Uganda: Market for Industrial Sewing Machines (Non-Automatic) 2024

Market Size for Industrial Sewing Machines (Non-Automatic) in Uganda

The Ugandan industrial sewing machines (non-automatic) market skyrocketed to $X in 2022, increasing by 18% 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 enjoyed a resilient increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Exports of Industrial Sewing Machines (Non-Automatic)

Exports from Uganda

Industrial sewing machines (non-automatic) exports from Uganda soared to X units in 2022, with an increase of 33% compared with the year before. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 83% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial sewing machines (non-automatic) exports skyrocketed to $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 3,482%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for industrial sewing machines (non-automatic) exports from Uganda, with a 50% share of total exports. Moreover, industrial sewing machines (non-automatic) exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Malawi (X units), fourfold. The third position in this ranking was taken by Rwanda (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo totaled +14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malawi (0.0% per year) and Rwanda (0.0% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for industrial sewing machines (non-automatic) exports from Uganda, comprising 93% of total exports. The second position in the ranking was taken by Rwanda ($X), with a 3.8% share of total exports. It was followed by Malawi, with a 2% share.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo totaled +39.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+14.7% per year) and Malawi (+8.5% per year).

Export Prices by Country

The average industrial sewing machines (non-automatic) export price stood at $X per unit in 2022, picking up by 9.6% against the previous year. In general, the export price showed a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 1,854% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to the UK ($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 South Sudan (+19,000.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Sewing Machines (Non-Automatic)

Imports into Uganda

In 2022, purchases abroad of industrial sewing machines (non-automatic) increased by 13% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 290%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, industrial sewing machines (non-automatic) imports soared to $X in 2022. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 259% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X units) constituted the largest industrial sewing machines (non-automatic) supplier to Uganda, with a 25% share of total imports. Moreover, industrial sewing machines (non-automatic) imports from India exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The United Arab Emirates (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at +31.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+77.6% per year) and the United Arab Emirates (+24.6% per year).

In value terms, China ($X), India ($X) and the United Arab Emirates ($X) were the largest industrial sewing machines (non-automatic) suppliers to Uganda, together comprising 33% of total imports. Taiwan (Chinese), Japan, the UK, Germany, Ireland and the Netherlands lagged somewhat behind, together comprising a further 16%.

Germany, with a CAGR of +55.8%, saw the highest growth rate of 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

The average industrial sewing machines (non-automatic) import price stood at $X per unit in 2022, picking up by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 109%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform