Uganda - Acetone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetone Price in Uganda - 2022
Contents:
- Acetone Price in Uganda (CIF) - 2022
- Acetone Price in Uganda (FOB) - 2022
- Acetone Imports in Uganda
- Acetone Exports in Uganda
Acetone Price in Uganda (CIF) - 2022
The average acetone import price stood at $1,044 per ton in 2022, with a decrease of -11.8% against the previous year. Overall, the import price recorded a slight downturn. The pace of growth was the most pronounced in 2021 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $1,355 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,628 per ton), while the price for Spain ($493 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.3%), while the prices for the other major suppliers experienced a decline.
Acetone Price in Uganda (FOB) - 2022
In 2022, the average acetone export price amounted to $8,113 per ton, leveling off at the previous year. Over the period under review, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2019 an increase of 148%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +12.4% per year.
Acetone Imports in Uganda
Acetone imports into Uganda soared to 526 tons in 2022, picking up by 32% compared with the year before. Overall, imports, however, continue to indicate a abrupt decline.
In value terms, acetone imports soared to $550K in 2022. In general, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year.
| Import of Acetone in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 322 | 88.7 | 208 | 198 | -15.0% |
| Saudi Arabia | 111 | 62.0 | 54.5 | 46.4 | -25.2% |
| Taiwan (Chinese) | 108 | 16.7 | 48.5 | 33.7 | -32.2% |
| Netherlands | 119 | 10.8 | 34.4 | 29.9 | -36.9% |
| China | 0.2 | 0.7 | 20.4 | 15.3 | 324.5% |
| Belgium | 49.3 | 23.2 | 17.2 | 12.7 | -36.4% |
| South Africa | 29.6 | 18.5 | 12.6 | 8.7 | -33.5% |
| Spain | 14.9 | 8.3 | 8.2 | 5.0 | -30.5% |
| Others | 58.1 | 55.3 | 69.2 | 200 | 51.0% |
| Total | 812 | 284 | 473 | 550 | -12.2% |
Top Suppliers of Acetone to Uganda in 2022:
- India (195.9 tons)
- Taiwan (Chinese) (40.4 tons)
- Saudi Arabia (39.2 tons)
- Netherlands (23.1 tons)
- Belgium (10.7 tons)
- Spain (10.1 tons)
- China (9.4 tons)
- South Africa (8.9 tons)
Acetone Exports in Uganda
After three years of growth, shipments abroad of acetone decreased by 0% to 80 kg in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 254% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, acetone exports totaled $649 in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 488% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Acetone in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 60.0 | 48.0 | 1.0 | 43.0 | -10.5% |
| Kenya | N/A | N/A | 38.0 | N/A | 0% |
| Others | N/A | 305 | 607 | 606 | 41.0% |
| Total | 60.0 | 353 | 646 | 649 | 121.2% |
Top Export Markets for Acetone from Uganda in 2022:
- Rwanda (12.0 kg)
This report provides an in-depth analysis of the acetone market 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.
Product coverage:
- Prodcom 20146211 - Acetone
Country coverage:
- Uganda
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uganda
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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