Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Uganda - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Uganda (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Uganda
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Uganda (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $614 per ton in 2022, growing by 40% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. Over the period under review, average import prices hit record highs at $653 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kenya ($886 per ton), while the price for China stood at $699 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Uganda
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; salts of formic acidses was finally on the rise to reach 1.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses soared to $738K in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 107 | 70.6 | 29.1 | 420 | 57.7% |
Others | 109 | 74.6 | 36.8 | 318 | 42.9% |
Total | 216 | 145 | 65.9 | 738 | 50.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Uganda in 2022:
- China (600.9 tons)
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