Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uganda - 2022

Contents:

  1. Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uganda (FOB) - 2022
  2. Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uganda

Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uganda (FOB) - 2022

In 2022, the average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $159 per ton, growing by 5.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 118% against the previous year. Over the period under review, the average export prices attained the maximum at $539 per ton in 2015; however, from 2016 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 Kenya.

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to -3.5% per year.

Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uganda

For the fourth consecutive year, Uganda recorded growth in shipments abroad of iron ores and concentrates, agglomerated (excluding roasted iron pyrites), which increased by 14% to 319 tons in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 159%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) soared to $51K in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 80%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya17.523.542.150.742.6%
OthersN/AN/A0.2N/A0%
Total17.523.542.250.742.6%

Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Uganda in 2022:

  1. Kenya (319.3 tons)

Source: IndexBox Market Intelligence Platform

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