Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uganda - 2022

Contents:

  1. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uganda (CIF) - 2022
  2. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uganda (FOB) - 2022
  3. Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uganda
  4. Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uganda

Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uganda (CIF) - 2022

In 2022, the average import price for clasps and frames with clasps amounted to $1,694 per ton, with an increase of 52% against the previous year. In general, the import price, however, showed a slight slump. The most prominent rate of growth was recorded in 2017 an increase of 74%. As a result, import price reached the peak level of $2,431 per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 China ($3,709 per ton), while the price for the United Arab Emirates ($813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uganda (FOB) - 2022

The average export price for clasps and frames with clasps stood at $9,277 per ton in 2022, increasing by 17% against the previous year. Over the period under review, the export price posted prominent growth. The growth pace was the most rapid in 2014 an increase of 154% against the previous year. The export price peaked at $31,047 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 Democratic Republic of the Congo ($73,571 per ton), while the average price for exports to Burundi ($5,402 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 Burundi (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uganda

In 2022, approx. 8.1 tons of clasps and frames with clasps were imported into Uganda; waning by -88.3% compared with 2021 figures. In general, imports recorded a dramatic descent. The smallest decline of -11.1% was in 2020.

In value terms, imports of clasps and frames with clasps dropped rapidly to $14K in 2022. Over the period under review, imports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 3.6%. As a result, imports attained the peak of $117K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates25.013.45.54.3-44.4%
China59.069.157.73.8-59.9%
India5.110.25.22.0-26.8%
United Kingdom4.84.00.20.9-42.8%
Japan0.40.50.60.2-20.6%
Others18.119.47.92.6-47.6%
Total11311776.913.7-50.5%

Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Uganda in 2022:

  1. United Arab Emirates (5.2 tons)
  2. India (1.2 tons)
  3. China (1.0 tons)
  4. United Kingdom (0.3 tons)
  5. Japan (0.2 tons)

Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uganda

Exports of clasps and frames with clasps from Uganda surged to 130 kg in 2022, with an increase of 106% compared with the previous year's figure. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 107% against the previous year. As a result, the exports reached the peak of 151 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of clasps and frames with clasps soared to $1.2K in 2022. Overall, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 142% against the previous year. As a result, the exports attained the peak of $2.2K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burundi21740926365944.8%
Democratic Republic of the Congo33939510751515.0%
TanzaniaN/A1,364N/AN/A0%
Others35737.013132.0-55.2%
Total9132,2055011,2069.7%

Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Uganda in 2022:

  1. Burundi (122.0 kg)
  2. Democratic Republic of the Congo (7.0 kg)

Source: IndexBox Market Intelligence Platform

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