Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uganda - 2022

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uganda (CIF) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uganda (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Uganda
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Uganda

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uganda (CIF) - 2022

In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $6,865 per ton, increasing by 38% against the previous year. Over the period under review, the import price, however, showed a slight decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 66%. As a result, import price attained the peak level of $8,598 per ton. From 2020 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 South Africa ($30,601 per ton), while the price for China ($1,097 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 Arab Emirates (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Uganda (FOB) - 2022

The average export price for machinery; parts of the machinery of heading no. 8425 stood at $5,568 per ton in 2022, with an increase of 2.2% against the previous year. In general, the export price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2015 an increase of 372% against the previous year. As a result, the export price attained the peak level of $27,222 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($7,219 per ton), while the average price for exports to Rwanda ($100 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 the United Arab Emirates (+10.8%), while the prices for the other major destinations experienced a decline.

Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Uganda

In 2022, the amount of machinery; parts of the machinery of heading no. 8425 imported into Uganda soared to 50 tons, jumping by 72% on the previous year's figure. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 96% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 soared to $343K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machinery; Parts of the Machinery of Heading No. 8425 in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10.113.131.990.7107.9%
United States31.556.256.871.831.6%
South Africa1.91.84.826.4140.4%
China1.914.28.621.4124.2%
Belgium5.39.59.78.014.7%
United Arab Emirates2.00.58.32.00.0%
Democratic Republic of the Congo33.0N/AN/AN/A0%
MauritiusN/A5.4N/AN/A0%
Others19.724.324.312384.1%
Total10512514434348.4%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Uganda in 2022:

  1. India (23.3 tons)
  2. China (19.5 tons)
  3. United States (4.0 tons)
  4. South Africa (0.9 tons)
  5. Belgium (0.3 tons)
  6. United Arab Emirates (0.1 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Uganda

In 2022, exports of machinery; parts of the machinery of heading no. 8425 from Uganda soared to 424 kg, jumping by 104% against the previous year's figure. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 505% against the previous year. As a result, the exports attained the peak of 1.6 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 soared to $2.4K in 2022. Overall, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 228%. As a result, the exports attained the peak of $9.6K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Machinery; Parts of the Machinery of Heading No. 8425 in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo6072,991303533-4.2%
United Kingdom9622,523260462-21.7%
United Arab Emirates17333217.079.0-23.0%
South Africa15.036.03.05.0-30.7%
RwandaN/AN/AN/A1.00%
MaliN/AN/A24.0N/A0%
Others1,1733,7385261,2813.0%
Total2,9309,6201,1332,361-6.9%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Uganda in 2022:

  1. Democratic Republic of the Congo (313.0 kg)
  2. United Kingdom (64.0 kg)
  3. United Arab Emirates (21.0 kg)
  4. South Africa (11.0 kg)
  5. Rwanda (10.0 kg)

Source: IndexBox Market Intelligence Platform

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