Price for Winding Wire of Copper in Uganda - 2022
Contents:
- Price for Winding Wire of Copper in Uganda (CIF) - 2022
- Price for Winding Wire of Copper in Uganda (FOB) - 2022
- Imports of Winding Wire of Copper in Uganda
- Exports of Winding Wire of Copper in Uganda
Price for Winding Wire of Copper in Uganda (CIF) - 2022
In 2022, the average winding wire of copper import price amounted to $5,967 per ton, increasing by 140% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $6,831 per ton in 2016; however, from 2017 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 Lebanon ($10,818 per ton), while the price for the United Arab Emirates ($1,408 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Uganda (FOB) - 2022
The average winding wire of copper export price stood at $15,145 per ton in 2022, picking up by 137% against the previous year. Overall, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($6,807 per ton), while the average price for exports to Tanzania ($2,135 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 Democratic Republic of the Congo (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in Uganda
Winding wire of copper imports into Uganda surged to 490 tons in 2022, increasing by 73% compared with the previous year. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, winding wire of copper imports soared to $2M in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Winding Wire of Copper in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 350 | 535 | 398 | 1,337 | 56.3% |
| Egypt | 105 | 139 | 82.3 | 239 | 31.5% |
| Hong Kong SAR | 10.3 | 27.6 | 28.9 | 75.8 | 94.5% |
| India | 46.8 | 117 | 74.3 | 35.6 | -8.7% |
| Lebanon | 110 | 86.8 | 44.1 | 32.7 | -33.3% |
| Tanzania | 1.1 | 2.8 | 4.4 | 31.7 | 206.6% |
| Others | 92.2 | 130 | 74.0 | 224 | 34.4% |
| Total | 715 | 1,038 | 706 | 1,976 | 40.3% |
Top Suppliers of Winding Wire of Copper to Uganda in 2022:
- China (399.5 tons)
- Egypt (28.1 tons)
- Hong Kong SAR (18.2 tons)
- Tanzania (9.5 tons)
- India (8.5 tons)
- Lebanon (3.0 tons)
Exports of Winding Wire of Copper in Uganda
In 2022, shipments abroad of winding wire of coppers decreased by -88.8% to 254 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 36%. As a result, the exports reached the peak of 4.5 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, winding wire of copper exports fell rapidly to $939 in 2022. In general, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, the exports attained the peak of $28K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Winding Wire of Copper in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Sudan | 13.7 | 21.1 | 13.6 | 0.6 | -64.8% |
| Tanzania | N/A | N/A | 0.1 | 0.3 | 200.0% |
| China | N/A | 3.4 | N/A | N/A | 0% |
| Rwanda | 8.1 | 2.8 | 0.7 | N/A | -70.6% |
| Democratic Republic of the Congo | 1.7 | 0.6 | 0.1 | N/A | -75.7% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 23.5 | 28.0 | 14.4 | 0.9 | -66.3% |
Top Export Markets for Winding Wire of Copper from Uganda in 2022:
- Tanzania (163.0 kg)
- South Sudan (83.0 kg)
- Democratic Republic of the Congo (6.0 kg)
- Rwanda (1.0 kg)
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