Price for Knitted or Crocheted Pile Fabrics in Uganda - 2022

Contents:

1. Price for Knitted or Crocheted Pile Fabrics in Uganda (CIF) - 2022
2. Price for Knitted or Crocheted Pile Fabrics in Uganda (FOB) - 2022
3. Imports of Knitted or Crocheted Pile Fabrics in Uganda
4. Exports of Knitted or Crocheted Pile Fabrics in Uganda

Price for Knitted or Crocheted Pile Fabrics in Uganda (CIF) - 2022

The average import price for knitted or crocheted pile fabricses stood at $4,547 per ton in 2022, with a decrease of -1.9% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The growth pace was the most rapid in 2016 an increase of 167%. The import price peaked at $5,283 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 the United Arab Emirates ($11,469 per ton), while the price for China amounted to $4,250 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+21.3%).

Price for Knitted or Crocheted Pile Fabrics in Uganda (FOB) - 2022

The average export price for knitted or crocheted pile fabricses stood at $2,793 per ton in 2022, with an increase of 21% against the previous year. Over the period under review, the export price, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2018 an increase of 120% against the previous year. As a result, the export price attained the peak level of $7,457 per ton. From 2019 to 2022, the average export prices remained at a somewhat 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 Rwanda ($4,069 per ton), while the average price for exports to Tanzania ($1,786 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 (+1.6%), while the prices for the other major destinations experienced a decline.

Imports of Knitted or Crocheted Pile Fabrics in Uganda

In 2022, the amount of knitted or crocheted pile fabricses imported into Uganda contracted to 36 tons, with a decrease of -5.7% against the previous year's figure. In general, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year.

In value terms, knitted or crocheted pile fabrics imports dropped to $162K in 2022. Over the period under review, imports saw a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year.

Top Suppliers of Knitted or Crocheted Pile Fabrics to Uganda in 2022:

1. China (34.2 tons)
2. United Arab Emirates (1.2 tons)

Exports of Knitted or Crocheted Pile Fabrics in Uganda

After three years of growth, overseas shipments of knitted or crocheted pile fabricses decreased by -12% to 1.3 tons in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 47%.

In value terms, knitted or crocheted pile fabrics exports expanded rapidly to $3.6K in 2022. Over the period under review, exports continue to indicate a abrupt decline.

Top Export Markets for Knitted or Crocheted Pile Fabrics from Uganda in 2022:

1. Democratic Republic of the Congo (994.0 kg)
2. Tanzania (266.0 kg)

Source: IndexBox Market Intelligence Platform