Nitrites; Nitrates Price in Uganda - 2022
Contents:
- Nitrites; Nitrates Price in Uganda (CIF) - 2022
- Nitrites; Nitrates Price in Uganda (FOB) - 2022
- Nitrites; Nitrates Imports in Uganda
- Nitrites; Nitrates Exports in Uganda
Nitrites; Nitrates Price in Uganda (CIF) - 2022
The average nitrites; nitrates import price stood at $878 per ton in 2022, shrinking by -25.3% against the previous year. In general, the import price showed a pronounced reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 62% against the previous year. Over the period under review, average import prices attained the maximum at $1,176 per ton in 2021, and then reduced dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,252 per ton), while the price for Kenya ($125 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced a decline.
Nitrites; Nitrates Price in Uganda (FOB) - 2022
The average nitrites; nitrates export price stood at $6,135 per ton in 2022, dropping by -2.3% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2015 an increase of 201% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,281 per ton in 2021, and then shrank slightly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($6,343 per ton), while the average price for exports to Tanzania ($1,000 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 Rwanda (+15.9%).
Nitrites; Nitrates Imports in Uganda
In 2022, purchases abroad of nitrites; nitrateses increased by 492% to 16 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a precipitous contraction.
In value terms, nitrites; nitrates imports soared to $14K in 2022. Over the period under review, imports, however, continue to indicate a dramatic decrease.
| Import of Nitrites; Nitrates in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.7 | 11.1 | 1.4 | 5.7 | -37.8% |
| Netherlands | 2.1 | 1.8 | 0.4 | 2.3 | 3.1% |
| Jordan | 7.6 | 3.7 | 0.5 | 0.9 | -50.9% |
| Israel | 8.9 | 3.9 | 0.5 | 0.8 | -55.2% |
| Kenya | 0.8 | 0.5 | 0.1 | 0.2 | -37.0% |
| India | 1.2 | 2.7 | 0.2 | 0.2 | -45.0% |
| Poland | 6.2 | N/A | N/A | N/A | 0% |
| Others | 23.8 | 1.8 | 0.2 | 4.4 | -43.0% |
| Total | 74.2 | 25.5 | 3.2 | 14.4 | -42.1% |
Top Suppliers of Nitrites; Nitrates to Uganda in 2022:
- China (4.6 tons)
- Netherlands (2.7 tons)
- Kenya (1.3 tons)
- Jordan (1.2 tons)
- Israel (0.6 tons)
- India (0.1 tons)
Nitrites; Nitrates Exports in Uganda
In 2022, shipments abroad of nitrites; nitrateses was finally on the rise to reach 37 kg after two years of decline. Overall, exports, however, continue to indicate a abrupt decrease.
In value terms, nitrites; nitrates exports rose rapidly to $227 in 2022. Over the period under review, exports, however, saw a abrupt descent.
| Export of Nitrites; Nitrates in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 284 | 242 | 196 | 222 | -7.9% |
| Burundi | 14.0 | 9.0 | 5.0 | 4.0 | -34.1% |
| Tanzania | N/A | N/A | N/A | 1.0 | 0% |
| Others | 16.0 | N/A | N/A | N/A | 0% |
| Total | 314 | 251 | 201 | 227 | -10.3% |
Top Export Markets for Nitrites; Nitrates from Uganda in 2022:
- Rwanda (35.0 kg)
- Burundi (1.0 kg)
- Tanzania (1.0 kg)
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In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
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