Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Uganda - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Uganda (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Uganda
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Uganda (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $1,084 per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, saw a slight contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 29%. The import price peaked at $1,351 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($1,330 per ton), while the price for Taiwan (Chinese) ($1,014 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Uganda
After three years of growth, overseas purchases of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -26.3% to 484 tons in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, imports reached the peak of 658 tons, and then shrank remarkably in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates reduced notably to $525K in 2022. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 103%. As a result, imports attained the peak of $704K, and then contracted significantly in the following year.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 122 | 210 | 587 | 428 | 51.9% |
Saudi Arabia | 72.7 | 107 | 102 | 74.2 | 0.7% |
Taiwan (Chinese) | 66.0 | 14.8 | 15.7 | 23.1 | -29.5% |
United Arab Emirates | 25.2 | 14.6 | N/A | N/A | -42.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 285 | 346 | 704 | 525 | 22.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Uganda in 2022:
- China (405.9 tons)
- Saudi Arabia (55.8 tons)
- Taiwan (Chinese) (22.8 tons)
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