Price for Fibres; Synthetic Filament Tow, of Polypropylene in Uganda - 2022
Contents:
- Price for Fibres; Synthetic Filament Tow, of Polypropylene in Uganda (CIF) - 2022
- Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Uganda
Price for Fibres; Synthetic Filament Tow, of Polypropylene in Uganda (CIF) - 2022
The average import price for fibres; synthetic filament tow, of polypropylene stood at $1,800 per ton in 2022, dropping by -28.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22%. As a result, import price attained the peak level of $2,504 per ton, and then declined notably in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($1,863 per ton), while the price for China stood at $1,708 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.9%).
Imports of Fibres; Synthetic Filament Tow, of Polypropylene in Uganda
In 2022, after three years of growth, there was significant decline in supplies from abroad of fibres; synthetic filament tow, of polypropylene, when their volume decreased by -23.5% to 9.2 tons. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 80%.
In value terms, imports of fibres; synthetic filament tow, of polypropylene dropped notably to $17K in 2022. Overall, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 112% against the previous year.
| Import of Fibres; Synthetic Filament Tow, of Polypropylene in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.6 | 16.1 | 22.2 | 10.1 | 21.7% |
| China | 2.8 | 7.5 | 7.9 | 6.4 | 31.7% |
| Others | 2.7 | N/A | N/A | N/A | 0% |
| Total | 11.2 | 23.6 | 30.1 | 16.5 | 13.8% |
Top Suppliers of Fibres; Synthetic Filament Tow, of Polypropylene to Uganda in 2022:
- South Korea (5.4 tons)
- China (3.8 tons)
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