Price for Silicates; Commercial Alkali Metal Silicates in Uganda - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Uganda (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in Uganda (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates in Uganda
- Exports of Silicates; Commercial Alkali Metal Silicates in Uganda
Price for Silicates; Commercial Alkali Metal Silicates in Uganda (CIF) - 2022
The average import price for silicates; commercial alkali metal silicateses stood at $404 per ton in 2022, rising by 20% against the previous year. Over the last decade, it increased at an average annual rate of +4.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 +2.4% per year.
Price for Silicates; Commercial Alkali Metal Silicates in Uganda (FOB) - 2022
The average export price for silicates; commercial alkali metal silicateses stood at $310 per ton in 2022, which is down by -6% against the previous year. In general, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2015 an increase of 39%. The export price peaked at $1,634 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Burundi ($330 per ton), while the average price for exports to Kenya ($198 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+1.4%), while the prices for the other major destinations experienced a decline.
Imports of Silicates; Commercial Alkali Metal Silicates in Uganda
In 2022, purchases abroad of silicates; commercial alkali metal silicateses decreased by -27.4% to 9.7K tons, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 110%. As a result, imports reached the peak of 15K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, silicates; commercial alkali metal silicates imports reduced to $3.9M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 117%.
| Import of Silicates; Commercial Alkali Metal Silicates in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 1.7 | 3.8 | 3.1 | 2.9 | 19.5% |
| China | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| India | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
| Others | 0.2 | 0.3 | 1.2 | 0.9 | 65.1% |
| Total | 2.1 | 4.5 | 4.5 | 3.9 | 22.9% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Uganda in 2022:
- Kenya (9.4K tons)
- India (0.1K tons)
Exports of Silicates; Commercial Alkali Metal Silicates in Uganda
In 2022, silicates; commercial alkali metal silicates exports from Uganda declined modestly to 135 tons, waning by -4.2% compared with 2021 figures. In general, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 248%.
In value terms, silicates; commercial alkali metal silicates exports declined to $42K in 2022. Overall, exports faced a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 296% against the previous year.
| Export of Silicates; Commercial Alkali Metal Silicates in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 128 | 3.5 | 11.9 | 32.5 | -36.7% |
| Rwanda | 5.1 | 5.2 | 25.7 | 6.1 | 6.1% |
| Democratic Republic of the Congo | 0.3 | 2.9 | 8.5 | 2.1 | 91.3% |
| Kenya | N/A | N/A | N/A | 0.9 | 0% |
| Others | 0.4 | 0.1 | 0.2 | 0.1 | -37.0% |
| Total | 134 | 11.7 | 46.3 | 41.7 | -32.2% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Uganda in 2022:
- Burundi (98.4 tons)
- Rwanda (22.8 tons)
- Democratic Republic of the Congo (8.6 tons)
- Kenya (4.7 tons)
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