Price for Cycles; Parts Thereof, Saddles in Uganda - 2022

Contents:

1. Price for Cycles; Parts Thereof, Saddles in Uganda (CIF) - 2022
2. Price for Cycles; Parts Thereof, Saddles in Uganda (FOB) - 2022
3. Imports of Cycles; Parts Thereof, Saddles in Uganda
4. Exports of Cycles; Parts Thereof, Saddles in Uganda

Price for Cycles; Parts Thereof, Saddles in Uganda (CIF) - 2022

The average cycles; parts thereof, saddles import price stood at $2.8 per unit in 2022, dropping by -6.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 72%. Over the period under review, average import prices attained the maximum at $3.4 per unit 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 India ($4 per unit), while the price for China ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Cycles; Parts Thereof, Saddles in Uganda (FOB) - 2022

The average cycles; parts thereof, saddles export price stood at $27 per unit in 2022, surging by 29% against the previous year. In general, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 85%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($46 per unit), while the average price for exports to Rwanda ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+35.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cycles; Parts Thereof, Saddles in Uganda

After three years of growth, supplies from abroad of cycles; parts thereof, saddleses decreased by -36.1% to 98K units in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. Over the period under review, imports hit record highs at 153K units in 2021, and then contracted rapidly in the following year.

In value terms, cycles; parts thereof, saddles imports contracted dramatically to $274K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year. Over the period under review, imports hit record highs at $457K in 2021, and then shrank markedly in the following year.

Top Suppliers of Cycles; Parts Thereof, Saddles to Uganda in 2022:

1. China (48.7K units)
2. India (45.9K units)
3. Taiwan (Chinese) (2.3K units)

Exports of Cycles; Parts Thereof, Saddles in Uganda

For the third consecutive year, Uganda recorded decline in shipments abroad of cycles; parts thereof, saddleses, which decreased by -20% to 24 units in 2022. In general, exports showed a significant decrease. The exports peaked at 994 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, cycles; parts thereof, saddles exports expanded modestly to $648 in 2022. Overall, exports showed a sharp downturn. Over the period under review, the exports reached the peak figure at $6.6K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Cycles; Parts Thereof, Saddles from Uganda in 2022:

1. Burundi (15.0 units)
2. Rwanda (8.0 units)
3. Democratic Republic of the Congo (1.0 units)

Source: IndexBox Market Intelligence Platform