Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Uganda - 2022

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Uganda (FOB) - 2022
2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Uganda (CIF) - 2022
3. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Uganda
4. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Uganda

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Uganda (FOB) - 2022

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $529 per ton, leveling off at the previous year. Overall, the export price, however, showed a deep reduction. Over the period under review, the average export prices reached the maximum at $1,492 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to -7.8% per year.

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Uganda (CIF) - 2022

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $183 per ton in 2022, declining by -21.6% against the previous year. In general, the import price showed a deep contraction. The growth pace was the most rapid in 2014 when the average import price increased by 62% against the previous year. Over the period under review, average import prices reached the peak figure at $2,165 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Kenya.

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to -6.6% per year.

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Uganda

In 2022, approx. 37 tons of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses were exported from Uganda; approximately equating the previous year. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 117%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $20K in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 97%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from Uganda in 2022:

1. Rwanda (37.4 tons)

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Uganda

For the fourth year in a row, Uganda recorded growth in supplies from abroad of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses, which increased by 16% to 5.4 tons in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% 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 +55.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses declined to $991 in 2022. In general, imports, however, showed a abrupt setback. The smallest decline of -9.2% was in 2020.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Uganda in 2022:

1. Kenya (5.4 tons)

Source: IndexBox Market Intelligence Platform