Uganda: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Uganda

The Ugandan articles of fiber cement market declined slightly to $X in 2022, shrinking by -2% against the previous year. In general, consumption saw a mild decrease. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Uganda

In value terms, articles of fiber cement production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a mild curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 42% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Uganda

For the seventh year in a row, Uganda recorded growth in shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like, which increased by 19% to X tons in 2022. Overall, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 70% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, articles of fiber cement exports expanded rapidly to $X in 2022. In general, exports posted a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 60% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Rwanda (X tons) was the main destination for articles of fiber cement exports from Uganda, accounting for a 94% share of total exports. Moreover, articles of fiber cement exports to Rwanda exceeded the volume sent to the second major destination, Sudan (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Rwanda stood at +99.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (-12.1% per year) and South Sudan (+49.4% per year).

In value terms, Rwanda ($X) remains the key foreign market for articles of asbestos-cement, cellulose fiber-cement or the like exports from Uganda, comprising 85% of total exports. The second position in the ranking was held by South Sudan ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Rwanda stood at +51.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (+61.8% per year) and Sudan (-22.6% per year).

Export Prices by Country

The average articles of fiber cement export price stood at $X per ton in 2022, declining by -3.5% against the previous year. Over the period under review, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2017 an increase of 59%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($X per ton), while the average price for exports to Sudan ($X 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 Democratic Republic of the Congo (+21.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Uganda

In 2022, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were imported into Uganda; with a decrease of -58.9% compared with 2021 figures. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2016 with an increase of 87% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, articles of fiber cement imports shrank significantly to $X in 2022. In general, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 99%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Thailand (X tons), Saudi Arabia (X tons) and India (X tons) were the main suppliers of articles of fiber cement imports to Uganda, with a combined 64% share of total imports. China, the United Arab Emirates, Kenya, South Africa and Tanzania lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of +61.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest articles of fiber cement suppliers to Uganda were Thailand ($X), Saudi Arabia ($X) and Kenya ($X), with a combined 64% share of total imports. The United Arab Emirates, China, India, South Africa and Tanzania lagged somewhat behind, together comprising a further 34%.

Tanzania, with a CAGR of +45.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, falling by -20.9% against the previous year. Over the period under review, the import price recorded a abrupt decline. The growth pace was the most rapid in 2018 an increase of 18% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform