Uganda: Market for Other Synthetic Organic Colouring Matters 2024

Market Size for Other Synthetic Organic Colouring Matters in Uganda

The Ugandan synthetic organic colouring matters market contracted rapidly to $X in 2022, reducing by -33% 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, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Exports of Other Synthetic Organic Colouring Matters

Exports from Uganda

In 2022, the amount of other synthetic organic colouring matters exported from Uganda totaled X tons, picking up by 5.2% compared with 2021 figures. In general, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of 190% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, synthetic organic colouring matters exports rose remarkably to $X in 2022. Overall, exports saw a measured increase. The most prominent rate of growth was recorded in 2019 with an increase of 217% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kenya (X tons) was the main destination for synthetic organic colouring matters exports from Uganda, with a 83% share of total exports. Moreover, synthetic organic colouring matters exports to Kenya exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X kg), tenfold. Burundi (X kg) ranked third in terms of total exports with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume to Kenya stood at +40.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (-0.8% per year) and Burundi (-0.1% per year).

In value terms, Kenya ($X) remains the key foreign market for other synthetic organic colouring matters exports from Uganda, comprising 73% of total exports. The second position in the ranking was taken by Burundi ($X), with a 10% share of total exports. It was followed by Democratic Republic of the Congo, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kenya amounted to +29.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (-1.7% per year) and Democratic Republic of the Congo (-11.5% per year).

Export Prices by Country

The average synthetic organic colouring matters export price stood at $X per ton in 2022, growing by 4.6% against the previous year. Over the period under review, the export price, however, showed a noticeable reduction. The growth pace was the most rapid in 2015 when the average export price increased by 26% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($X per ton), while the average price for exports to Kenya ($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 South Sudan (+39.3%), while the prices for the other major destinations experienced a decline.

Imports of Other Synthetic Organic Colouring Matters

Imports into Uganda

In 2022, supplies from abroad of other synthetic organic colouring matters decreased by -50.3% to X tons, falling for the second consecutive year after four years of growth. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2018 with an increase of 55% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, synthetic organic colouring matters imports shrank remarkably to $X in 2022. In general, imports, however, recorded notable growth. The most prominent rate of growth was recorded in 2013 when imports increased by 101% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

India (X tons), Kenya (X tons) and China (X tons) were the main suppliers of synthetic organic colouring matters imports to Uganda, with a combined 48% share of total imports. Switzerland, South Africa, Taiwan (Chinese), Egypt and the United Arab Emirates lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +28.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Switzerland ($X) constituted the largest supplier of other synthetic organic colouring matters to Uganda, comprising 35% of total imports. The second position in the ranking was taken by India ($X), with a 12% share of total imports. It was followed by Taiwan (Chinese), with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland amounted to +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-7.7% per year) and Taiwan (Chinese) (+6.2% per year).

Import Prices by Country

The average synthetic organic colouring matters import price stood at $X per ton in 2022, jumping by 58% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +10.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, synthetic organic colouring matters import price increased by +84.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 67%. The import price peaked in 2022 and is likely to see steady 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 Switzerland ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform