Phosphates; of Potassium Price in Uganda - 2022
Contents:
- Phosphates; of Potassium Price in Uganda (CIF) - 2022
- Phosphates; of Potassium Price in Uganda (FOB) - 2022
- Phosphates; of Potassium Imports in Uganda
- Phosphates; of Potassium Exports in Uganda
Phosphates; of Potassium Price in Uganda (CIF) - 2022
The average phosphates; of potassium import price stood at $2,940 per ton in 2022, waning by -2.7% against the previous year. In general, the import price, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 an increase of 182% against the previous year. As a result, import price reached the peak level of $3,020 per ton, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($7,735 per ton), while the price for China ($1,298 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphates; of Potassium Price in Uganda (FOB) - 2022
The average phosphates; of potassium export price stood at $5,800 per ton in 2022, rising by 7% against the previous year. In general, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +14.1% per year.
Phosphates; of Potassium Imports in Uganda
In 2022, imports of phosphates; of potassia into Uganda reduced rapidly to 11 tons, shrinking by -42.7% compared with the year before. In general, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 150% against the previous year. As a result, imports attained the peak of 19 tons, and then contracted significantly in the following year.
In value terms, phosphates; of potassium imports shrank significantly to $31K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 355% against the previous year. As a result, imports attained the peak of $58K, and then declined sharply in the following year.
| Import of Phosphates; of Potassium in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.5 | 1.0 | 12.4 | 9.9 | 170.5% |
| China | 0.3 | 0.5 | 5.7 | 7.0 | 185.8% |
| India | 0.1 | 3.3 | 24.7 | 4.8 | 263.4% |
| Kenya | 0.3 | 0.8 | 6.8 | 4.0 | 137.1% |
| Netherlands | 4.8 | 4.0 | 4.0 | 2.7 | -17.5% |
| Poland | 2.7 | N/A | N/A | N/A | 0% |
| Italy | N/A | 2.8 | N/A | N/A | 0% |
| Others | 0.3 | 0.4 | 4.2 | 2.8 | 110.5% |
| Total | 8.9 | 12.7 | 57.8 | 31.1 | 51.7% |
Top Suppliers of Phosphates; of Potassium to Uganda in 2022:
- China (5.4 tons)
- Germany (3.0 tons)
- Netherlands (0.9 tons)
- India (0.9 tons)
- Kenya (0.5 tons)
Phosphates; of Potassium Exports in Uganda
In 2022, the amount of phosphates; of potassia exported from Uganda plummeted to 20 kg, with a decrease of -23.1% against the previous year's figure. Overall, exports showed a sharp setback. The smallest decline of -18.8% was in 2021.
In value terms, phosphates; of potassium exports reduced notably to $116 in 2022. In general, exports recorded a drastic downturn. The smallest decline of -17.4% was in 2020.
| Export of Phosphates; of Potassium in Uganda (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 207 | 171 | 141 | 116 | -17.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 207 | 171 | 141 | 116 | -17.6% |
Top Export Markets for Phosphates; of Potassium from Uganda in 2022:
- Rwanda (20.0 kg)
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