Uganda: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Uganda

The Ugandan market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids was finally on the rise to reach $X in 2022, after four years of decline. Over the period under review, consumption saw a deep reduction. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Uganda

In 2022, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Uganda surged to X units, growing by 48% compared with the year before. Over the period under review, exports showed a strong increase. The pace of growth was the most pronounced in 2019 with an increase of 144% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X in 2022. In general, exports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2016 when exports increased by 904% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X units), Benin (X units) and Sudan (X units) were the main destinations of exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Uganda, with a combined 67% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of +32.4%), while the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X) remains the key foreign market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exports from Uganda, comprising 56% of total exports. The second position in the ranking was taken by Kenya ($X), with a 22% share of total exports. It was followed by Democratic Republic of the Congo, with an 8% share.

From 2012 to 2022, the average annual growth rate of value to Tanzania amounted to +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (-13.1% per year) and Democratic Republic of the Congo (+19.0% per year).

Export Prices by Country

In 2022, the average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, with a decrease of -26.8% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 1,774%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Benin ($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 Tanzania (+16.1%), while the prices for the other major destinations experienced a decline.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Uganda

In 2022, the amount of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids imported into Uganda dropped modestly to X units, declining by -2.1% on 2021. In general, imports recorded a deep contraction. The pace of growth was the most pronounced in 2017 when imports increased by 73% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids totaled $X in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -37.2% against 2017 indices. The pace of growth was the most pronounced in 2017 with an increase of 42%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

China (X units), India (X units) and Lebanon (X units) were the main suppliers of imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Uganda, with a combined 48% share of total imports. South Korea, Portugal, Italy and Spain lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +36.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Uganda, comprising 33% of total imports. The second position in the ranking was held by India ($X), with a 12% share of total imports. It was followed by Italy, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+7.2% per year) and Italy (+7.5% per year).

Import Prices by Country

The average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, growing by 15% against the previous year. In general, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 158% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform