Uganda - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Uganda - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends And Insights

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Outboard Boat Motors Price in Uganda - 2022

Contents:

  1. Outboard Boat Motors Price in Uganda (CIF) - 2022
  2. Outboard Boat Motors Price in Uganda (FOB) - 2022
  3. Outboard Boat Motors Imports in Uganda
  4. Outboard Boat Motors Exports in Uganda

Outboard Boat Motors Price in Uganda (CIF) - 2022

The average outboard boat motors import price stood at $3,294 per unit in 2022, picking up by 68% against the previous year. Over the period under review, the import price saw a notable increase. Over the period under review, average import prices attained the maximum at $4,269 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 Thailand ($15,508 per unit), while the price for Hong Kong SAR ($135 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+35.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Outboard Boat Motors Price in Uganda (FOB) - 2022

The average outboard boat motors export price stood at $1,751 per unit in 2022, jumping by 34% against the previous year. Overall, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 676% against the previous year. The export price peaked in 2022 and is expected to retain 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 ($2,366 per unit), while the average price for exports to Burundi ($121 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 Democratic Republic of the Congo (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.

Outboard Boat Motors Imports in Uganda

In 2022, supplies from abroad of outboard motors for marine propulsion decreased by -81.6% to 183 units for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 79% against the previous year. Over the period under review, imports hit record highs at 994 units in 2021, and then contracted significantly in the following year.

In value terms, outboard boat motors imports fell markedly to $603K in 2022. Over the period under review, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. Over the period under review, imports hit record highs at $2M in 2021, and then dropped dramatically in the following year.

Import of Outboard Boat Motors in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan7631,1081,096410-18.7%
Thailand10414517046.5-23.5%
Belgium74.910713536.9-21.0%
China17622725825.1-47.8%
Germany38.354.468.318.5-21.5%
United Arab Emirates1.912952.512.888.9%
Others31973.117253.2-45.0%
Total1,4781,8431,951603-25.8%

Top Suppliers of Outboard Boat Motors to Uganda in 2022:

  1. Japan (139.0 units)
  2. United Arab Emirates (10.0 units)
  3. China (10.0 units)
  4. Germany (8.0 units)
  5. Belgium (4.0 units)
  6. Thailand (3.0 units)

Outboard Boat Motors Exports in Uganda

After three years of growth, shipments abroad of outboard motors for marine propulsion decreased by -25% to 6 units in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 167%. As a result, the exports attained the peak of 8 units, and then dropped significantly in the following year.

In value terms, outboard boat motors exports totaled $11K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,970% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Export of Outboard Boat Motors in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo0.60.26.09.5151.1%
Rwanda0.20.20.50.965.1%
Burundi0.1N/AN/A0.10.0%
BelgiumN/AN/A0.2N/A0%
South SudanN/AN/A3.8N/A0%
OthersN/AN/AN/AN/A0%
Total0.90.510.510.5126.8%

Top Export Markets for Outboard Boat Motors from Uganda in 2022:

  1. Democratic Republic of the Congo (4.0 units)
  2. Burundi (1.0 units)
  3. Rwanda (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the outboard boat motors market in Uganda. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28111100 - Marine propulsion spark ignition reciprocating or rotary internal combustion piston engines, outboard motors

Country coverage:

  • Uganda

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Uganda
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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