Uganda's Copper Tubes, Pipes and Fitting Market Report 2024 - Prices, Size, Forecast, and Companies
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After two years of growth, the Ugandan copper pipe and fitting market decreased by X% to $X in 2023. Over the period under review, consumption showed a remarkable increase. Copper pipe and fitting consumption peaked at $X in 2022, and then fell in the following year.
In 2023, shipments abroad of copper tubes, pipes and fitting was finally on the rise to reach X kg for the first time since 2019, thus ending a three-year declining trend. In general, exports saw a modest increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2023, the growth of the exports remained at a lower figure.
In value terms, copper pipe and fitting exports soared to $X in 2023. Over the period under review, exports, however, continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.
Rwanda (X kg) was the main destination for copper pipe and fitting exports from Uganda, with a X% share of total exports. It was followed by South Sudan (X kg), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of volume to Rwanda stood at X%.
In value terms, Rwanda ($X) remains the key foreign market for copper tubes, pipes and fitting exports from Uganda, comprising X% of total exports. The second position in the ranking was held by South Sudan ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to Rwanda stood at X%.
The average copper pipe and fitting export price stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was South Sudan ($X per ton), while the average price for exports to Rwanda stood at $X per ton.
From 2012 to 2023, 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 a decline.
Copper pipe and fitting imports into Uganda totaled X tons in 2023, growing by X% against 2022 figures. Overall, imports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.
In value terms, copper pipe and fitting imports plummeted to $X in 2023. Over the period under review, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then shrank dramatically in the following year.
In 2023, the United Arab Emirates (X tons) constituted the largest copper pipe and fitting supplier to Uganda, with a X% share of total imports. Moreover, copper pipe and fitting imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was held by the United States (X tons), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).
In value terms, the largest copper pipe and fitting suppliers to Uganda were the United Arab Emirates ($X), the United States ($X) and China ($X), together comprising X% of total imports. Turkey, Italy, India, South Korea, South Africa, Belgium, the UK and Hong Kong SAR lagged somewhat behind, together comprising a further X%.
Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
The average copper pipe and fitting import price stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period under review, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2022, and then dropped rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for copper pipe and fitting 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.
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:
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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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