Price for Rosin; Salts of Rosin or of Resin Acids in Uganda - 2022

Contents:

1. Price for Rosin; Salts of Rosin or of Resin Acids in Uganda (CIF) - 2022
2. Price for Rosin; Salts of Rosin or of Resin Acids in Uganda (FOB) - 2022
3. Imports of Rosin; Salts of Rosin or of Resin Acids in Uganda
4. Exports of Rosin; Salts of Rosin or of Resin Acids in Uganda

Price for Rosin; Salts of Rosin or of Resin Acids in Uganda (CIF) - 2022

In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $1,516 per ton, declining by -5.8% against the previous year. Over the period under review, the import price saw a abrupt decrease. The growth pace was the most rapid in 2014 an increase of 3.2% against the previous year. Over the period under review, average import prices reached the peak figure at $3,866 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, 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 -12.7% per year.

Price for Rosin; Salts of Rosin or of Resin Acids in Uganda (FOB) - 2022

The average export price for rosin; salts of rosin or of resin acidses stood at $2,286 per ton in 2022, picking up by 5.5% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 7.1%. Over the period under review, the average export prices reached the peak figure at $2,294 per ton in 2012; afterwards, it flattened through to 2022.

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 -0.7% per year.

Imports of Rosin; Salts of Rosin or of Resin Acids in Uganda

In 2022, imports of rosin; salts of rosin or of resin acidses into Uganda skyrocketed to 7.5 tons, with an increase of 20% against the year before. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of rosin; salts of rosin or of resin acidses amounted to $11K in 2022. The total import value increased at an average annual rate of +13.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 13%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Uganda in 2022:

1. Kenya (7.5 tons)

Exports of Rosin; Salts of Rosin or of Resin Acids in Uganda

In 2022, exports of rosin; salts of rosin or of resin acidses from Uganda declined to 42 kg, waning by -12.5% compared with the previous year. In general, exports faced a abrupt shrinkage.

In value terms, exports of rosin; salts of rosin or of resin acidses dropped to $96 in 2022. Overall, exports showed a deep contraction. The smallest decline of -7.4% was in 2020.

Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from Uganda in 2022:

1. Rwanda (42.0 kg)

Source: IndexBox Market Intelligence Platform