Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Uganda - 2022

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Uganda (FOB) - 2022
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Uganda (CIF) - 2022
3. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Uganda
4. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Uganda

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Uganda (FOB) - 2022

The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $467 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 4%. As a result, the export price reached the peak level of $1,141 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($518 per ton), while the average price for exports to Kenya totaled $467 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (-6.5%).

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Uganda (CIF) - 2022

In 2022, the average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $544 per ton, shrinking by -1.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 31%. Over the period under review, average import prices attained the maximum at $711 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 Kenya ($1,009 per ton), while the price for the United Arab Emirates ($197 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Uganda

In 2022, approx. 1.3K tons of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were exported from Uganda; rising by 20% compared with 2021 figures. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 473% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses skyrocketed to $603K in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 401% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Uganda in 2022:

1. Kenya (1290.6 tons)
2. Rwanda (0.2 tons)

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Uganda

For the fourth consecutive year, Uganda recorded growth in supplies from abroad of waste (including noils, yarn waste and garnetted stock), of man-made fibreses, which increased by 1.8% to 4.1 tons in 2022. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 18%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $2.3K in 2022. The total import value increased at an average annual rate of +9.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Uganda in 2022:

1. United Arab Emirates (2.2 tons)
2. Kenya (1.6 tons)
3. China (0.3 tons)

Source: IndexBox Market Intelligence Platform