Price for Tools, Hand; Other than Household Tools in Uganda - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Uganda (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Uganda (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Uganda
- Exports of Tools, Hand; Other than Household Tools in Uganda
Price for Tools, Hand; Other than Household Tools in Uganda (CIF) - 2022
The average import price for tools, hand; other than household toolses stood at $4,945 per ton in 2022, waning by -7.4% against the previous year. In general, the import price, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 69%. As a result, import price attained the peak level of $8,225 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($37,357 per ton), while the price for India ($1,773 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Uganda (FOB) - 2022
In 2022, the average export price for tools, hand; other than household toolses amounted to $6,848 per ton, with an increase of 140% against the previous year. Overall, the export price saw a strong expansion. The export price peaked at $8,275 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($33,281 per ton), while the average price for exports to Democratic Republic of the Congo ($5,593 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 Sudan (+61.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Uganda
For the fourth consecutive year, Uganda recorded growth in overseas purchases of tools, hand; other than household toolses, which increased by 44% to 215 tons in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tools, hand; other than household toolses soared to $1.1M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 79%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Tools, Hand; Other than Household Tools in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 68.1 | 91.2 | 253 | 252 | 54.7% |
| China | 217 | 245 | 222 | 161 | -9.5% |
| United States | 67.6 | 365 | 66.9 | 136 | 26.2% |
| Italy | 17.7 | 21.0 | 5.0 | 129 | 93.9% |
| Netherlands | 6.5 | 1.1 | 0.7 | 128 | 170.0% |
| United Arab Emirates | 35.5 | 189 | 58.8 | 86.4 | 34.5% |
| South Africa | 27.2 | 12.1 | 58.5 | 5.8 | -40.3% |
| Others | 134 | 103 | 130 | 165 | 7.2% |
| Total | 573 | 1,026 | 795 | 1,063 | 22.9% |
Top Suppliers of Tools, Hand; Other than Household Tools to Uganda in 2022:
- India (141.9 tons)
- China (44.6 tons)
- United Arab Emirates (10.2 tons)
- Italy (5.4 tons)
- United States (4.0 tons)
- Netherlands (3.4 tons)
- South Africa (0.3 tons)
Exports of Tools, Hand; Other than Household Tools in Uganda
In 2022, shipments abroad of tools, hand; other than household toolses decreased by -90.4% to 1.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 438% against the previous year. As a result, the exports reached the peak of 15 tons, and then shrank markedly in the following year.
In value terms, exports of tools, hand; other than household toolses reduced remarkably to $9.6K in 2022. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2020 when exports increased by 98% against the previous year.
| Export of Tools, Hand; Other than Household Tools in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Sudan | 7.4 | 12.5 | 8.0 | 8.1 | 3.1% |
| Kenya | 1.3 | 2.2 | 0.1 | 1.1 | -5.4% |
| Democratic Republic of the Congo | 0.2 | 1.0 | 0.4 | 0.5 | 35.7% |
| Tanzania | N/A | N/A | 27.7 | N/A | 0% |
| Others | 2.4 | 6.6 | 5.4 | N/A | 50.0% |
| Total | 11.3 | 22.4 | 41.6 | 9.6 | -5.3% |
Top Export Markets for Tools, Hand; Other than Household Tools from Uganda in 2022:
- South Sudan (1286.0 kg)
- Democratic Republic of the Congo (81.0 kg)
- Kenya (32.0 kg)
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