Price for Wool, Not Carded or Combed in Uganda - 2022
Contents:
- Price for Wool, Not Carded or Combed in Uganda (CIF) - 2022
- Imports of Wool, Not Carded or Combed in Uganda
Price for Wool, Not Carded or Combed in Uganda (CIF) - 2022
The average import price for wool, not carded or combed stood at $1,742 per ton in 2022, flattening at the previous year. Overall, the import price, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 101%. As a result, import price attained the peak level of $1,913 per ton. From 2020 to 2022, the average import prices remained 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 Kenya ($6,161 per ton), while the price for the United Arab Emirates ($141 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+36.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Wool, Not Carded or Combed in Uganda
For the fourth year in a row, Uganda recorded growth in overseas purchases of wool, not carded or combed, which increased by 0.6% to 2 tons in 2022. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 5.3%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, wool, not carded or combed imports reduced modestly to $3.5K in 2022. In general, imports, however, saw a relatively flat trend pattern. The smallest decline of -0.3% was in 2020.
Import of Wool, Not Carded or Combed in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 1.9 | 1.9 | 1.9 | 1.8 | -1.8% |
China | 1.6 | 1.6 | 1.6 | 1.6 | 0.0% |
United Arab Emirates | 0.1 | 0.1 | N/A | N/A | 0.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.5 | 3.5 | 3.5 | 3.5 | 0.0% |
Top Suppliers of Wool, Not Carded or Combed to Uganda in 2022:
- China (1466.0 kg)
- Kenya (299.0 kg)
- United Arab Emirates (234.0 kg)
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