Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uganda - 2022

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uganda (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uganda (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uganda
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uganda

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uganda (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $63,431 per ton, falling by -23.4% against the previous year. Over the period under review, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of 115% against the previous year. As a result, import price reached the peak level of $170,587 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($412,905 per ton), while the price for India ($15,914 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uganda (FOB) - 2022

The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $96,200 per ton in 2022, which is down by -6.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 139% against the previous year. As a result, the export price attained the peak level of $190,500 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($105,000 per ton), while the average price for exports to Burundi ($2,000 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 the UK (+1.1%), while the prices for the other major destinations experienced a decline.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uganda

Imports of balances; of a sensitivity of 5cg or better, with or without weightses into Uganda skyrocketed to 2.6 tons in 2022, surging by 18% on the previous year's figure. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses expanded rapidly to $186K in 2022. The total import value increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Uganda in 2022:

1. United Arab Emirates (939.0 kg)
2. China (442.0 kg)
3. India (232.0 kg)
4. Italy (184.0 kg)
5. Netherlands (146.0 kg)
6. South Africa (128.0 kg)
7. Belgium (112.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Uganda

In 2022, approx. 8 kg of balances; of a sensitivity of 5cg or better, with or without weightses were exported from Uganda; rising by 167% compared with the year before. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses surged to $480 in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Uganda in 2022:

1. Zimbabwe (5.0 kg)
2. Burundi (1.0 kg)
3. United Kingdom (1.0 kg)
4. Rwanda (1.0 kg)

Source: IndexBox Market Intelligence Platform