Price for Hydroxide and Peroxide of Magnesium in Uganda - 2022

Contents:

  1. Price for Hydroxide and Peroxide of Magnesium in Uganda (CIF) - 2022
  2. Price for Hydroxide and Peroxide of Magnesium in Uganda (FOB) - 2022
  3. Imports of Hydroxide and Peroxide of Magnesium in Uganda
  4. Exports of Hydroxide and Peroxide of Magnesium in Uganda

Price for Hydroxide and Peroxide of Magnesium in Uganda (CIF) - 2022

The average import price for hydroxide and peroxide of magnesia stood at $4,435 per ton in 2022, growing by 36% against the previous year. Overall, the import price, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 59%. The import price peaked at $5,545 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($11,266 per ton), while the price for China ($2,574 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Hydroxide and Peroxide of Magnesium in Uganda (FOB) - 2022

In 2022, the average export price for hydroxide and peroxide of magnesia amounted to $800 per ton, falling by -33.3% against the previous year. Over the period under review, the export price recorded a deep slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 43% against the previous year. The export price peaked at $4,077 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to -15.0% per year.

Imports of Hydroxide and Peroxide of Magnesium in Uganda

In 2022, the amount of hydroxide and peroxide of magnesia imported into Uganda soared to 4.9 tons, increasing by 192% on the previous year's figure. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydroxide and peroxide of magnesium imports surged to $22K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hydroxide and Peroxide of Magnesium in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.41.52.16.9158.4%
China1.11.81.96.278.0%
EgyptN/AN/AN/A3.60%
Kenya1.12.90.92.734.9%
South AfricaN/A0.10.62.3379.6%
OthersN/AN/AN/AN/A0%
Total2.66.45.521.7102.8%

Top Suppliers of Hydroxide and Peroxide of Magnesium to Uganda in 2022:

  1. China (2425.0 kg)
  2. India (1044.0 kg)
  3. Egypt (834.0 kg)
  4. Kenya (393.0 kg)
  5. South Africa (203.0 kg)

Exports of Hydroxide and Peroxide of Magnesium in Uganda

Hydroxide and peroxide of magnesium exports from Uganda reduced remarkably to 5 kg in 2022, falling by -50% against the previous year's figure. Overall, exports recorded a precipitous curtailment. The smallest decline of -26.3% was in 2020.

In value terms, hydroxide and peroxide of magnesium exports fell significantly to $4 in 2022. In general, exports recorded a significant decrease. The smallest decline of -41.7% was in 2020.

Export of Hydroxide and Peroxide of Magnesium in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda36.021.012.04.0-51.9%
OthersN/AN/AN/AN/A0%
Total36.021.012.04.0-51.9%

Top Export Markets for Hydroxide and Peroxide of Magnesium from Uganda in 2022:

  1. Rwanda (5.0 kg)

Source: IndexBox Market Intelligence Platform

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