Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Uganda - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Uganda (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Uganda

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Uganda (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,243 per ton, leveling off at the previous year. In general, the import price, however, showed a noticeable slump. The pace of growth was the most pronounced in 2021 an increase of 50%. The import price peaked at $1,580 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($1,484 per ton), while the price for India amounted to $1,053 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+73.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Uganda

In 2022, the amount of acids; aromatic polycarboxylic acids; phthalic anhydrides imported into Uganda amounted to 69 tons, remaining relatively unchanged against the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% 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 decreased by -18.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 98% against the previous year. As a result, imports reached the peak of 84 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides totaled $85K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 46%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea38.223.319.644.85.5%
India11.824.023.740.450.7%
ChinaN/A12.841.4N/A223.4%
Democratic People's Republic of KoreaN/A13.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total50.073.084.785.219.4%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Uganda in 2022:

  1. India (38.3 tons)
  2. South Korea (30.2 tons)

Source: IndexBox Market Intelligence Platform

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