Price for Cork; Natural Cork, Raw or Simply Prepared in Uganda - 2022

Contents:

  1. Price for Cork; Natural Cork, Raw or Simply Prepared in Uganda (CIF) - 2022
  2. Imports of Cork; Natural Cork, Raw or Simply Prepared in Uganda

Price for Cork; Natural Cork, Raw or Simply Prepared in Uganda (CIF) - 2022

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $7,667 per ton, which is down by -38.4% against the previous year. Over the period under review, the import price, however, recorded a slight increase. The pace of growth was the most pronounced in 2021 an increase of 65% against the previous year. The import price peaked at $17,559 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 India ($10,000 per ton), while the price for China ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced a decline.

Imports of Cork; Natural Cork, Raw or Simply Prepared in Uganda

In 2022, approx. 15 kg of cork; natural cork, raw or simply prepareds were imported into Uganda; with an increase of 67% on the previous year. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 83%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of cork; natural cork, raw or simply prepareds rose to $115 in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Cork; Natural Cork, Raw or Simply Prepared in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India36.046.044.060.018.6%
South Africa9.028.064.043.068.4%
China9.09.04.012.010.1%
OthersN/AN/AN/AN/A0%
Total54.083.011211528.7%

Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Uganda in 2022:

  1. India (6.0 kg)
  2. South Africa (5.0 kg)
  3. China (4.0 kg)

Source: IndexBox Market Intelligence Platform

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