Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Uganda - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Uganda (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Uganda (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Uganda
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Uganda
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Uganda (CIF) - 2022
In 2022, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $27,544 per ton, surging by 9.8% against the previous year. Over the period under review, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 63% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Germany ($105,503 per ton), while the price for China ($7,058 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Uganda (FOB) - 2022
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $75,101 per ton in 2022, increasing by 1,251% against the previous year. In general, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Denmark ($1,138,214 per ton), while the average price for exports to Burundi ($2,306 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 Nigeria (+302.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Uganda
In 2022, overseas purchases of machines and mechanical appliances; parts, of those having individual functionses decreased by -12.2% to 183 tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 12%. As a result, imports attained the peak of 372 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses fell slightly to $5M in 2022. Over the period under review, imports saw a pronounced descent. The pace of growth appeared the most rapid in 2020 with an increase of 42%. As a result, imports reached the peak of $8M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | N/A | 1,437 | 0% |
| Germany | 1,667 | 1,832 | 1,849 | 801 | -21.7% |
| India | 892 | 1,000 | 958 | 740 | -6.0% |
| Italy | 2,000 | 3,803 | 1,013 | 449 | -39.2% |
| China | 260 | 272 | 205 | 348 | 10.2% |
| South Africa | 62.3 | 84.3 | 279 | 237 | 56.1% |
| United Kingdom | 43.7 | 94.6 | 121 | 204 | 67.1% |
| United Arab Emirates | 55.2 | 88.8 | 35.9 | 78.2 | 12.3% |
| Turkey | 15.6 | 38.1 | 64.3 | 6.6 | -24.9% |
| Others | 589 | 742 | 699 | 735 | 7.7% |
| Total | 5,584 | 7,955 | 5,225 | 5,036 | -3.4% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Uganda in 2022:
- China (49.3 tons)
- Romania (49.1 tons)
- India (37.9 tons)
- Italy (11.2 tons)
- Germany (7.6 tons)
- United Arab Emirates (4.9 tons)
- South Africa (4.7 tons)
- United Kingdom (4.7 tons)
- Turkey (0.5 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Uganda
For the third consecutive year, Uganda recorded decline in overseas shipments of machines and mechanical appliances; parts, of those having individual functionses, which decreased by -54.5% to 601 kg in 2022. In general, exports recorded a precipitous slump. The smallest decline of -20.2% was in 2021.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses soared to $45K in 2022. Overall, exports continue to indicate a dramatic slump.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 15.9 | 0% |
| Italy | N/A | 5.6 | 2.4 | 9.9 | 33.0% |
| Japan | N/A | 4.7 | N/A | 3.8 | -10.1% |
| Switzerland | N/A | 0.2 | 0.8 | 2.6 | 260.6% |
| Norway | N/A | N/A | N/A | 2.2 | 0% |
| Belgium | 6.7 | N/A | N/A | 0.2 | -69.0% |
| Burundi | N/A | N/A | 3.0 | 0.1 | -96.7% |
| Rwanda | 87.1 | N/A | N/A | 0.1 | -89.5% |
| South Africa | 87.0 | N/A | N/A | N/A | 0% |
| Philippines | 1.0 | N/A | N/A | N/A | 0% |
| Mexico | N/A | 2.2 | N/A | N/A | 0% |
| Others | 0.4 | 0.4 | 1.1 | 10.3 | 195.3% |
| Total | 182 | 13.1 | 7.3 | 45.1 | -37.2% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Uganda in 2022:
- Japan (418.0 kg)
- Italy (36.0 kg)
- Burundi (36.0 kg)
- Switzerland (36.0 kg)
- Norway (33.0 kg)
- Rwanda (17.0 kg)
- Denmark (14.0 kg)
- Belgium (4.0 kg)
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