Uganda: Metal Chain Market 2025

Metal Chain Market Size in Uganda

The Ugandan metal chain market surged to $X in 2022, increasing by 40% 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, recorded a perceptible setback. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Metal Chain Exports

Exports from Uganda

In 2022, shipments abroad of iron or steel chain increased by 4.4% to X tons for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2015 when exports increased by 1,926%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, metal chain exports surged to $X in 2022. In general, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2015 when exports increased by 1,772% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Sudan (X tons) was the main destination for metal chain exports from Uganda, with a 72% share of total exports. Moreover, metal chain exports to South Sudan exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X kg), fourfold. Burundi (X kg) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume to South Sudan totaled +16.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+17.1% per year) and Burundi (+25.2% per year).

In value terms, South Sudan ($X) remains the key foreign market for iron or steel chain exports from Uganda, comprising 64% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a 25% share of total exports. It was followed by Burundi, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value to South Sudan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+15.4% per year) and Burundi (+19.9% per year).

Export Prices by Country

The average metal chain export price stood at $X per ton in 2022, with an increase of 30% against the previous year. Over the period under review, the export price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 39% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+28.3%), while the prices for the other major destinations experienced a decline.

Metal Chain Imports

Imports into Uganda

In 2022, imports of iron or steel chain into Uganda soared to X tons, with an increase of 43% against 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, metal chain imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a abrupt decline. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), India (X tons) and Singapore (X tons) were the main suppliers of metal chain imports to Uganda, together comprising 95% of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +64.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, India ($X), China ($X) and the United Arab Emirates ($X) appeared to be the largest metal chain suppliers to Uganda, with a combined 82% share of total imports. Singapore lagged somewhat behind, comprising a further 0.5%.

Singapore, with a CAGR of +49.6%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average metal chain import price amounted to $X per ton, declining by -6.1% against the previous year. Over the period under review, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 53%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Singapore ($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 (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform