kenya75.193.420466.1-4.2%
Singapore15014917962.4-25.3%
Others71.247.68.26.7-54.5%
Total8,4985,2836,2772,041-37.8%

Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Uganda in 2022:

  1. China (226.0 tons)
  2. South Africa (112.0 tons)
  3. Japan (100.6 tons)
  4. South Korea (26.5 tons)
  5. Singapore (9.4 tons)
  6. Kenya (8.8 tons)

Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Uganda

Exports of fibres; synthetic filament tow, acrylic or modacrylics from Uganda skyrocketed to 26 tons in 2022, jumping by 93% against 2021. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 93%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics skyrocketed to $129K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya14.130.362.0123105.9%
Tanzania4.45.15.65.910.3%
OthersN/AN/AN/AN/A0%
Total18.535.467.612991.0%

Top Export Markets for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic from Uganda in 2022:

  1. Kenya (26.0 tons)
  2. Tanzania (0.5 tons)

Source: IndexBox Market Intelligence Platform

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