Uganda: Vehicle Radio Market 2025

Vehicle Radio Market Size in Uganda

The Ugandan vehicle radio market reduced remarkably to $X in 2022, declining by -34.8% 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, however, posted a mild increase. As a result, consumption reached the peak level of $X, and then declined dramatically in the following year.

Vehicle Radio Exports

Exports from Uganda

Vehicle radio exports from Uganda shrank markedly to X units in 2022, waning by -23.1% compared with the previous year. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 489%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, vehicle radio exports dropped sharply to $X in 2022. In general, exports saw a mild setback. The most prominent rate of growth was recorded in 2021 when exports increased by 364%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X units), Tanzania (X units) and Rwanda (X units) were the main destinations of vehicle radio exports from Uganda, with a combined 40% share of total exports. South Africa, Burundi, the United Arab Emirates, South Sudan, Sudan and Italy lagged somewhat behind, together comprising a further 60%. Moreover, vehicle radio exports in Democratic Republic of the Congo exceeded the figures recorded by the second-largest exporter, Tanzania, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X) remains the key foreign market for radio receivers for motor vehicles exports from Uganda, comprising 98% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a 0.6% share of total exports. It was followed by Italy, with a 0.6% share.

From 2012 to 2022, the average annual growth rate of value to Sudan totaled +21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (-31.2% per year) and Italy (-25.7% per year).

Export Prices by Country

The average vehicle radio export price stood at $X per unit in 2022, shrinking by -21% against the previous year. Over the period under review, the export price, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2015 an increase of 222%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a 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 Sudan ($X per unit), while the average price for exports to the United Arab Emirates ($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 Sudan (+21.8%), while the prices for the other major destinations experienced a decline.

Vehicle Radio Imports

Imports into Uganda

In 2022, the amount of radio receivers for motor vehicles imported into Uganda declined rapidly to X units, with a decrease of -26.6% against the previous year's figure. In general, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 619%. As a result, imports reached the peak of X units, and then fell notably in the following year.

In value terms, vehicle radio imports reduced remarkably to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 389%. As a result, imports attained the peak of $X, and then declined markedly in the following year.

Imports by Country

Kenya (X units), India (X units) and Indonesia (X units) were the main suppliers of vehicle radio imports to Uganda, with a combined 81% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of +97.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Kenya ($X) and Thailand ($X) appeared to be the largest vehicle radio suppliers to Uganda, together comprising 60% of total imports.

In terms of the main suppliers, Kenya, with a CAGR of +72.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vehicle radio import price amounted to $X per unit, declining by -17.9% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 49%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform