O-Acetylsalicylic Acid Price in Uganda - 2022
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O-Acetylsalicylic Acid Price in Uganda (CIF) - 2022
In 2022, the average o-acetylsalicylic acid import price amounted to $4,978 per ton, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2018 an increase of 16% against the previous year. As a result, import price attained the peak level of $5,309 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($6,324 per ton), while the price for China totaled $4,771 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
O-Acetylsalicylic Acid Imports in Uganda
In 2022, the amount of o-acetylsalicylic acid, its salts and esters imported into Uganda dropped dramatically to 13 tons, waning by -43.4% against the year before. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 653%. As a result, imports attained the peak of 23 tons, and then fell sharply in the following year.
In value terms, o-acetylsalicylic acid imports declined rapidly to $64K in 2022. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 622% against the previous year. As a result, imports attained the peak of $112K, and then fell dramatically in the following year.
| Import of O-Acetylsalicylic Acid in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 71.7 | 13.2 | 93.0 | 53.0 | -9.6% |
| India | 8.1 | 2.3 | 18.9 | 10.7 | 9.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 79.8 | 15.5 | 112 | 63.7 | -7.2% |
Top Suppliers of O-Acetylsalicylic Acid to Uganda in 2022:
- China (11.1 tons)
- India (1.7 tons)
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