Key Market Indicators
Uganda’s transformer exports are expected to drop to around $900,000 by 2026, down 0.8% on a yearly average since 2021. In 1999, the country’s supply had increased by 0.9%. In 2021, it came in at number 93, while Honduras was ahead at $927,950. Germany, the United States and Japan were the top three countries in this ranking. Meanwhile, transformer imports to Uganda are forecast to reach $39.5 million by 2026, growing at a rate of 2% year on year. Since 1999, the country’s demand has risen 9.1% yearly. In 2021, Uganda was number 92, with Iceland at $34,995,000. China, Germany and Mexico respectively took the top three spots in this ranking.
