Price for Nickel; Plates, Sheets, Strip and Foil in Uganda - 2022

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Uganda (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil in Uganda (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil in Uganda
  4. Exports of Nickel; Plates, Sheets, Strip and Foil in Uganda

Price for Nickel; Plates, Sheets, Strip and Foil in Uganda (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foils stood at $9,141 per ton in 2022, falling by -30.1% against the previous year. In general, the import price, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2018 an increase of 115% against the previous year. As a result, import price attained the peak level of $50,356 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($31,000 per ton), while the price for the United Arab Emirates ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+34.2%), while the prices for the other major suppliers experienced a decline.

Price for Nickel; Plates, Sheets, Strip and Foil in Uganda (FOB) - 2022

The average export price for nickel; plates, sheets, strip and foils stood at $78,611 per ton in 2022, surging by 30% against the previous year. In general, the export price saw a significant expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($242,000 per ton), while the average price for exports to Democratic Republic of the Congo amounted to $69,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+48.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Plates, Sheets, Strip and Foil in Uganda

In 2022, approx. 311 kg of nickel; plates, sheets, strip and foils were imported into Uganda; jumping by 2,492% compared with the previous year's figure. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; plates, sheets, strip and foils surged to $2.8K in 2022. Overall, imports recorded a strong expansion.

Import of Nickel; Plates, Sheets, Strip and Foil in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,8674,2651522,65212.4%
China2712831.0127-22.3%
United Arab Emirates3.05.01.02.0-12.6%
IsraelN/A1,347N/AN/A0%
TurkeyN/A178N/AN/A0%
Others46.01073.062.010.5%
Total2,1876,1851572,8439.1%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Uganda in 2022:

  1. India (219.0 kg)
  2. China (88.0 kg)
  3. United Arab Emirates (2.0 kg)

Exports of Nickel; Plates, Sheets, Strip and Foil in Uganda

In 2022, the amount of nickel; plates, sheets, strip and foils exported from Uganda surged to 18 kg, picking up by 64% on the previous year's figure. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 80%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of nickel; plates, sheets, strip and foils skyrocketed to $1.4K in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 117% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Nickel; Plates, Sheets, Strip and Foil in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo1283824781,173109.3%
Rwanda40.048.077.024282.2%
KenyaN/A2.0110N/A5400.0%
Burundi10.0N/AN/AN/A0%
South Sudan21.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1994326651,41592.3%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Uganda in 2022:

  1. Democratic Republic of the Congo (17.0 kg)
  2. Rwanda (1.0 kg)

Source: IndexBox Market Intelligence Platform

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