Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Uganda - 2022
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Uganda (CIF) - 2022
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Uganda (FOB) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Uganda
- Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Uganda
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Uganda (CIF) - 2022
In 2022, the average import price for stainless steel; flat-rolled products of width less than 600mms amounted to $2,923 per ton, increasing by 96% against the previous year. Overall, the import price continues to indicate a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,197 per ton), while the price for South Africa ($977 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced a decline.
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Uganda (FOB) - 2022
In 2022, the average export price for stainless steel; flat-rolled products of width less than 600mms amounted to $842 per ton, which is down by -3.9% against the previous year. In general, the export price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2013 an increase of 92% against the previous year. As a result, the export price attained the peak level of $1,873 per ton. From 2014 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 Burundi ($2,686 per ton), while the average price for exports to Democratic Republic of the Congo ($640 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 Burundi (+23.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Uganda
In 2022, supplies from abroad of stainless steel; flat-rolled products of width less than 600mms decreased by -8% to 44 tons, falling for the second year in a row after two years of growth. In general, imports faced a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 79% against the previous year. As a result, imports attained the peak of 296 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms skyrocketed to $128K in 2022. Over the period under review, imports saw a mild shrinkage. The growth pace was the most rapid in 2020 when imports increased by 139% against the previous year. As a result, imports attained the peak of $315K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 32.9 | 40.6 | 1.7 | 99.6 | 44.7% |
| China | 74.6 | 173 | 31.5 | 9.2 | -50.2% |
| South Africa | 7.9 | 42.3 | 9.6 | 7.5 | -1.7% |
| Kenya | 2.7 | 3.2 | 1.9 | 2.1 | -8.0% |
| Hong Kong SAR | 2.9 | 7.4 | 1.7 | 1.6 | -18.0% |
| Others | 10.6 | 48.5 | 24.5 | 7.7 | -10.1% |
| Total | 132 | 315 | 71.0 | 128 | -1.0% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Uganda in 2022:
- India (23.7 tons)
- China (8.6 tons)
- South Africa (7.6 tons)
- Kenya (1.5 tons)
- Hong Kong SAR (0.7 tons)
Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Uganda
In 2022, the amount of stainless steel; flat-rolled products of width less than 600mms exported from Uganda surged to 1.2 tons, growing by 85% compared with the year before. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 632% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of stainless steel; flat-rolled products of width less than 600mms surged to $971 in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 362%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 157 | 77.0 | 329 | 459 | 43.0% |
| Democratic Republic of the Congo | 56.0 | 34.0 | 177 | 418 | 95.4% |
| Burundi | 10.0 | 7.0 | 37.0 | 94.0 | 111.0% |
| Others | N/A | N/A | 2.0 | N/A | 0% |
| Total | 223 | 118 | 545 | 971 | 63.3% |
Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Uganda in 2022:
- Democratic Republic of the Congo (653.0 kg)
- Rwanda (465.0 kg)
- Burundi (35.0 kg)
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