Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uganda - 2022

Contents:

1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uganda (CIF) - 2022
2. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uganda (FOB) - 2022
3. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uganda
4. Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uganda

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uganda (CIF) - 2022

In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $882 per ton, leveling off at the previous year. In general, the import price, however, saw a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 50% against the previous year. Over the period under review, average import prices attained the peak figure at $893 per ton in 2021, and then dropped modestly in the following year.

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 ($3,217 per ton), while the price for South Africa ($98 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uganda (FOB) - 2022

In 2022, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $160 per ton, picking up by 9.8% against the previous year. In general, the export price, however, showed a deep downturn. Over the period under review, the average export prices attained the peak figure at $1,160 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($669 per ton), while the average price for exports to Rwanda ($139 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 South Sudan (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uganda

In 2022, approx. 15 tons of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses were imported into Uganda; which is down by -43% against the previous year. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 619%. As a result, imports reached the peak of 27 tons, and then fell dramatically in the following year.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses declined significantly to $13K in 2022. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 705% against the previous year. As a result, imports reached the peak of $24K, and then shrank sharply in the following year.

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Uganda in 2022:

1. China (13.4 tons)
2. South Africa (1.7 tons)

Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uganda

After three years of growth, overseas shipments of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -2.5% to 38 tons in 2022. The total export volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 5.3% against the previous year. As a result, the exports attained the peak of 39 tons, and then contracted in the following year.

In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses rose markedly to $6K in 2022. In general, exports recorded a abrupt decrease.

Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Uganda in 2022:

1. Rwanda (33.9 tons)
2. Democratic Republic of the Congo (3.7 tons)

Source: IndexBox Market Intelligence Platform