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

Contents:

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

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

In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $1,303 per ton, jumping by 37% against the previous year. In general, the import price, however, recorded a abrupt contraction. Over the period under review, average import prices hit record highs at $2,453 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 India ($2,539 per ton), while the price for China ($1,229 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $1,476 per ton, which is down by -17.3% against the previous year. Over the period under review, the export price continues to indicate a pronounced descent. The growth pace was the most rapid in 2015 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices reached the maximum at $2,067 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($2,840 per ton), while the average price for exports to Burundi ($724 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 Singapore (+20.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of iron or steel cast fittings, other than of non-malleable cast ira into Uganda skyrocketed to 1.2K tons, picking up by 75% compared with 2021. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira surged to $1.6M in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4076015921,45753.0%
Others13283.663.5118-3.7%
Total5396856561,57543.0%

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

  1. China (1186.3 tons)

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

In 2022, exports of iron or steel cast fittings, other than of non-malleable cast ira from Uganda shrank dramatically to 250 kg, declining by -98.2% against the previous year's figure. Over the period under review, exports recorded a sharp descent. The smallest decline of -16.2% was in 2021.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira fell dramatically to $369 in 2022. Overall, exports saw a precipitous descent. The smallest decline of -6.8% was in 2021.

Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan1.69.814.00.2-50.0%
Burundi10.49.66.10.1-78.7%
Kenya3.46.14.30.1-69.1%
Singapore187N/AN/AN/A0%
Others0.61.30.6N/A0.0%
Total20326.825.00.4-87.5%

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

  1. Burundi (123.0 kg)
  2. South Sudan (95.0 kg)
  3. Kenya (25.0 kg)

Source: IndexBox Market Intelligence Platform

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