Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Uganda - 2022
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Uganda (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Uganda (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Uganda
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Uganda
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Uganda (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $2,611 per ton in 2022, shrinking by -8.7% against the previous year. Overall, the import price, however, saw a notable increase. The growth pace was the most rapid in 2016 when the average import price increased by 43% against the previous year. Over the period under review, average import prices reached the peak figure at $5,461 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($26,000 per ton), while the price for the United Arab Emirates ($262 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Uganda (FOB) - 2022
In 2022, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $2,417 per ton, rising by 16% against the previous year. In general, the export price continues to indicate a measured expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 56%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($24,000 per ton), while the average price for exports to Kenya ($1,870 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 Democratic Republic of the Congo (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Uganda
In 2022, after three years of growth, there was significant decline in purchases abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia, when their volume decreased by -67.8% to 2.9 tons. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 782%. As a result, imports attained the peak of 8.9 tons, and then declined sharply in the following year.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia declined notably to $7.5K in 2022. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 362%. As a result, imports attained the peak of $26K, and then declined markedly in the following year.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 2.7 | 4.9 | 22.8 | 6.9 | 36.7% |
| United Arab Emirates | 0.2 | 0.3 | 1.5 | 0.4 | 26.0% |
| Italy | N/A | N/A | N/A | 0.1 | 0% |
| China | N/A | N/A | 0.8 | N/A | 0% |
| Others | 0.1 | 0.3 | 0.4 | 0.1 | 0.0% |
| Total | 3.0 | 5.5 | 25.6 | 7.5 | 35.7% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Uganda in 2022:
- United Arab Emirates (1660.0 kg)
- Kenya (1124.0 kg)
- Italy (59.0 kg)
- China (21.0 kg)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Uganda
In 2022, the amount of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia exported from Uganda contracted dramatically to 889 kg, waning by -51.7% compared with 2021 figures. Overall, exports showed a sharp downturn. The smallest decline of -29.3% was in 2020.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia dropped rapidly to $2.1K in 2022. In general, exports recorded a precipitous contraction. The smallest decline of -28.6% was in 2020.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 0.7 | N/A | 1.3 | 1.4 | 26.0% |
| Kenya | 14.9 | 11.6 | 2.4 | 0.7 | -63.9% |
| Others | 1.2 | 0.3 | 0.1 | 0.1 | -56.3% |
| Total | 16.8 | 12.0 | 3.8 | 2.1 | -50.0% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Uganda in 2022:
- Burundi (501.0 kg)
- Kenya (384.0 kg)
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