Ethylene Price in Uganda - 2021
Contents:
Ethylene Price in Uganda (CIF) - 2022
In 2022, the average ethylene import price amounted to $1,914 per ton, increasing by 20% against the previous year. In general, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs at $6,489 per ton in 2013; however, from 2014 to 2022, 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 Kenya ($4,341 per ton), while the price for South Africa ($1,061 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+19.8%), while the prices for the other major suppliers experienced a decline.
Ethylene Imports in Uganda
In 2022, imports of ethylene into Uganda shrank markedly to 590 kg, declining by -38.5% compared with the year before. Overall, imports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 334% against the previous year.
In value terms, ethylene imports contracted significantly to $1.1K in 2022. Over the period under review, imports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 112% against the previous year.
| Import of Ethylene in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 2.5 | 0.5 | 4.0 | 2.3 | -2.7% |
| China | 0.8 | N/A | 0.7 | 0.4 | -20.6% |
| South Africa | 0.9 | 0.2 | 0.7 | 0.3 | -30.7% |
| Others | N/A | N/A | -3.8 | -1.9 | -50.0% |
| Total | 4.1 | 0.7 | 1.5 | 1.1 | -35.5% |
Top Suppliers of Ethylene to Uganda in 2022:
- Kenya (526.0 kg)
- South Africa (327.0 kg)
- China (228.0 kg)
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