Uganda - Urea - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUrea Price in Uganda - 2021
Contents:
- Urea Price in Uganda (CIF) - 2022
- Urea Price in Uganda (FOB) - 2022
- Urea Imports in Uganda
- Urea Exports in Uganda
Urea Price in Uganda (CIF) - 2022
In 2022, the average urea import price amounted to $405 per ton, falling by -10.7% against the previous year. Over the period under review, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of 19%. Over the period under review, average import prices hit record highs at $686 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 Kenya ($925 per ton), while the price for Tanzania ($138 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Urea Price in Uganda (FOB) - 2022
In 2022, the average urea export price amounted to $741 per ton, falling by -5.8% against the previous year. Over the period under review, the export price saw a noticeable setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 57%. The export price peaked at $969 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($847 per ton), while the average price for exports to Democratic Republic of the Congo ($638 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 Democratic Republic of the Congo (+25.3%), while the prices for the other major destinations experienced a decline.
Urea Imports in Uganda
In 2022, the amount of urea imported into Uganda reduced rapidly to 7.6K tons, which is down by -24.5% against the year before. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 142% against the previous year.
In value terms, urea imports reduced sharply to $3.1M in 2022. In general, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 187%.
| Import of Urea in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2,896 | 899 | 2,240 | 1,301 | -23.4% |
| Qatar | 1,208 | 228 | 710 | 462 | -27.4% |
| Egypt | 118 | 68.7 | 200 | 346 | 43.1% |
| Tanzania | 627 | 210 | 566 | 329 | -19.3% |
| Russia | 42.9 | 18.1 | 292 | 220 | 72.4% |
| Kenya | 546 | 8.7 | 298 | 196 | -28.9% |
| China | 379 | 94.8 | 19.4 | 118 | -32.2% |
| Ukraine | 130 | 40.6 | 103 | 56.1 | -24.4% |
| Others | 80.1 | 20.9 | 131 | 45.1 | -17.4% |
| Total | 6,027 | 1,588 | 4,558 | 3,073 | -20.1% |
Top Suppliers of Urea to Uganda in 2022:
- Saudi Arabia (2396.2 tons)
- Tanzania (2388.5 tons)
- Qatar (936.0 tons)
- Egypt (757.8 tons)
- Russia (424.2 tons)
- China (277.6 tons)
- Kenya (211.8 tons)
- Ukraine (109.0 tons)
Urea Exports in Uganda
In 2022, urea exports from Uganda dropped dramatically to 9.7 tons, which is down by -39.6% against 2021. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 364% against the previous year.
In value terms, urea exports shrank rapidly to $7.2K in 2022. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 628%. As a result, the exports attained the peak of $13K, and then dropped notably in the following year.
| Export of Urea in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 3.5 | 1.2 | 6.5 | 3.3 | -1.9% |
| Democratic Republic of the Congo | 3.8 | 0.2 | 5.8 | 2.9 | -8.6% |
| South Sudan | 2.6 | 0.4 | 0.3 | 1.0 | -27.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.0 | 1.7 | 12.6 | 7.2 | -10.4% |
Top Export Markets for Urea from Uganda in 2022:
- Democratic Republic of the Congo (4.6 tons)
- Burundi (3.8 tons)
- South Sudan (1.2 tons)
This report provides an in-depth analysis of the urea 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 4001 - Urea
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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