Price for Railway or Tramway Track Constructions of Iron or Steel in Uganda - 2022

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Uganda (CIF) - 2022
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Uganda (FOB) - 2022
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Uganda
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Uganda

Price for Railway or Tramway Track Constructions of Iron or Steel in Uganda (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $2,153 per ton in 2022, rising by 45% against the previous year. Overall, the import price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2021 an increase of 82% against the previous year. The import price peaked at $2,780 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 UK ($7,923 per ton), while the price for Kenya ($892 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Uganda (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $775 per ton in 2022, with a decrease of -22.8% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 40%. The export price peaked at $2,511 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($18,439 per ton), while the average price for exports to Burundi ($24 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 (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Uganda

After two years of decline, supplies from abroad of railway or tramway track constructions of iron or steel increased by 1,108% to 436 tons in 2022. In general, imports, however, saw a drastic downturn.

In value terms, imports of railway or tramway track constructions of iron or steel soared to $939K in 2022. Over the period under review, imports recorded a modest expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Railway or Tramway Track Constructions of Iron or Steel in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain26.2N/AN/A553176.4%
China23640.53.833712.6%
India76.418.412.311.7-46.5%
Belgium1058.57.510.0-54.3%
United Kingdom19312.38.26.6-67.5%
United States1025.63.32.0-73.0%
Kenya67.73.72.21.6-71.3%
South Africa50.04.03.50.6-77.1%
Others53.73.012.916.4-32.7%
Total91196.053.89391.0%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Uganda in 2022:

  1. Spain (235.5 tons)
  2. China (176.7 tons)
  3. India (11.4 tons)
  4. Belgium (2.0 tons)
  5. Kenya (1.8 tons)
  6. United Kingdom (0.8 tons)
  7. United States (0.7 tons)
  8. South Africa (0.1 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Uganda

In 2022, shipments abroad of railway or tramway track constructions of iron or steel decreased by -23.4% to 18 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 534% against the previous year. As a result, the exports attained the peak of 40 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of railway or tramway track constructions of iron or steel contracted notably to $14K in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 662%. As a result, the exports reached the peak of $40K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Railway or Tramway Track Constructions of Iron or Steel in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda1.923.513.67.960.8%
Democratic Republic of the Congo3.113.98.45.118.1%
Kenya0.22.21.20.751.8%
BurundiN/A0.50.40.3-22.5%
OthersN/AN/AN/AN/A0%
Total5.240.023.613.938.8%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Uganda in 2022:

  1. Burundi (12.2 tons)
  2. Kenya (2.9 tons)
  3. Democratic Republic of the Congo (2.4 tons)
  4. Rwanda (0.4 tons)

Source: IndexBox Market Intelligence Platform

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