Chlorides; of Magnesium Price in Uganda - 2022
Contents:
Chlorides; of Magnesium Price in Uganda (CIF) - 2022
In 2022, the average chlorides; of magnesium import price amounted to $268 per ton, waning by -44.4% against the previous year. Overall, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 252% against the previous year. As a result, import price reached the peak level of $1,771 per ton. From 2016 to 2022, the average import prices remained at a 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 the UK ($4,721 per ton), while the price for China ($138 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+91.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Magnesium Imports in Uganda
In 2022, approx. 5 tons of chlorides; of magnesia were imported into Uganda; rising by 225% compared with the year before. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of magnesium imports skyrocketed to $1.3K in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 98% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Chlorides; of Magnesium in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.0 | 55.0 | 155 | 637 | 248.9% |
| India | 10.0 | 21.0 | 309 | 329 | 220.4% |
| Belgium | 16.0 | 125 | 110 | 28.0 | 20.5% |
| Kenya | 15.0 | 23.0 | 22.0 | 12.0 | -7.2% |
| United States | 495 | N/A | N/A | N/A | 0% |
| Others | 131 | 151 | 145 | 334 | 36.6% |
| Total | 682 | 375 | 741 | 1,340 | 25.2% |
Top Suppliers of Chlorides; of Magnesium to Uganda in 2022:
- China (4604.0 kg)
- India (218.0 kg)
- Kenya (86.0 kg)
- Belgium (14.0 kg)
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In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
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