Uganda: Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size in Uganda

The Ugandan cellulose fibrecement sheet market contracted to $X in 2022, with a decrease of -3.9% against the previous year. In general, consumption, however, showed a pronounced decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Cellulose Fibrecement Sheet Production in Uganda

In value terms, cellulose fibrecement sheet production dropped to $X in 2022 estimated in export price. In general, production, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2013 with an increase of 59% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Cellulose Fibrecement Sheet Exports

Exports from Uganda

After two years of growth, shipments abroad of sheets, panels and tiles of cellulose fibrecement decreased by -0.2% to X tons in 2022. Over the period under review, exports, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2017 when exports increased by 670% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, cellulose fibrecement sheet exports shrank modestly to $X in 2022. Overall, exports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2017 with an increase of 646% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Rwanda (X tons) was the main destination for cellulose fibrecement sheet exports from Uganda, with a 97% share of total exports. It was followed by South Sudan (X kg), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Rwanda stood at +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (-1.5% per year) and Sudan (-29.8% per year).

In value terms, Rwanda ($X) remains the key foreign market for sheets, panels and tiles of cellulose fibrecement exports from Uganda, comprising 84% of total exports. The second position in the ranking was taken by South Sudan ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Rwanda totaled +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (+16.0% per year) and Sudan (-28.8% per year).

Export Prices by Country

In 2022, the average cellulose fibrecement sheet export price amounted to $X per ton, with a decrease of -4.7% against the previous year. Overall, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 32% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($X per ton), while the average price for exports to Rwanda ($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 Democratic Republic of the Congo (+94.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cellulose Fibrecement Sheet Imports

Imports into Uganda

In 2022, after three years of decline, there was significant growth in purchases abroad of sheets, panels and tiles of cellulose fibrecement, when their volume increased by 27% to X tons. Overall, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of 99%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cellulose fibrecement sheet imports expanded to $X in 2022. Over the period under review, imports posted a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 97%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tons), Thailand (X tons) and China (X tons) were the main suppliers of cellulose fibrecement sheet imports to Uganda, together comprising 80% of total imports. Tanzania, India, the United Arab Emirates and Kenya lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kenya (with a CAGR of +46.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Thailand ($X) and Kenya ($X) constituted the largest cellulose fibrecement sheet suppliers to Uganda, together accounting for 75% of total imports.

In terms of the main suppliers, Kenya, with a CAGR of +35.4%, saw the highest growth rate of 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 cellulose fibrecement sheet import price amounted to $X per ton, declining by -17.6% against the previous year. Overall, the import price recorded a slight curtailment. The pace of growth was the most pronounced in 2021 an increase of 42% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($X per ton), while the price for India ($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 (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform