Key Market Indicators
Ugandan metal product exports are projected to decline to approximately $940,000 by 2028, down from around $1.1 million in 2023. This represents an annual decrease of 3.1%. The trend reflects a longer-term decline, as Ugandan supply has fallen by 6% annually since 1999. Conversely, Uganda's metal product imports are expected to rise to about $23.3 million by 2028, up from roughly $20.9 million in 2023. This marks an average annual growth rate of 1.7%. Demand for metal products in Uganda has been on an upward trajectory, increasing by 1.9% each year since 1999.
