Price for Hot-Rolled Wire Rod in Coils in Uganda - 2022 - Charts and Tables - IndexBox.
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Price for Hot-Rolled Wire Rod in Coils in Uganda - 2022 - Charts and Tables - IndexBox.

Nov 06, 2024

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The average import price for hot-rolled wire rods in coils stood at $614 per ton in 2023, with a decrease of -29.5% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 an increase of 53% against the previous year. As a result, import price attained the peak level of $870 per ton, and then reduced notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was India ($718 per ton), while the price for China ($478 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by India (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

In 2023, the average export price for hot-rolled wire rods in coils amounted to $724 per ton, rising by 25% against the previous year. In general, the export price, however, recorded a mild setback. Over the period under review, the average export prices reached the peak figure at $833 per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2013 to 2023, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +9.9% per year.

In 2023, purchases abroad of hot-rolled wire rods in coils increased by 248% to 9.3K tons for the first time since 2020, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a dramatic decline.

In value terms, hot-rolled wire rod in coils imports skyrocketed to $5.7M in 2023. In general, imports, however, continue to indicate a abrupt descent.

Top Suppliers of Hot-Rolled Wire Rods in Coils to Uganda in 2023:

In 2023, overseas shipments of hot-rolled wire rods in coils were finally on the rise to reach 191 tons for the first time since 2020, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt shrinkage.

In value terms, hot-rolled wire rod in coils exports soared to $138K in 2023. Over the period under review, exports, however, showed a abrupt slump.

Top Export Markets for Hot-Rolled Wire Rods in Coils from Uganda in 2023:

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for hot-rolled wire rod in coils 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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