Uganda: Personal Weighing Machine Market 2024

Personal Weighing Machine Market Size in Uganda

The Ugandan personal weighing machine market dropped to $X in 2022, waning by -12% 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 saw resilient growth. Personal weighing machine consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Personal Weighing Machine Exports

Exports from Uganda

In 2022, approx. X units of personal weighing machines were exported from Uganda; leveling off at the year before. Overall, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,215%. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, personal weighing machine exports dropped modestly to $X in 2022. In general, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,124% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank modestly in the following year.

Exports by Country

South Sudan (X units) was the main destination for personal weighing machine exports from Uganda, with a 73% share of total exports. Moreover, personal weighing machine exports to South Sudan exceeded the volume sent to the second major destination, Rwanda (X units), sevenfold. The third position in this ranking was taken by Democratic Republic of the Congo (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Sudan stood at +81.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (-7.7% per year) and Democratic Republic of the Congo (+49.3% per year).

In value terms, South Sudan ($X) remains the key foreign market for personal weighing machines exports from Uganda, comprising 82% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a 12% share of total exports. It was followed by the United Arab Emirates, with a 3% share.

From 2012 to 2022, the average annual growth rate of value to South Sudan totaled +79.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+65.7% per year) and the United Arab Emirates (+8.2% per year).

Export Prices by Country

The average personal weighing machine export price stood at $X per unit in 2022, leveling off at the previous year. In general, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of 116% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 the United Arab Emirates ($X per unit), while the average price for exports to Rwanda ($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 Democratic Republic of the Congo (+11.0%), while the prices for the other major destinations experienced a decline.

Personal Weighing Machine Imports

Imports into Uganda

In 2022, overseas purchases of personal weighing machines increased by 24% to X units, rising for the second year in a row after two years of decline. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 193%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, personal weighing machine imports contracted notably to $X in 2022. Over the period under review, imports showed a tangible increase. The pace of growth appeared the most rapid in 2021 when imports increased by 161% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of personal weighing machine to Uganda, with a 68% share of total imports. Moreover, personal weighing machine imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), ninefold. India (X units) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+6.7% per year) and India (-5.4% per year).

In value terms, China ($X) constituted the largest supplier of personal weighing machines to Uganda, comprising 38% of total imports. The second position in the ranking was held by Germany ($X), with a 13% share of total imports. It was followed by the United Arab Emirates, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.2% per year) and the United Arab Emirates (+5.1% per year).

Import Prices by Country

In 2022, the average personal weighing machine import price amounted to $X per unit, dropping by -44.3% against the previous year. Over the period under review, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2019 an increase of 73%. The import price peaked at $X per unit in 2021, and then reduced dramatically 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 Germany ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform