Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Uganda - 2022

Contents:

1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Uganda (CIF) - 2022
2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Uganda (FOB) - 2022
3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Uganda
4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Uganda

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Uganda (CIF) - 2022

The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $1.2 per square meter in 2022, rising by 37% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 92%. As a result, import price reached the peak level of $3 per square meter. From 2015 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 Hong Kong SAR ($4.6 per square meter), while the price for South Africa ($0.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.7%), while the prices for the other major suppliers experienced a decline.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Uganda (FOB) - 2022

In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $4.1 per square meter, jumping by 35% against the previous year. In general, the export price saw buoyant growth. The pace of growth was the most pronounced in 2016 an increase of 86%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +17.9% per year.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Uganda

Imports of textile fabrics, rubberised; other than those of heading no. 5902s into Uganda dropped significantly to 47K square meters in 2022, waning by -49.4% compared with the previous year's figure. Over the period under review, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Over the period under review, imports of hit record highs at 166K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s shrank notably to $57K in 2022. Overall, imports saw a dramatic downturn. The smallest decline of -2% was in 2021. Imports peaked at $156K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Uganda in 2022:

1. India (30.1K square meters)
2. China (9.6K square meters)
3. South Africa (2.3K square meters)
4. Hong Kong SAR (1.8K square meters)
5. United Arab Emirates (1.5K square meters)
6. Italy (1.1K square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Uganda

Exports of textile fabrics, rubberised; other than those of heading no. 5902s from Uganda fell to 173 square meters in 2022, dropping by -7.5% against the previous year. Over the period under review, exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 5.1% against the previous year. Over the period under review, the exports of attained the maximum at 918 square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s surged to $707 in 2022. In general, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. Over the period under review, the exports of attained the maximum at $1.9K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Uganda in 2022:

1. Democratic Republic of the Congo (173.0 square meters)

Source: IndexBox Market Intelligence Platform