Waxes; Artificial, Prepared Price in Uganda - 2022
Contents:
- Waxes; Artificial, Prepared Price in Uganda (CIF) - 2022
- Waxes; Artificial, Prepared Price in Uganda (FOB) - 2022
- Waxes; Artificial, Prepared Imports in Uganda
- Waxes; Artificial, Prepared Exports in Uganda
Waxes; Artificial, Prepared Price in Uganda (CIF) - 2022
The average waxes; artificial, prepared import price stood at $2,861 per ton in 2022, surging by 12% against the previous year. In general, the import price, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2020 an increase of 37% against the previous year. Over the period under review, average import prices attained the maximum at $4,277 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Singapore ($33,756 per ton), while the price for Egypt ($286 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Waxes; Artificial, Prepared Price in Uganda (FOB) - 2022
The average waxes; artificial, prepared export price stood at $1,805 per ton in 2022, approximately reflecting the previous year. Overall, the export price continues to indicate prominent growth. The growth pace was the most rapid in 2016 when the average export price increased by 293%. As a result, the export price attained the peak level of $4,877 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($7,925 per ton), while the average price for exports to Democratic Republic of the Congo ($850 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 Rwanda (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Waxes; Artificial, Prepared Imports in Uganda
In 2022, approx. 252 tons of waxes; artificial, prepared were imported into Uganda; increasing by 107% compared with 2021. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 546%. As a result, imports attained the peak of 391 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, waxes; artificial, prepared imports soared to $722K in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 787% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Waxes; Artificial, Prepared in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 40.1 | 393 | 124 | 462 | 125.9% |
| Spain | 4.0 | 39.6 | 12.4 | 46.6 | 126.7% |
| Malaysia | 4.8 | 78.0 | 12.4 | 45.8 | 112.1% |
| United Arab Emirates | 4.5 | 41.5 | 13.7 | 43.3 | 112.7% |
| China | 44.4 | 346 | 85.9 | 38.8 | -4.4% |
| Hong Kong SAR | 4.0 | 31.7 | 7.9 | 23.6 | 80.7% |
| India | 13.3 | 139 | 34.5 | 22.3 | 18.8% |
| Others | 12.5 | 62.9 | 21.5 | 39.5 | 46.7% |
| Total | 128 | 1,132 | 312 | 722 | 78.0% |
Top Suppliers of Waxes; Artificial, Prepared to Uganda in 2022:
- Malaysia (83.7 tons)
- United Arab Emirates (48.1 tons)
- China (36.4 tons)
- Hong Kong SAR (22.1 tons)
- Spain (19.1 tons)
- Singapore (13.7 tons)
- India (8.6 tons)
Waxes; Artificial, Prepared Exports in Uganda
In 2022, exports of waxes; artificial, prepared from Uganda surged to 16 tons, growing by 45% on the year before. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 745% against the previous year. As a result, the exports reached the peak of 18 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, waxes; artificial, prepared exports soared to $28K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 473% against the previous year. As a result, the exports attained the peak of $37K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Waxes; Artificial, Prepared in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 13.4 | 0% |
| Burundi | 0.5 | 3.0 | 5.1 | 10.2 | 173.2% |
| Rwanda | 5.0 | 31.9 | 12.4 | 2.7 | -18.6% |
| Democratic Republic of the Congo | 1.1 | 2.4 | 1.9 | 2.1 | 24.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.5 | 37.4 | 19.3 | 28.3 | 63.3% |
Top Export Markets for Waxes; Artificial, Prepared from Uganda in 2022:
- Burundi (10.1 tons)
- Democratic Republic of the Congo (2.5 tons)
- Tanzania (1.7 tons)
- Rwanda (1.4 tons)
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