Uganda: Wire And Cable Market 2024

Wire And Cable Market Size in Uganda

The Ugandan wire and cable market skyrocketed to $X in 2022, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a prominent increase. Wire and cable consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Wire And Cable Exports

Exports from Uganda

In 2022, overseas shipments of insulated wire and cable decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, wire and cable exports contracted sharply to $X in 2022. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then shrank notably in the following year.

Exports by Country

South Sudan (X tons) was the main destination for wire and cable exports from Uganda, accounting for a X% share of total exports. Moreover, wire and cable exports to South Sudan exceeded the volume sent to the second major destination, Tanzania (X tons), twofold. The third position in this ranking was held by Democratic Republic of the Congo (X tons), with a X% share.

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

In value terms, the largest markets for wire and cable exported from Uganda were South Sudan ($X), Tanzania ($X) and Democratic Republic of the Congo ($X), together accounting for X% of total exports.

In terms of the main countries of destination, South Sudan, with a CAGR of X%, saw the highest growth rate of 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 wire and cable export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price, however, recorded a slight increase. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Burundi ($X 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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wire And Cable Imports

Imports into Uganda

In 2022, imports of insulated wire and cable into Uganda was estimated at X tons, stabilizing at the year before. In general, total imports indicated pronounced growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wire and cable imports surged to $X in 2022. Overall, imports posted a strong increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest wire and cable supplier to Uganda, with a X% share of total imports. Moreover, wire and cable imports from China exceeded the figures recorded by the second-largest supplier, Tanzania (X tons), sixfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) constituted the largest supplier of insulated wire and cable to Uganda, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average wire and cable import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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