Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Uganda - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Uganda (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Uganda (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Uganda
  4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Uganda

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Uganda (CIF) - 2022

The average import price for wadding; other articles thereof, of man-made fibreses stood at $3,615 per ton in 2022, picking up by 18% against the previous year. Overall, the import price saw a mild expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 63%. The import price peaked at $8,154 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 China ($5,117 per ton), while the price for the United Arab Emirates amounted to $688 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+85.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Uganda (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $17,615 per ton, surging by 58% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 315% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($76,000 per ton), while the average price for exports to Rwanda amounted to $17,239 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+47.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Uganda

In 2022, approx. 4.8 tons of wadding; other articles thereof, of man-made fibreses were imported into Uganda; with a decrease of -82.4% against the year before. Over the period under review, imports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of 1,879% against the previous year. As a result, imports attained the peak of 27 tons, and then declined notably in the following year.

In value terms, imports of wadding; other articles thereof, of man-made fibreses fell significantly to $17K in 2022. In general, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 1,439% against the previous year. As a result, imports reached the peak of $84K, and then fell markedly in the following year.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.42.11.712.920.4%
United Arab Emirates7.40.99.50.9-50.5%
SwitzerlandN/AN/A50.5N/A0%
Others19.12.522.23.6-42.7%
Total33.95.483.817.4-19.9%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Uganda in 2022:

  1. China (2.5 tons)
  2. United Arab Emirates (1.3 tons)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Uganda

In 2022, approx. 156 kg of wadding; other articles thereof, of man-made fibreses were exported from Uganda; falling by -24.3% compared with 2021. Overall, exports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 37%.

In value terms, exports of wadding; other articles thereof, of man-made fibreses soared to $2.7K in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda1.00.62.22.739.2%
OthersN/A1.30.10.1-72.3%
Total1.01.92.32.739.2%

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Uganda in 2022:

  1. Rwanda (155.0 kg)

Source: IndexBox Market Intelligence Platform

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