Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Uganda - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Uganda (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Uganda
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Uganda (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $1,134 per ton in 2022, waning by -47.1% against the previous year. In general, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 an increase of 156%. As a result, import price attained the peak level of $2,145 per ton, and then shrank rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($2,656 per ton), while the price for India ($99 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Uganda
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; esters of formic acids imported into Uganda skyrocketed to 38 tons, jumping by 90% compared with 2021. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 93%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $43K in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 67%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 12.4 | 20.8 | 2.9 | 29.7 | 33.8% |
China | 4.6 | 7.9 | 1.1 | 11.4 | 35.3% |
India | 1.3 | 1.9 | 0.2 | 1.9 | 13.5% |
Saudi Arabia | N/A | N/A | 38.6 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 18.3 | 30.6 | 42.8 | 43.1 | 33.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Uganda in 2022:
- India (19.7 tons)
- Kenya (11.2 tons)
- China (7.1 tons)
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