Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Uganda - 2022
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Uganda (FOB) - 2022
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Uganda (CIF) - 2022
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Uganda
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Uganda
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Uganda (FOB) - 2022
The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $67,055 per ton in 2022, declining by -35% against the previous year. Over the period under review, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 114% against the previous year. The export price peaked at $177,250 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($70,084 per ton), while the average price for exports to Democratic Republic of the Congo ($12,250 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 Rwanda (+19.8%), while the prices for the other major destinations experienced a decline.
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Uganda (CIF) - 2022
The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $357,958 per ton in 2022, with a decrease of -22.9% against the previous year. Over the period under review, the import price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 an increase of 192%. The import price peaked at $463,991 per ton in 2021, and then shrank rapidly in the following year.
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 Hong Kong SAR ($1,220,000 per ton), while the price for Turkey ($19,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+82.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Uganda
In 2022, overseas shipments of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -57.2% to 290 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 881%. As a result, the exports attained the peak of 677 kg, and then dropped dramatically in the following year.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves dropped significantly to $19K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,709%. As a result, the exports reached the peak of $70K, and then fell significantly in the following year.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.3 | 2.9 | 68.2 | 18.3 | 293.6% |
| Canada | N/A | N/A | 0.3 | 0.8 | 166.7% |
| Rwanda | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Democratic Republic of the Congo | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.8 | 1.1 | 0.1 | 0.0% |
| Total | 0.5 | 3.9 | 69.8 | 19.4 | 238.5% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Uganda in 2022:
- United States (261.0 kg)
- Canada (12.0 kg)
- Democratic Republic of the Congo (8.0 kg)
- Rwanda (6.0 kg)
Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Uganda
In 2022, supplies from abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -77.6% to 24 kg, falling for the second consecutive year after two years of growth. In general, imports faced a sharp contraction. The growth pace was the most rapid in 2020 when imports increased by 7.8%. As a result, imports attained the peak of 180 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves contracted rapidly to $8.6K in 2022. Over the period under review, imports saw a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 46%. As a result, imports attained the peak of $75K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 13.8 | 29.3 | 12.0 | 2.4 | -44.2% |
| China | 0.5 | 2.4 | 11.1 | 1.1 | 30.1% |
| United Kingdom | 1.3 | 0.2 | 0.3 | 0.6 | -22.7% |
| United States | 0.7 | 4.4 | 0.6 | 0.3 | -24.6% |
| South Africa | 0.3 | 0.2 | 0.3 | 0.1 | -30.7% |
| United Arab Emirates | 2.2 | 1.0 | N/A | 0.1 | -64.3% |
| India | 0.2 | 0.1 | 0.4 | 0.1 | -20.6% |
| Kenya | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Turkey | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Others | 32.0 | 37.3 | 24.7 | 4.0 | -50.0% |
| Total | 51.3 | 75.1 | 49.6 | 8.6 | -44.9% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Uganda in 2022:
- China (6.0 kg)
- Hong Kong SAR (2.0 kg)
- Turkey (1.0 kg)
- United States (1.0 kg)
- South Africa (1.0 kg)
- United Arab Emirates (1.0 kg)
- India (1.0 kg)
- United Kingdom (1.0 kg)
- Kenya (1.0 kg)
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