Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uganda - 2022

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uganda (FOB) - 2022
  2. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uganda (CIF) - 2022
  3. Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uganda
  4. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uganda

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uganda (FOB) - 2022

In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $3,771 per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, showed a prominent increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 107%. The export price peaked at $3,773 per ton in 2018; afterwards, it flattened through to 2022.

As there is only one major export destination, the average price level is determined by prices for Burundi.

From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to +12.8% per year.

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uganda (CIF) - 2022

In 2022, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $1,732 per ton, surging by 3.8% against the previous year. In general, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in 2019 an increase of 72%. Over the period under review, average import prices attained the peak figure at $9,419 per ton in 2016; however, from 2017 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 ($2,451 per ton), while the price for China ($667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uganda

For the fourth year in a row, Uganda recorded growth in overseas shipments of man-made filament yarn (other than sewing thread), put up for retail sale, which increased by 11% to 1.5 tons in 2022. The total export volume increased at an average annual rate of +14.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale skyrocketed to $6.7K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burundi3.74.55.36.319.4%
Others0.10.20.30.458.7%
Total3.94.65.66.719.8%

Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Uganda in 2022:

  1. Burundi (1519.0 kg)

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uganda

In 2022, purchases abroad of man-made filament yarn (other than sewing thread), put up for retail sale increased by 199% to 403 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a precipitous descent.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale surged to $699 in 2022. In general, imports, however, faced a dramatic decrease.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7.60.50.20.4-62.5%
Taiwan (Chinese)11.40.60.20.3-70.3%
China0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total19.11.00.30.7-66.8%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Uganda in 2022:

  1. Taiwan (Chinese) (231.0 kg)
  2. India (162.0 kg)
  3. China (6.0 kg)

Source: IndexBox Market Intelligence Platform

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