Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uganda - 2022

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uganda (CIF) - 2022
  2. Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uganda

Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uganda (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel wire, not plated or coateds amounted to $839 per ton, flattening at the previous year. In general, the import price showed a mild expansion. The growth pace was the most rapid in 2014 an increase of 31%. As a result, import price attained the peak level of $1,070 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($1,780 per ton), while the price for China ($813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uganda

In 2022, purchases abroad of iron or non-alloy steel wire, not plated or coateds decreased by 0% to 122 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of 245 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of iron or non-alloy steel wire, not plated or coateds amounted to $103K in 2022. In general, imports showed a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of $205K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China118136N/A89.1-8.9%
India43.139.9N/A10.6-37.3%
Italy2.827.2N/A2.4-5.0%
Others6.82.5N/A0.6-55.5%
Total170205N/A103-15.4%

Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Uganda in 2022:

  1. China (109.5 tons)
  2. India (10.1 tons)
  3. Italy (2.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or non-alloy steel; wire, (not plated or coated), whether or not polished - Uganda