Price for Wire of Other Alloy Steel in Uganda - 2022
Contents:
- Price for Wire of Other Alloy Steel in Uganda (CIF) - 2022
- Price for Wire of Other Alloy Steel in Uganda (FOB) - 2022
- Imports of Wire of Other Alloy Steel in Uganda
- Exports of Wire of Other Alloy Steel in Uganda
Price for Wire of Other Alloy Steel in Uganda (CIF) - 2022
The average import price for wire of other alloy steels stood at $1,178 per ton in 2022, growing by 30% against the previous year. Over the period under review, the import price saw modest growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $2,071 per ton. From 2018 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 Japan ($8,714 per ton), while the price for China ($779 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+47.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wire of Other Alloy Steel in Uganda (FOB) - 2022
In 2022, the average export price for wire of other alloy steels amounted to $533 per ton, shrinking by -20.2% against the previous year. In general, the export price saw a perceptible reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 70%. As a result, the export price reached the peak level of $2,571 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($3,598 per ton), while the average price for exports to Kenya ($104 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 South Sudan (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wire of Other Alloy Steel in Uganda
For the third year in a row, Uganda recorded decline in supplies from abroad of wire of other alloy steels, which decreased by -39.6% to 36 tons in 2022. Over the period under review, imports saw a precipitous curtailment. The smallest decline of -28.3% was in 2021.
In value terms, wire of other alloy steel imports contracted notably to $43K in 2022. In general, imports showed a sharp setback. The smallest decline of -17.6% was in 2021.
| Import of Wire of Other Alloy Steel in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 125 | 29.5 | 13.5 | 10.3 | -56.5% |
| Italy | 30.6 | 5.0 | 2.6 | 2.2 | -58.4% |
| Kenya | 1.0 | 0.4 | 1.2 | 0.5 | -20.6% |
| Others | 11.7 | 30.9 | 37.0 | 29.6 | 36.3% |
| Total | 168 | 65.8 | 54.2 | 42.6 | -36.7% |
Top Suppliers of Wire of Other Alloy Steel to Uganda in 2022:
- China (13.2 tons)
- Italy (0.6 tons)
- Kenya (0.4 tons)
Exports of Wire of Other Alloy Steel in Uganda
In 2022, overseas shipments of wire of other alloy steels were finally on the rise to reach 8.4 tons after two years of decline. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wire of other alloy steel exports skyrocketed to $4.5K in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wire of Other Alloy Steel in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 1,475 | 952 | 235 | 3,314 | 31.0% |
| Rwanda | 714 | 334 | 60.0 | 611 | -5.1% |
| Kenya | 27.0 | 28.0 | 11.0 | 515 | 167.2% |
| Others | 109 | 3.0 | 2.0 | 18.0 | -45.1% |
| Total | 2,325 | 1,317 | 308 | 4,458 | 24.2% |
Top Export Markets for Wire of Other Alloy Steel from Uganda in 2022:
- Kenya (5.0 tons)
- Rwanda (2.4 tons)
- Zambia (0.9 tons)
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