Uganda - Sodium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Uganda - Sodium Nitrate - Market Analysis, Forecast, Size, Trends And Insights

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Sodium Nitrate Price in Uganda - 2021

Contents:

  1. Sodium Nitrate Price in Uganda (CIF) - 2022
  2. Sodium Nitrate Price in Uganda (FOB) - 2022
  3. Sodium Nitrate Imports in Uganda
  4. Sodium Nitrate Exports in Uganda

Sodium Nitrate Price in Uganda (CIF) - 2022

In 2022, the average sodium nitrate import price amounted to $743 per ton, reducing by -9.2% against the previous year. Overall, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 16%. The import price peaked at $1,444 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,486 per ton), while the price for China stood at $679 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.4%).

Sodium Nitrate Price in Uganda (FOB) - 2022

The average sodium nitrate export price stood at $1,901 per ton in 2021, with an increase of 27% against the previous year. Overall, the export price posted a resilient increase. Over the period under review, the average export prices reached the maximum at $3,037 per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2021, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -8.9% per year.

Sodium Nitrate Imports in Uganda

In 2022, overseas purchases of sodium nitrate decreased by -3.4% to 94 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.5% 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 +54.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 36%.

In value terms, sodium nitrate imports reduced to $70K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value 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 +72.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49%.

Import of Sodium Nitrate in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.952.560.161.798.4%
United Kingdom2.75.916.85.224.4%
Poland13.1N/AN/AN/A0%
Others16.61.62.62.8-44.7%
Total40.359.979.569.720.0%

Top Suppliers of Sodium Nitrate to Uganda in 2022:

  1. China (90.9 tons)
  2. United Kingdom (2.1 tons)

Sodium Nitrate Exports in Uganda

Sodium nitrate exports from Uganda dropped rapidly to 975 kg in 2021, with a decrease of -35% compared with 2020 figures. Overall, exports showed a precipitous descent.

In value terms, sodium nitrate exports contracted sharply to $1.9K in 2021. In general, exports showed a drastic downturn.

Export of Sodium Nitrate in Uganda (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
Democratic Republic of the CongoN/A1.90%
Burundi2.3N/A0%
OthersN/AN/A0%
Total2.31.9-17.4%

Top Export Markets for Sodium Nitrate from Uganda in 2022:

  1. Democratic Republic of the Congo (975.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sodium nitrate market in Uganda. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 4005 - Sodium nitrate

Country coverage:

  • Uganda

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Uganda
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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