Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Uganda - 2022

Contents:

1. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Uganda (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Uganda (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Uganda
4. Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Uganda

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Uganda (CIF) - 2022

The average import price for tube or pipe fittings of non-malleable cast iron stood at $2,223 per ton in 2022, waning by -20.7% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2013 an increase of 93%. As a result, import price reached the peak level of $5,361 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,632 per ton), while the price for China ($1,849 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Uganda (FOB) - 2022

In 2022, the average export price for tube or pipe fittings of non-malleable cast iron amounted to $3,130 per ton, jumping by 23% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tube or pipe fittings of non-malleable cast iron increased by +36.1% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 47% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($12,250 per ton), while the average price for exports to Rwanda ($1,750 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 Democratic Republic of the Congo (+17.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Uganda

In 2022, imports of tube or pipe fittings of non-malleable cast iron into Uganda skyrocketed to 156 tons, jumping by 40% against the previous year. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 123% against the previous year.

In value terms, imports of tube or pipe fittings of non-malleable cast iron expanded rapidly to $346K in 2022. Overall, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 116%.

Top Suppliers of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron to Uganda in 2022:

1. China (141.5 tons)
2. India (3.5 tons)
3. Italy (3.0 tons)
4. Turkey (2.8 tons)

Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Uganda

For the third year in a row, Uganda recorded decline in overseas shipments of tube or pipe fittings of non-malleable cast iron, which decreased by -43.5% to 345 kg in 2022. Overall, exports faced a precipitous contraction. The smallest decline of -0.1% was in 2020.

In value terms, exports of tube or pipe fittings of non-malleable cast iron dropped dramatically to $1.1K in 2022. Over the period under review, exports faced a deep slump. The smallest decline of -1.1% was in 2021.

Top Export Markets for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron from Uganda in 2022:

1. South Sudan (330.0 kg)
2. Democratic Republic of the Congo (8.0 kg)
3. Rwanda (4.0 kg)

Source: IndexBox Market Intelligence Platform