Uganda: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Uganda

In 2022, after three years of decline, there was significant growth in the Ugandan market for float glass and surface ground or polished glass, when its value increased by X% to $X. Overall, consumption posted a strong expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Uganda

After three years of decline, shipments abroad of float glass and surface ground or polished glass increased by X% to X square meters in 2022. In general, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X square meters in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground or polished glass soared to $X in 2022. Overall, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Rwanda (X square meters) was the main destination for exports of float glass and surface ground or polished glass from Uganda, accounting for a X% share of total exports. It was followed by Democratic Republic of the Congo (X square meters), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Rwanda stood at X%.

In value terms, Rwanda ($X) remains the key foreign market for float glass and surface ground or polished glass exports from Uganda, comprising X% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Rwanda stood at X%.

Export Prices by Country

In 2022, the average export price for float glass and surface ground or polished glass amounted to $X per square meter, falling by X% against the previous year. Over the period under review, the export price, however, enjoyed a measured expansion. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per square meter), while the average price for exports to Rwanda totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Uganda

In 2022, overseas purchases of float glass and surface ground or polished glass were finally on the rise to reach X square meters after three years of decline. In general, imports posted prominent growth. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at X square meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of float glass and surface ground or polished glass skyrocketed to $X in 2022. Overall, imports showed a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

China (X square meters), Malaysia (X square meters) and Saudi Arabia (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to Uganda, together accounting for X% of total imports. Thailand, Pakistan, Singapore and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest float glass and surface ground or polished glass suppliers to Uganda were China ($X), Saudi Arabia ($X) and Malaysia ($X), together comprising X% of total imports.

Among the main suppliers, Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 import price for float glass and surface ground or polished glass amounted to $X per square meter, increasing by X% against the previous year. In general, the import price saw a strong increase. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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 Saudi Arabia ($X per square meter), while the price for Hong Kong SAR ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform