Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Uganda - 2022

Contents:

  1. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Uganda (CIF) - 2022
  2. Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Uganda (FOB) - 2022
  3. Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Uganda
  4. Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Uganda

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Uganda (CIF) - 2022

In 2022, the average import price for rubber; inner tubes, of a kind used on bicycleses amounted to $0.7 per unit, increasing by 8.8% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. Over the period under review, average import prices attained the maximum at $1.2 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($0.9 per unit), while the price for India ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+2.5%), while the prices for the other major suppliers experienced a decline.

Price for Rubber; Inner Tubes, of A Kind Used On Bicycles in Uganda (FOB) - 2022

The average export price for rubber; inner tubes, of a kind used on bicycleses stood at $0.8 per unit in 2022, waning by -39.1% against the previous year. Over the period under review, the export price saw a noticeable slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 91% against the previous year. As a result, the export price reached the peak level of $2 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Burundi ($0.9 per unit) and Rwanda ($0.8 per unit), while the average price for exports to South Sudan ($0.7 per unit) and Democratic Republic of the Congo ($0.8 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Uganda

Imports of rubber; inner tubes, of a kind used on bicycleses into Uganda dropped markedly to 1.6M units in 2022, falling by -30.4% compared with 2021 figures. In general, imports continue to indicate a dramatic shrinkage. The smallest decline of -2.8% was in 2021. Imports peaked at 3.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of rubber; inner tubes, of a kind used on bicycleses shrank markedly to $1.2M in 2022. Overall, imports recorded a significant curtailment. The smallest decline of -8.4% was in 2021. Over the period under review, imports of hit record highs at $2.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Rubber; Inner Tubes, of A Kind Used On Bicycles in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2,2951,4361,3851,045-23.1%
China30019212471.9-37.9%
Sri Lanka24.727.510.027.23.3%
Others5.65.82.99.720.1%
Total2,6261,6621,5231,154-24.0%

Top Suppliers of Rubber; Inner Tubes, of A Kind Used On Bicycles to Uganda in 2022:

  1. India (1441.2K units)
  2. China (79.4K units)
  3. Sri Lanka (31.4K units)

Exports of Rubber; Inner Tubes, of A Kind Used On Bicycles in Uganda

For the third year in a row, Uganda recorded decline in overseas shipments of rubber; inner tubes, of a kind used on bicycleses, which decreased by -71.8% to 30K units in 2022. Over the period under review, exports showed a precipitous decrease. The smallest decline of -14.6% was in 2021. The exports peaked at 186K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of rubber; inner tubes, of a kind used on bicycleses dropped dramatically to $24K in 2022. Overall, exports saw a significant contraction. The smallest decline of -24.8% was in 2020. The exports peaked at $282K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Rubber; Inner Tubes, of A Kind Used On Bicycles in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo18918312719.4-53.2%
MalawiN/AN/A3.03.930.0%
South Sudan0.80.35.10.94.0%
Burundi10.50.20.2N/A-86.2%
Rwanda50.115.43.0N/A-75.5%
Others32.213.43.80.1-85.4%
Total28221214224.4-55.8%

Top Export Markets for Rubber; Inner Tubes, of A Kind Used On Bicycles from Uganda in 2022:

  1. Democratic Republic of the Congo (23.9K units)
  2. Malawi (4.8K units)
  3. South Sudan (1.3K units)

Source: IndexBox Market Intelligence Platform

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