Gold Compounds Price in Uganda - 2022
Contents:
Gold Compounds Price in Uganda (CIF) - 2022
The average gold compounds import price stood at $1,690,667 per ton in 2022, waning by -43% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2019 an increase of 99% against the previous year. Over the period under review, average import prices attained the maximum at $12,718,000 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,811,000 per ton), while the price for South Africa stood at $1,630,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-17.7%).
Gold Compounds Imports in Uganda
For the fourth year in a row, Uganda recorded growth in supplies from abroad of gold compoundses, which increased by 50% to 3 kg in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 100% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, gold compounds imports shrank to $5.1K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year.
| Import of Gold Compounds in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 3.3 | 0% |
| United States | 3.0 | 4.2 | 5.9 | 1.8 | -15.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 4.2 | 5.9 | 5.1 | 19.3% |
Top Suppliers of Gold Compounds to Uganda in 2022:
- South Africa (2.0 kg)
- United States (1.0 kg)
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