Uganda - Balls, Needles And Rollers For Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTools for Bearing Price in Uganda - 2022
Contents:
- Tools for Bearing Price in Uganda (CIF) - 2022
- Tools for Bearing Price in Uganda (FOB) - 2022
- Tools for Bearing Imports in Uganda
- Tools for Bearing Exports in Uganda
Tools for Bearing Price in Uganda (CIF) - 2022
The average tools for bearing import price stood at $2,404 per ton in 2022, shrinking by -32.5% against the previous year. In general, the import price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2019 an increase of 84% against the previous year. Over the period under review, average import prices attained the peak figure at $3,562 per ton in 2021, and then declined rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,609 per ton), while the price for the United Arab Emirates ($1,150 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Tools for Bearing Price in Uganda (FOB) - 2022
The average tools for bearing export price stood at $1,952 per ton in 2022, waning by -42% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 355%. As a result, the export price reached the peak level of $10,930 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 Tanzania ($3,245 per ton), while the average price for exports to Rwanda ($162 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 (+22.2%), while the prices for the other major destinations experienced mixed trend patterns.
Tools for Bearing Imports in Uganda
In 2022, approx. 74 tons of balls, needles and rollers for ball or roller bearings were imported into Uganda; growing by 53% on the year before. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, tools for bearing imports totaled $177K in 2022. In general, imports, however, showed a relatively flat trend pattern.
Import of Tools for Bearing in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 112 | 108 | 61.4 | 76.6 | -11.9% |
India | 5.7 | 13.7 | 9.0 | 13.7 | 34.0% |
South Korea | 3.2 | 3.7 | 4.5 | 4.4 | 11.2% |
United Arab Emirates | 0.4 | 0.8 | 2.0 | 2.5 | 84.2% |
Others | 59.0 | 56.2 | 94.8 | 80.0 | 10.7% |
Total | 181 | 183 | 172 | 177 | -0.7% |
Top Suppliers of Tools for Bearing to Uganda in 2022:
- China (61.0 tons)
- India (6.3 tons)
- United Arab Emirates (2.2 tons)
- South Korea (1.7 tons)
Tools for Bearing Exports in Uganda
For the fourth year in a row, Uganda recorded growth in shipments abroad of balls, needles and rollers for ball or roller bearings, which increased by 22% to 2.5 tons in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,173%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, tools for bearing exports shrank significantly to $5K in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 816% against the previous year.
Export of Tools for Bearing in Uganda (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 217 | 1,114 | 5,500 | 4,222 | 169.0% |
Kenya | 39.0 | 626 | 998 | 458 | 127.3% |
Rwanda | 23.0 | 221 | 182 | 157 | 89.7% |
Democratic Republic of the Congo | 24.0 | 227 | 327 | 134 | 77.4% |
South Sudan | N/A | 708 | N/A | N/A | 0% |
Others | 13.0 | N/A | 42.0 | N/A | 79.7% |
Total | 316 | 2,896 | 7,049 | 4,971 | 150.6% |
Top Export Markets for Tools for Bearing from Uganda in 2022:
- Tanzania (1301.0 kg)
- Rwanda (969.0 kg)
- Kenya (195.0 kg)
- Democratic Republic of the Congo (82.0 kg)
This report provides an in-depth analysis of the tools for bearing market in Uganda. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28153130 - Balls, needles and rollers for ball or roller bearings
Country coverage:
- Uganda
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uganda
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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