Price for New Pneumatic Tyres, of Rubber in Uganda - 2022
Contents:
- Price for New Pneumatic Tyres, of Rubber in Uganda (CIF) - 2022
- Price for New Pneumatic Tyres, of Rubber in Uganda (FOB) - 2022
- Imports of New Pneumatic Tyres, of Rubber in Uganda
- Exports of New Pneumatic Tyres, of Rubber in Uganda
Price for New Pneumatic Tyres, of Rubber in Uganda (CIF) - 2022
The average import price for new pneumatic tyres, of rubbers stood at $32 per unit in 2022, waning by -2.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 47%. As a result, import price attained the peak level of $44 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($78 per unit), while the price for India ($9.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for New Pneumatic Tyres, of Rubber in Uganda (FOB) - 2022
In 2022, the average export price for new pneumatic tyres, of rubbers amounted to $42 per unit, declining by -5.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 an increase of 26% against the previous year. As a result, the export price attained the peak level of $96 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($150 per unit), while the average price for exports to Ethiopia ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of New Pneumatic Tyres, of Rubber in Uganda
In 2022, imports of new pneumatic tyres, of rubbers into Uganda reduced sharply to 1.5M units, falling by -18.7% against the previous year. Over the period under review, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 56%. Over the period under review, imports attained the maximum at 2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, new pneumatic tyres, of rubber imports contracted significantly to $48M in 2022. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. As a result, imports attained the peak of $60M, and then shrank rapidly in the following year.
| Import of New Pneumatic Tyres, of Rubber in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.4 | 15.4 | 31.0 | 27.8 | -0.7% |
| India | 19.6 | 11.1 | 16.5 | 9.8 | -20.6% |
| United Arab Emirates | 4.8 | 3.6 | 4.4 | 2.7 | -17.5% |
| Japan | 1.8 | 1.2 | 3.3 | 2.6 | 13.0% |
| Others | 5.2 | 3.7 | 5.1 | 4.7 | -3.3% |
| Total | 59.8 | 34.9 | 60.3 | 47.6 | -7.3% |
Top Suppliers of New Pneumatic Tyres, of Rubber to Uganda in 2022:
- India (1004.9K units)
- China (354.4K units)
- United Arab Emirates (36.2K units)
- Japan (34.5K units)
Exports of New Pneumatic Tyres, of Rubber in Uganda
In 2022, new pneumatic tyres, of rubber exports from Uganda soared to 259K units, rising by 18% against 2021 figures. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 192%. As a result, the exports reached the peak of 291K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, new pneumatic tyres, of rubber exports rose rapidly to $11M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 97%. As a result, the exports attained the peak of $12M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of New Pneumatic Tyres, of Rubber in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Sudan | 0.2 | 0.6 | 3.2 | 3.0 | 146.6% |
| Tanzania | 1.5 | 3.1 | 3.2 | 2.9 | 24.6% |
| Kenya | 1.7 | 4.8 | 1.3 | 2.4 | 12.2% |
| Democratic Republic of the Congo | 1.8 | 2.8 | 1.6 | 1.9 | 1.8% |
| Burundi | 0.5 | 0.6 | 0.2 | 0.4 | -7.2% |
| Ethiopia | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 6.0 | 11.9 | 9.7 | 10.8 | 21.6% |
Top Export Markets for New Pneumatic Tyres, of Rubber from Uganda in 2022:
- Tanzania (150.3K units)
- Kenya (54.6K units)
- Democratic Republic of the Congo (20.6K units)
- South Sudan (20.0K units)
- Ethiopia (7.7K units)
- Burundi (5.8K units)
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