Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Uganda - 2022

Contents:

1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Uganda (CIF) - 2022
2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Uganda (FOB) - 2022
3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Uganda
4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Uganda

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Uganda (CIF) - 2022

In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $1,597 per unit, with an increase of 20% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 82% against the previous year. Over the period under review, average import prices reached the maximum at $2,407 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Kenya ($3,116 per unit), while the price for Tanzania ($488 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Uganda (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $152 per unit, jumping by 87% against the previous year. In general, the export price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2013 an increase of 102% against the previous year. Over the period under review, the average export prices attained the maximum at $496 per unit in 2015; however, from 2016 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 Democratic Republic of the Congo ($907 per unit), while the average price for exports to Tanzania ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+45.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Uganda

For the third year in a row, Uganda recorded decline in overseas purchases of weighing machines; having a maximum weighing capacity exceeding 5000kgs, which decreased by -15.5% to 409 units in 2022. In general, imports continue to indicate a deep contraction. The smallest decline of -10.9% was in 2020. Imports peaked at 699 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs rose to $653K in 2022. Overall, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.0% 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 decreased by -36.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 62%. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Uganda in 2022:

1. India (207.0 units)
2. China (147.0 units)
3. United Arab Emirates (14.0 units)
4. Tanzania (7.0 units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Uganda

In 2022, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs from Uganda dropped significantly to 16 units, shrinking by -54.3% against the previous year's figure. In general, exports recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 84% against the previous year. As a result, the exports reached the peak of 35 units, and then contracted rapidly in the following year.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs shrank to $2.4K in 2022. Over the period under review, exports faced a deep setback. The exports peaked at $4.5K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Uganda in 2022:

1. Rwanda (6.0 units)
2. Kenya (6.0 units)
3. South Africa (1.0 units)
4. Tanzania (1.0 units)
5. Democratic Republic of the Congo (1.0 units)
6. Burundi (1.0 units)

Source: IndexBox Market Intelligence Platform