Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uganda - 2022

Contents:

  1. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uganda (CIF) - 2022
  2. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uganda (FOB) - 2022
  3. Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uganda
  4. Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uganda

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uganda (CIF) - 2022

In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $7,024 per ton, surging by 44% against the previous year. In general, the import price, however, showed a abrupt slump. The growth pace was the most rapid in 2020 when the average import price increased by 51%. The import price peaked at $13,551 per ton in 2012; however, from 2013 to 2022, 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 Portugal ($83,277 per ton), while the price for China ($8,405 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced a decline.

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uganda (FOB) - 2022

In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $9,333 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 167% against the previous year. As a result, the export price attained the peak level of $16,872 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($62,250 per ton), while the average price for exports to Burundi ($1,667 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 Ghana (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uganda

In 2022, overseas purchases of iron or steel; non-threaded cotters and cotter-pinses decreased by -8.2% to 12 tons, falling for the second year in a row after two years of growth. In general, imports, however, saw strong growth. The growth pace was the most rapid in 2020 when imports increased by 353% against the previous year. As a result, imports attained the peak of 34 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses soared to $86K in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 584% against the previous year. As a result, imports reached the peak of $315K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.57.22.522.8147.7%
Portugal0.613.41.65.4108.0%
India18.611824.32.9-46.2%
United States0.12.3N/A2.2180.2%
Others25.217436.752.828.0%
Total46.031565.186.223.3%

Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Uganda in 2022:

  1. China (2.7 tons)
  2. India (0.3 tons)
  3. United States (0.1 tons)
  4. Portugal (0.1 tons)

Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uganda

In 2022, after three years of growth, there was significant decline in overseas shipments of iron or steel; non-threaded cotters and cotter-pinses, when their volume decreased by -73.1% to 150 kg. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 119%.

In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses fell dramatically to $1.4K in 2022. Overall, exports recorded a slight downturn. The growth pace was the most rapid in 2020 with an increase of 485% against the previous year. As a result, the exports attained the peak of $8.7K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo3211,3051,14348714.9%
Ghana11938632324927.9%
Mexico78.019113363.0-6.9%
Rwanda11724713550.0-24.7%
Tanzania43.010059.024.0-17.7%
Burundi31.059.029.010.0-31.4%
China9.01111,9952.0-39.4%
South AfricaN/A3,108N/AN/A0%
Others7653,1651,318515-12.4%
Total1,4838,6725,1351,400-1.9%

Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Uganda in 2022:

  1. Democratic Republic of the Congo (73.0 kg)
  2. Rwanda (14.0 kg)
  3. Tanzania (11.0 kg)
  4. Mexico (9.0 kg)
  5. Burundi (6.0 kg)
  6. Ghana (4.0 kg)
  7. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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