Uganda: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Uganda

The Ugandan market for floor, wall or ceiling coverings of plastics surged to $X in 2022, with an increase of 38% 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). In general, consumption, however, saw a abrupt decline. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Uganda

Exports of floor, wall or ceiling coverings of plastics from Uganda contracted modestly to X square meters in 2022, falling by -2.1% compared with 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 499%. Over the period under review, the exports of attained the peak figure at X square meters in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of floor, wall or ceiling coverings of plastics contracted slightly to $X in 2022. In general, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of 841% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

South Sudan (X square meters) was the main destination for exports of floor, wall or ceiling coverings of plastics from Uganda, accounting for a 68% share of total exports. Moreover, exports of floor, wall or ceiling coverings of plastics to South Sudan exceeded the volume sent to the second major destination, Sudan (X square meters), fourfold. The third position in this ranking was held by Burundi (X square meters), with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Sudan amounted to +47.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (-13.3% per year) and Burundi (+8.4% per year).

In value terms, South Sudan ($X) remains the key foreign market for floor, wall or ceiling coverings of plastics exports from Uganda, comprising 86% of total exports. The second position in the ranking was taken by Burundi ($X), with a 3.8% share of total exports. It was followed by Ireland, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Sudan stood at +69.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+20.5% per year) and Ireland (0.0% per year).

Export Prices by Country

The average export price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2022, waning by -1.7% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 384%. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per square meter), while the average price for exports to Sudan ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+14.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Uganda

In 2022, approx. X square meters of floor, wall or ceiling coverings of plastics were imported into Uganda; with an increase of 47% compared with the previous year's figure. Over the period under review, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of 73% against the previous year. Over the period under review, imports of reached the maximum at X square meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of floor, wall or ceiling coverings of plastics surged to $X in 2022. In general, imports, however, continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2017 when imports increased by 90% against the previous year. Over the period under review, imports of attained the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

China (X square meters), Hong Kong SAR (X square meters) and the United Arab Emirates (X square meters) were the main suppliers of imports of floor, wall or ceiling coverings of plastics to Uganda, with a combined 64% share of total imports. Thailand, India, Kenya and South Korea lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +19.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of floor, wall or ceiling coverings of plastics to Uganda, comprising 36% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 17% share of total imports. It was followed by Thailand, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-0.4% per year) and Thailand (-13.0% per year).

Import Prices by Country

In 2022, the average import price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, with a decrease of -13.7% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for floor, wall or ceiling coverings of plastics increased by +39.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 63%. Over the period under review, average import prices attained the maximum at $X per square meter in 2021, and then shrank in the following year.

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 South Korea ($X per square meter), while the price for the United Arab Emirates ($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 China (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform