Uganda: Test Bench Market 2024

Test Bench Market Size in Uganda

The Ugandan test bench market rose modestly to $X in 2023, surging by X% against the previous year. In general, consumption posted a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Test Bench Production in Uganda

In value terms, test bench production expanded modestly to $X in 2023 estimated in export price. In general, production posted a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Test bench production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Test Bench Exports

Exports from Uganda

In 2023, test bench exports from Uganda skyrocketed to X units, rising by X% compared with the previous year's figure. Overall, exports enjoyed a prominent expansion. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, test bench exports dropped sharply to $X in 2023. In general, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2022 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

Exports by Country

Ukraine (X units), Rwanda (X units) and Democratic Republic of the Congo (X units) were the main destinations of test bench exports from Uganda, together accounting for X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X) emerged as the key foreign market for test benches exports from Uganda, comprising X% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a X% share of total exports. It was followed by Rwanda, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Ukraine was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Rwanda (X% per year).

Export Prices by Country

The average test bench export price stood at $X per unit in 2023, falling by X% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2022 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced a decline.

Test Bench Imports

Imports into Uganda

In 2023, after two years of decline, there was significant growth in supplies from abroad of test benches, when their volume increased by X% to X units. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, test bench imports fell slightly to $X in 2023. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Russia (X units) constituted the largest supplier of test bench to Uganda, accounting for a X% share of total imports. Moreover, test bench imports from Russia exceeded the figures recorded by the second-largest supplier, the UK (X units), sevenfold. Austria (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Austria (X% per year).

In value terms, Russia ($X) constituted the largest supplier of test benches to Uganda, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Austria (X% per year).

Import Prices by Country

In 2023, the average test bench import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2022, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform