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Uganda - Argon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArgon Price in Uganda - 2022
Contents:
- Argon Price in Uganda (CIF) - 2022
- Argon Price in Uganda (FOB) - 2022
- Argon Imports in Uganda
- Argon Exports in Uganda
Argon Price in Uganda (CIF) - 2022
The average argon import price stood at $2 per cubic meter in 2022, reducing by -4.4% against the previous year. In general, the import price, however, saw a tangible increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 158% against the previous year. The import price peaked at $2.1 per cubic meter in 2021, and then dropped modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($5.4 per cubic meter), while the price for the United Arab Emirates ($0.2 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Argon Price in Uganda (FOB) - 2022
The average argon export price stood at $2 per cubic meter in 2022, with an increase of 38% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, argon export price decreased by -3.8% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 113%. As a result, the export price attained the peak level of $2.2 per cubic meter. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($6.4 per cubic meter), while the average price for exports to Democratic Republic of the Congo ($1.5 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Argon Imports in Uganda
In 2022, the amount of argon imported into Uganda dropped to 80K cubic meters, which is down by -12.3% on the previous year's figure. Over the period under review, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. Imports peaked at 237K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, argon imports shrank remarkably to $163K in 2022. In general, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, imports attained the peak of $195K, and then fell remarkably in the following year.
Import of Argon in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 155 | 116 | 113 | 152 | -0.6% |
United Arab Emirates | 1.0 | 1.6 | 4.5 | 4.9 | 69.8% |
China | 17.6 | 11.5 | 75.1 | 4.1 | -38.5% |
South Africa | 1.0 | 0.9 | 0.8 | 1.0 | 0.0% |
Others | 0.7 | 1.9 | 1.2 | 1.3 | 22.9% |
Total | 176 | 132 | 195 | 163 | -2.5% |
Top Suppliers of Argon to Uganda in 2022:
- Kenya (54.2K cubic meters)
- United Arab Emirates (20.1K cubic meters)
- China (4.4K cubic meters)
- South Africa (1.3K cubic meters)
Argon Exports in Uganda
In 2022, the amount of argon exported from Uganda skyrocketed to 21K cubic meters, jumping by 295% compared with the previous year. Overall, exports, however, recorded a abrupt decrease. The exports peaked at 37K cubic meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, argon exports soared to $42K in 2022. Over the period under review, exports, however, recorded a abrupt contraction. The exports peaked at $77K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
Export of Argon in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | 8.8 | 12.6 | 4.0 | 29.4 | 49.5% |
Rwanda | 14.7 | 12.4 | 1.2 | 7.9 | -18.7% |
Burundi | 33.7 | 52.1 | 2.7 | 5.2 | -46.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 57.2 | 77.2 | 7.8 | 42.5 | -9.4% |
Top Export Markets for Argon from Uganda in 2022:
- Democratic Republic of the Congo (19.0K cubic meters)
- Rwanda (1.2K cubic meters)
- Burundi (1.0K cubic meters)
This report provides an in-depth analysis of the argon 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:
- Prodcom 20111120 - Argon
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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