Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uganda - 2022

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uganda (CIF) - 2022
  2. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uganda

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uganda (CIF) - 2022

The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,079 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 25%. Over the period under review, average import prices hit record highs at $1,162 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($1,477 per ton) and China ($1,073 per ton), while the price for Egypt ($993 per ton) and Kenya ($1,063 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uganda

For the third year in a row, Uganda recorded decline in overseas purchases of iron or non-alloy steel wire, plated or coated with zincs, which decreased by 0% to 561 tons in 2022. Overall, imports faced a significant decline. The smallest decline of -19.9% was in 2020.

In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs stood at $605K in 2022. In general, imports saw a sharp descent. The smallest decline of -19.5% was in 2020.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt778384N/A202-36.2%
Kenya73.1144N/A20240.3%
China426257N/A121-34.3%
India176221N/A80.0-23.1%
South AfricaN/A137N/AN/A0%
Turkey25.268.0N/AN/A169.8%
Others25.50.1N/AN/A-99.6%
Total1,5051,211N/A605-26.2%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Uganda in 2022:

  1. Egypt (204.0 tons)
  2. Kenya (190.0 tons)
  3. China (112.9 tons)
  4. India (54.1 tons)

Source: IndexBox Market Intelligence Platform

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