Price for Braids; in the Piece in Uganda - 2022

Contents:

  1. Price for Braids; in the Piece in Uganda (CIF) - 2022
  2. Price for Braids; in the Piece in Uganda (FOB) - 2022
  3. Imports of Braids; in the Piece in Uganda
  4. Exports of Braids; in the Piece in Uganda

Price for Braids; in the Piece in Uganda (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $28,455 per ton, rising by 331% against the previous year. Overall, the import price recorded a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Tanzania ($19,667 per ton), while the price for the United Arab Emirates ($718 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Braids; in the Piece in Uganda (FOB) - 2022

In 2022, the average braids; in the piece export price amounted to $7,452 per ton, reducing by -42.4% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 37%. As a result, the export price reached the peak level of $39,000 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($9,000 per ton), while the average price for exports to Rwanda amounted to $6,600 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+17.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Braids; in the Piece in Uganda

For the third consecutive year, Uganda recorded decline in overseas purchases of braids; in the pieces, which decreased by -43.8% to 126 kg in 2022. Overall, imports recorded a sharp downturn.

In value terms, braids; in the piece imports soared to $1.6K in 2022. In general, imports faced a sharp contraction.

Import of Braids; in the Piece in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania2,1451,913559649-32.9%
South Africa1,945N/AN/A598-32.5%
Kenya676509126123-43.3%
India34.013962.060.020.8%
United Arab Emirates52232064.051.0-53.9%
China30862944932.0-53.0%
Others78285.023.052.0-59.5%
Total6,4123,5951,2831,565-37.5%

Top Suppliers of Braids; in the Piece to Uganda in 2022:

  1. United Arab Emirates (71.0 kg)
  2. Tanzania (33.0 kg)
  3. Kenya (12.0 kg)
  4. India (5.0 kg)
  5. China (3.0 kg)
  6. South Africa (1.0 kg)

Exports of Braids; in the Piece in Uganda

For the fourth year in a row, Uganda recorded growth in shipments abroad of braids; in the pieces, which increased by 121% to 31 kg in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, braids; in the piece exports soared to $231 in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Braids; in the Piece in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda140160181132-1.9%
SwedenN/AN/AN/A99.00%
South Africa2.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total14216018123117.6%

Top Export Markets for Braids; in the Piece from Uganda in 2022:

  1. Rwanda (20.0 kg)
  2. Sweden (11.0 kg)

Source: IndexBox Market Intelligence Platform

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