Price for Nickel; Tube and Pipe Fittings in Uganda - 2022

Contents:

1. Price for Nickel; Tube and Pipe Fittings in Uganda (FOB) - 2022
2. Price for Nickel; Tube and Pipe Fittings in Uganda (CIF) - 2022
3. Exports of Nickel; Tube and Pipe Fittings in Uganda
4. Imports of Nickel; Tube and Pipe Fittings in Uganda

Price for Nickel; Tube and Pipe Fittings in Uganda (FOB) - 2022

The average export price for nickel; tube and pipe fittingses stood at $350,176 per ton in 2022, reducing by -5.9% against the previous year. In general, the export price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2019 an increase of 5,198%. As a result, the export price attained the peak level of $566,524 per ton. From 2020 to 2022, the average 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 Democratic Republic of the Congo amounted to +345.3% per year.

Price for Nickel; Tube and Pipe Fittings in Uganda (CIF) - 2022

The average import price for nickel; tube and pipe fittingses stood at $13,824 per ton in 2022, reducing by -54.6% against the previous year. In general, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 184%. Over the period under review, average import prices hit record highs at $59,945 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($84,000 per ton), while the price for Kenya ($10,028 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Tube and Pipe Fittings in Uganda

Nickel; tube and pipe fittings exports from Uganda expanded notably to 34 kg in 2022, growing by 6.2% compared with the previous year's figure. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 90%. As a result, the exports reached the peak of 40 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, nickel; tube and pipe fittings exports amounted to $12K in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by less than 0.1%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Nickel; Tube and Pipe Fittings from Uganda in 2022:

1. Rwanda (34.0 kg)

Imports of Nickel; Tube and Pipe Fittings in Uganda

For the fourth year in a row, Uganda recorded growth in purchases abroad of nickel; tube and pipe fittingses, which increased by 44% to 762 kg in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 266%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, nickel; tube and pipe fittings imports shrank notably to $11K in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 940% against the previous year. As a result, imports attained the peak of $22K. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Nickel; Tube and Pipe Fittings to Uganda in 2022:

1. United Arab Emirates (683.0 kg)
2. Kenya (36.0 kg)
3. China (33.0 kg)
4. South Africa (9.0 kg)

Source: IndexBox Market Intelligence Platform