Uganda: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Uganda

The Ugandan plastic self-adhesive plate market fell significantly to $X in 2022, which is down by -36.5% 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). Over the period under review, consumption, however, saw buoyant growth. As a result, consumption attained the peak level of $X, and then reduced rapidly in the following year.

Plastic Self-Adhesive Plate Exports

Exports from Uganda

In 2022, shipments abroad of plastic self-adhesive plates, sheets and other flat shapes decreased by -1.9% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, showed a modest increase. The most prominent rate of growth was recorded in 2018 when exports increased by 104%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic self-adhesive plate exports surged to $X in 2022. In general, exports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2018 with an increase of 76% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Burundi (X tons) was the main destination for plastic self-adhesive plate exports from Uganda, with a 88% share of total exports. Moreover, plastic self-adhesive plate exports to Burundi exceeded the volume sent to the second major destination, South Sudan (X tons), more than tenfold. Rwanda (X tons) ranked third in terms of total exports with a 2.7% share.

From 2012 to 2022, the average annual growth rate of volume to Burundi stood at +14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (+81.7% per year) and Rwanda (-22.8% per year).

In value terms, Burundi ($X) remains the key foreign market for plastic self-adhesive plates, sheets and other flat shapes exports from Uganda, comprising 82% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a 4.9% share of total exports. It was followed by South Sudan, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Burundi amounted to +20.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (-14.3% per year) and South Sudan (+33.3% per year).

Export Prices by Country

In 2022, the average plastic self-adhesive plate export price amounted to $X per ton, growing by 22% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 50% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to South Sudan ($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 Mozambique (+91.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports into Uganda

In 2022, imports of plastic self-adhesive plates, sheets and other flat shapes into Uganda declined rapidly to X tons, which is down by -48.1% on the previous year. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 210% against the previous year. As a result, imports reached the peak of X tons, and then declined markedly in the following year.

In value terms, plastic self-adhesive plate imports contracted dramatically to $X in 2022. In general, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 138%. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of plastic self-adhesive plate to Uganda, with a 76% share of total imports. Moreover, plastic self-adhesive plate imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), more than tenfold. The third position in this ranking was held by Kenya (X tons), with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +30.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+121.4% per year) and Kenya (+3.0% per year).

In value terms, China ($X) constituted the largest supplier of plastic self-adhesive plates, sheets and other flat shapes to Uganda, comprising 73% of total imports. The second position in the ranking was taken by Kenya ($X), with a 5.8% share of total imports. It was followed by Saudi Arabia, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +35.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (+4.0% per year) and Saudi Arabia (+79.8% per year).

Import Prices by Country

In 2022, the average plastic self-adhesive plate import price amounted to $X per ton, rising by 37% against the previous year. Over the period under review, the import price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 42% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 Italy ($X per ton), while the price for Saudi Arabia ($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 (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform