Price for Zinc; Bars, Rods, Profiles and Wire in Uganda - 2022

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Uganda (CIF) - 2022
  2. Price for Zinc; Bars, Rods, Profiles and Wire in Uganda (FOB) - 2022
  3. Imports of Zinc; Bars, Rods, Profiles and Wire in Uganda
  4. Exports of Zinc; Bars, Rods, Profiles and Wire in Uganda

Price for Zinc; Bars, Rods, Profiles and Wire in Uganda (CIF) - 2022

The average import price for zinc; bars, rods, profiles and wires stood at $2,213 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 19%. As a result, import price attained the peak level of $3,999 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,467 per ton), while the price for Italy ($1,601 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.6%), while the prices for the other major suppliers experienced a decline.

Price for Zinc; Bars, Rods, Profiles and Wire in Uganda (FOB) - 2022

The average export price for zinc; bars, rods, profiles and wires stood at $334 per ton in 2022, dropping by -8% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The growth pace was the most rapid in 2016 a decrease of -0.3%. The export price peaked at $1,058 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -10.4% per year.

Imports of Zinc; Bars, Rods, Profiles and Wire in Uganda

In 2022, approx. 51 tons of zinc; bars, rods, profiles and wires were imported into Uganda; standing approx. at the previous year. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 114% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of zinc; bars, rods, profiles and wires reached $113K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.9% 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 increased by +91.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 90% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Zinc; Bars, Rods, Profiles and Wire in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China65.437.887.385.09.1%
South Africa14.216.019.722.917.3%
Italy3.83.43.43.2-5.6%
Others2.12.12.42.33.1%
Total85.559.31131139.7%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Uganda in 2022:

  1. China (37.4 tons)
  2. South Africa (11.1 tons)
  3. Italy (2.0 tons)

Exports of Zinc; Bars, Rods, Profiles and Wire in Uganda

In 2022, exports of zinc; bars, rods, profiles and wires from Uganda surged to 12 tons, jumping by 20% compared with the year before. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of zinc; bars, rods, profiles and wires expanded remarkably to $4K in 2022. The total export value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Zinc; Bars, Rods, Profiles and Wire in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada3.03.33.64.010.1%
OthersN/AN/AN/AN/A0%
Total3.03.33.64.010.1%

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Uganda in 2022:

  1. Canada (11.9 tons)

Source: IndexBox Market Intelligence Platform

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