Salicylic Acid Price in Uganda - 2022
Contents:
Salicylic Acid Price in Uganda (CIF) - 2022
In 2022, the average salicylic acid import price amounted to $23,994 per ton, picking up by 431% against the previous year. In general, the import price showed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($5,365 per ton), while the price for China stood at $4,366 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.0%).
Salicylic Acid Imports in Uganda
In 2022, supplies from abroad of salicylic acid and its salts decreased by -98.3% to 163 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 5,587%.
In value terms, salicylic acid imports declined sharply to $3.9K in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 4,544% against the previous year.
| Import of Salicylic Acid in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.2 | 38.4 | 42.5 | 39.9 | -0.2% |
| India | 0.3 | 0.1 | 1.5 | 1.4 | 67.1% |
| Indonesia | 0.5 | N/A | N/A | N/A | 0% |
| Others | -40.2 | N/A | N/A | -37.3 | -2.5% |
| Total | 0.8 | 38.5 | 44.0 | 3.9 | 69.6% |
Top Suppliers of Salicylic Acid to Uganda in 2022:
- China (9.1 tons)
- India (0.3 tons)
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