Uganda: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Uganda

The Ugandan market for wood chips, parts, residues, pellets and other agglomerates totaled $X in 2022, approximately reflecting the previous year. In general, consumption, however, recorded a prominent increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Uganda

In value terms, production of wood chips, parts, residues, pellets and other agglomerates rose remarkably to $X in 2022 estimated in export price. Overall, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports from Uganda

In 2022, overseas shipments of wood chips, parts, residues, pellets and other agglomerates increased by X% to X cubic meters, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of X cubic meters. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates rose remarkably to $X in 2022. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Rwanda (X cubic meters) was the main destination for exports of wood chips, parts, residues, pellets and other agglomerates from Uganda, with a X% share of total exports. It was followed by South Sudan (X cubic meters), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Rwanda totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (X% per year) and Democratic Republic of the Congo (X% per year).

In value terms, Democratic Republic of the Congo ($X), Rwanda ($X) and South Sudan ($X) appeared to be the largest markets for wood chips, parts, residues, pellets and other agglomerates exported from Uganda worldwide.

Among the main countries of destination, Rwanda, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, rising by X% against the previous year. In general, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per cubic meter in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 ($X per cubic meter), while the average price for exports to Rwanda ($X per cubic meter) was amongst the lowest.

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

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports into Uganda

In 2022, overseas purchases of wood chips, parts, residues, pellets and other agglomerates decreased by X% to X cubic meters, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed a notable increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports of hit record highs at X cubic meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates expanded markedly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Kenya (X cubic meters) constituted the largest supplier of wood chips, parts, residues, pellets and other agglomerates to Uganda, with a X% share of total imports. Moreover, imports of wood chips, parts, residues, pellets and other agglomerates from Kenya exceeded the figures recorded by the second-largest supplier, Rwanda (X cubic meters), twofold.

From 2012 to 2022, the average annual growth rate of volume from Kenya stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Rwanda (X% per year) and South Africa (X% per year).

In value terms, the largest wood chips, parts, residues, pellets and other agglomerates suppliers to Uganda were South Africa ($X), Kenya ($X) and Rwanda ($X).

Among the main suppliers, Kenya, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, picking up by X% against the previous year. Overall, the import price, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2022, import prices stood 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 South Africa ($X per cubic meter), while the price for Rwanda ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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