Uganda: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Uganda

The Ugandan chain scoops and sliders market shrank to $X in 2022, declining by -14.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a moderate expansion. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports from Uganda

In 2022, after five years of growth, there was significant decline in shipments abroad of chain scoops, sliders, runners, end pieces and narrow strips, when their volume decreased by -27.3% to X kg. Over the period under review, exports, however, enjoyed a modest increase. The pace of growth was the most pronounced in 2019 with an increase of 100%. Over the period under review, the exports hit record highs at X kg in 2021, and then declined remarkably in the following year.

In value terms, chain scoops and sliders exports declined dramatically to $X in 2022. Overall, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 78% against the previous year. The exports peaked at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Canada (X kg) was the main destination for chain scoops and sliders exports from Uganda, accounting for a approx. 88% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada was relatively modest.

In value terms, Canada ($X) emerged as the key foreign market for chain scoops, sliders, runners, end pieces and narrow strips exports from Uganda, comprising 96% of total exports. The second position in the ranking was held by Rwanda ($X), with a 4.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada was relatively modest.

Export Prices by Country

The average chain scoops and sliders export price stood at $X per ton in 2022, increasing by 14% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chain scoops and sliders export price increased by +55.8% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 71% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Rwanda amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+4.3%).

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports into Uganda

Chain scoops and sliders imports into Uganda amounted to X tons in 2022, flattening at the year before. Over the period under review, imports showed a mild expansion. The pace of growth was the most pronounced in 2013 when imports increased by 455%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, chain scoops and sliders imports fell markedly to $X in 2022. In general, imports showed noticeable growth. The pace of growth appeared the most rapid in 2013 when imports increased by 620%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), India (X kg) and Kenya (X kg) were the main suppliers of chain scoops and sliders imports to Uganda, with a combined 95% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +68.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of chain scoops, sliders, runners, end pieces and narrow strips to Uganda, comprising 85% of total imports. The second position in the ranking was held by India ($X), with an 11% share of total imports. It was followed by Kenya, with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+30.8% per year) and Kenya (+2.7% per year).

Import Prices by Country

In 2022, the average chain scoops and sliders import price amounted to $X per ton, waning by -26.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2013 an increase of 30%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 China ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform