Price for Monumental or Building Stone, Other than Granite and Sandstone in Uganda - 2022

Contents:

  1. Price for Monumental or Building Stone, Other than Granite and Sandstone in Uganda (CIF) - 2022
  2. Price for Monumental or Building Stone, Other than Granite and Sandstone in Uganda (FOB) - 2022
  3. Imports of Monumental or Building Stone, Other than Granite and Sandstone in Uganda
  4. Exports of Monumental or Building Stone, Other than Granite and Sandstone in Uganda

Price for Monumental or Building Stone, Other than Granite and Sandstone in Uganda (CIF) - 2022

In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $66 per ton, stabilizing at the previous year. In general, the import price showed a dramatic setback. The growth pace was the most rapid in 2018 an increase of 54% against the previous year. The import price peaked at $4,355 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($95 per ton), while the price for Kenya ($26 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (-14.5%), while the prices for the other major suppliers experienced a decline.

Price for Monumental or Building Stone, Other than Granite and Sandstone in Uganda (FOB) - 2022

The average export price for monumental or building stone, other than granite and sandstone stood at $36 per ton in 2022, approximately mirroring the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2016 when the average export price increased by 98% against the previous year. Over the period under review, the average export prices hit record highs at $166 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -2.6% per year.

Imports of Monumental or Building Stone, Other than Granite and Sandstone in Uganda

After three years of growth, overseas purchases of monumental or building stone, other than granite and sandstone decreased by -7.1% to 420 tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 66% against the previous year.

In value terms, imports of monumental or building stone, other than granite and sandstone dropped to $28K in 2022. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India21.917.022.622.30.6%
ChinaN/A1.52.32.631.7%
Kenya2.85.84.31.4-20.6%
United Kingdom0.30.40.10.626.0%
Norway9.1N/AN/AN/A0%
Others0.40.80.81.035.7%
Total34.525.530.027.8-6.9%

Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Uganda in 2022:

  1. India (330.5 tons)
  2. Kenya (53.1 tons)
  3. China (27.0 tons)
  4. United Kingdom (7.6 tons)

Exports of Monumental or Building Stone, Other than Granite and Sandstone in Uganda

Exports of monumental or building stone, other than granite and sandstone from Uganda amounted to 5.6 tons in 2022, flattening at the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 0.5%. As a result, the exports attained the peak of 5.6 tons; afterwards, it flattened through to 2022.

In value terms, exports of monumental or building stone, other than granite and sandstone amounted to $199 in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 0.5%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda1681991991995.8%
Others30.0N/AN/AN/A0%
Total1981991991990.2%

Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Uganda in 2022:

  1. Rwanda (5.6 tons)

Source: IndexBox Market Intelligence Platform

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