Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Uganda - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Uganda (FOB) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Uganda (CIF) - 2022
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Uganda
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Uganda
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Uganda (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $470 per ton in 2022, surging by 16% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $474 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 Rwanda amounted to -0.1% per year.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Uganda (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $4,636 per ton, rising by 20% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 271%. As a result, import price reached the peak level of $8,834 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
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 Kenya ($38,500 per ton), while the price for China ($530 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Uganda
In 2022, overseas shipments of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -57.7% to 103 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of 3.6%. As a result, the exports attained the peak of 752 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia contracted notably to $49K in 2022. In general, exports continue to indicate a dramatic contraction. The smallest decline of -2.9% was in 2020.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 297 | 289 | 98.8 | 48.6 | -45.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 297 | 289 | 98.8 | 48.6 | -45.3% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Uganda in 2022:
- Rwanda (103.4 tons)
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Uganda
Imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia into Uganda fell sharply to 407 kg in 2022, waning by -28.2% on the previous year. Over the period under review, imports recorded a sharp descent.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia shrank to $1.9K in 2022. In general, imports continue to indicate a dramatic downturn.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 36.9 | 2.4 | 1.7 | 1.2 | -68.1% |
| United Kingdom | 3.4 | 0.1 | N/A | 0.1 | -69.1% |
| China | 1.3 | 0.3 | 0.2 | 0.1 | -57.5% |
| India | 0.5 | N/A | 0.1 | N/A | -55.3% |
| United Arab Emirates | 0.2 | N/A | N/A | N/A | 0% |
| Others | 39.0 | 1.1 | 0.2 | 0.5 | -76.6% |
| Total | 81.2 | 4.0 | 2.2 | 1.9 | -71.4% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Uganda in 2022:
- China (236.0 kg)
- Kenya (30.0 kg)
- United Arab Emirates (2.0 kg)
- India (1.0 kg)
- United Kingdom (1.0 kg)
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