Price for Wood; Shingles and Shakes in Uganda - 2022

Contents:

  1. Price for Wood; Shingles and Shakes in Uganda (CIF) - 2022
  2. Imports of Wood; Shingles and Shakes in Uganda

Price for Wood; Shingles and Shakes in Uganda (CIF) - 2022

The average wood; shingles and shakes import price stood at $1,029 per ton in 2022, increasing by 3.8% against the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 18%. The import price peaked at $2,851 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 ($1,140 per ton), while the price for Kenya totaled $101 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.8%).

Imports of Wood; Shingles and Shakes in Uganda

After three years of growth, purchases abroad of wood; shingles and shakeses decreased by -6.9% to 11 tons in 2022. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 11 tons, and then declined in the following year.

In value terms, wood; shingles and shakes imports shrank modestly to $11K in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 7.2%.

Import of Wood; Shingles and Shakes in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.510.311.110.84.4%
Kenya0.30.30.20.1-30.7%
OthersN/AN/AN/AN/A0%
Total9.910.611.311.03.6%

Top Suppliers of Wood; Shingles and Shakes to Uganda in 2022:

  1. China (9.5 tons)
  2. Kenya (1.1 tons)

Source: IndexBox Market Intelligence Platform

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