Uganda: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2025

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Uganda

In 2022, the Ugandan spindles and spindle flyer market decreased by -48.3% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption recorded a abrupt descent. Spindles and spindle flyer consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports from Uganda

In 2022, exports of spindles and spindle flyers, spinning ring and ring travellers from Uganda fell markedly to X kg, declining by -16.7% on 2021. Over the period under review, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2014 with an increase of 114%. Over the period under review, the exports hit record highs at X kg in 2021, and then fell markedly in the following year.

In value terms, spindles and spindle flyer exports contracted to $X in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2016 with an increase of 95% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Democratic Republic of the Congo (X kg) was the main destination for spindles and spindle flyer exports from Uganda, accounting for a 72% share of total exports. Moreover, spindles and spindle flyer exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Burundi (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo stood at +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+19.6% per year) and Rwanda (0.0% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for spindles and spindle flyers, spinning ring and ring travellers exports from Uganda, comprising 75% of total exports. The second position in the ranking was taken by Rwanda ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo stood at +23.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+44.5% per year) and Burundi (+42.3% per year).

Export Prices by Country

The average spindles and spindle flyer export price stood at $X per ton in 2022, increasing by 5% against the previous year. Overall, the export price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2015 an increase of 90%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Burundi ($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 Rwanda (+44.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports into Uganda

In 2022, purchases abroad of spindles and spindle flyers, spinning ring and ring travellers decreased by -44.4% to X kg for the first time since 2019, thus ending a two-year rising trend. Overall, imports saw a perceptible contraction. The growth pace was the most rapid in 2016 when imports increased by 372%. Imports peaked at X kg in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, spindles and spindle flyer imports shrank markedly to $X in 2022. In general, imports showed a mild decrease. The most prominent rate of growth was recorded in 2016 with an increase of 499%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X kg) constituted the largest supplier of spindles and spindle flyer to Uganda, with a 71% share of total imports. Moreover, spindles and spindle flyer imports from Germany exceeded the figures recorded by the second-largest supplier, India (X kg), sevenfold. The third position in this ranking was taken by the United Arab Emirates (X kg), with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +46.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-22.6% per year) and the United Arab Emirates (+11.6% per year).

In value terms, Germany ($X) constituted the largest supplier of spindles and spindle flyers, spinning ring and ring travellers to Uganda, comprising 96% of total imports. The second position in the ranking was taken by India ($X), with a 1.8% share of total imports. It was followed by Switzerland, with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +50.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-32.7% per year) and Switzerland (-14.2% per year).

Import Prices by Country

The average spindles and spindle flyer import price stood at $X per ton in 2022, rising by 26% against the previous year. Over the period under review, the import price saw tangible growth. The growth pace was the most rapid in 2018 when the average import price increased by 89% against the previous year. As a result, import price reached the peak level of $X per ton. 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 Germany ($X per ton), while the price for Kenya ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform