Uganda: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Uganda

In 2022, the Ugandan continuous-action elevators and conveyors market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption continues to indicate a resilient increase. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports from Uganda

After two years of decline, overseas shipments of continuous-action elevators and conveyors increased by X% to X units in 2022. In general, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, continuous-action elevators and conveyors exports surged to $X in 2022. Overall, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Senegal (X units) was the main destination for continuous-action elevators and conveyors exports from Uganda, accounting for a X% share of total exports. Moreover, continuous-action elevators and conveyors exports to Senegal exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X units), more than tenfold. Tanzania (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Senegal stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Tanzania (X% per year).

In value terms, Senegal ($X) remains the key foreign market for continuous-action elevators and conveyors exports from Uganda, comprising X% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a X% share of total exports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Senegal amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Tanzania (X% per year).

Export Prices by Country

The average continuous-action elevators and conveyors export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, showed a perceptible slump. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat 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 Democratic Republic of the Congo ($X per unit), while the average price for exports to South Sudan ($X per unit) 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 (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Continuous-Action Elevators And Conveyors

Imports into Uganda

In 2022, overseas purchases of continuous-action elevators and conveyors increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, continuous-action elevators and conveyors imports surged to $X in 2022. In general, imports recorded prominent growth. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X units) constituted the largest supplier of continuous-action elevators and conveyors to Uganda, accounting for a X% share of total imports. Moreover, continuous-action elevators and conveyors imports from India exceeded the figures recorded by the second-largest supplier, Brazil (X units), threefold. The third position in this ranking was held by China (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and China (X% per year).

In value terms, the largest continuous-action elevators and conveyors suppliers to Uganda were India ($X), China ($X) and Brazil ($X), together comprising X% of total imports.

Brazil, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 continuous-action elevators and conveyors import price amounted to $X per unit, rising by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average 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 the UK ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform