Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Uganda - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Uganda (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Uganda (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Uganda
- Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Uganda
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Uganda (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $6,438 per ton, rising by 17% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe butt welding fittings of stainless steels decreased by -40.7% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 75% against the previous year. Over the period under review, average import prices reached the peak figure at $10,863 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($32,410 per ton), while the price for India ($3,453 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Uganda (FOB) - 2022
The average export price for tube or pipe butt welding fittings of stainless steels stood at $7,833 per ton in 2022, with an increase of 66% against the previous year. Overall, the export price, however, recorded a noticeable contraction. The export price peaked at $14,191 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($62,143 per ton), while the average price for exports to Burundi ($7,094 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 Burundi (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Uganda
In 2022, the amount of tube or pipe butt welding fittings of stainless steels imported into Uganda stood at 5 tons, picking up by 2.9% on the previous year. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 115%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of tube or pipe butt welding fittings of stainless steels soared to $33K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | N/A | 2.0 | 5.2 | 12.6 | 151.0% |
| United Arab Emirates | 2.8 | 2.7 | 4.0 | 5.5 | 25.2% |
| China | 7.0 | 1.4 | 6.8 | 4.3 | -15.0% |
| Finland | N/A | N/A | 0.8 | 1.9 | 137.5% |
| Turkey | 0.3 | N/A | 0.2 | 1.0 | 49.4% |
| Italy | 0.6 | 0.7 | 0.8 | 0.8 | 10.1% |
| United States | N/A | 0.2 | 0.6 | 0.7 | 87.1% |
| Netherlands | 4.2 | 6.8 | 4.8 | 0.6 | -47.7% |
| India | 0.8 | 0.7 | 1.0 | 0.5 | -14.5% |
| Others | 6.5 | 1.5 | 2.7 | 4.4 | -12.2% |
| Total | 22.3 | 16.1 | 26.9 | 32.5 | 13.4% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Uganda in 2022:
- Kenya (2724.0 kg)
- China (1221.0 kg)
- United Arab Emirates (284.0 kg)
- Turkey (191.0 kg)
- India (159.0 kg)
- United States (148.0 kg)
- Finland (100.0 kg)
- Italy (86.0 kg)
- Netherlands (16.0 kg)
Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Uganda
In 2022, overseas shipments of tube or pipe butt welding fittings of stainless steels decreased by -39.4% to 990 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 195%. As a result, the exports reached the peak of 1.6 tons, and then dropped significantly in the following year.
In value terms, exports of tube or pipe butt welding fittings of stainless steels reached $7.8K in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 190% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 0.5 | 0.5 | 5.4 | 5.4 | 121.0% |
| Democratic Republic of the Congo | N/A | N/A | 1.8 | 1.9 | 5.6% |
| South Sudan | 0.8 | 0.1 | 0.5 | 0.4 | -20.6% |
| Italy | N/A | 2.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | 2.7 | 7.7 | 7.8 | 81.7% |
Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Uganda in 2022:
- Burundi (768.0 kg)
- Democratic Republic of the Congo (214.0 kg)
- South Sudan (7.0 kg)
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