Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uganda - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uganda (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uganda (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uganda
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uganda
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uganda (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical amounted to $892 per ton, growing by 5.7% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fertilizers, mineral or chemical increased by +110.7% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,000 per ton), while the price for Kenya ($653 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uganda (FOB) - 2022
The average export price for fertilizers, mineral or chemical stood at $848 per ton in 2022, leveling off at the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fertilizers, mineral or chemical increased by +90.4% against 2014 indices. The most prominent rate of growth was recorded in 2017 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($927 per ton), while the average price for exports to Rwanda totaled $575 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+20.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uganda
In 2022, the amount of fertilizers, mineral or chemical imported into Uganda fell notably to 20 tons, declining by -39.7% against the year before. Overall, imports showed a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 82% against the previous year.
In value terms, imports of fertilizers, mineral or chemical fell remarkably to $18K in 2022. In general, imports showed a mild decline. The pace of growth appeared the most rapid in 2021 with an increase of 162%. As a result, imports reached the peak of $29K, and then shrank dramatically in the following year.
Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 10.4 | 7.5 | 20.7 | 13.3 | 8.5% |
Netherlands | 3.5 | 2.5 | 6.6 | 4.2 | 6.3% |
Kenya | 0.2 | 0.5 | 0.5 | 0.3 | 14.5% |
Israel | 3.9 | N/A | N/A | N/A | 0% |
Others | 0.9 | 0.4 | 0.8 | 0.4 | -23.7% |
Total | 18.8 | 10.9 | 28.6 | 18.2 | -1.1% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Uganda in 2022:
- Saudi Arabia (17.2 tons)
- Netherlands (2.4 tons)
- Kenya (0.5 tons)
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uganda
In 2022, approx. 2.4 tons of fertilizers, mineral or chemical were exported from Uganda; growing by 6.3% on the previous year. The total export volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 6.3% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of fertilizers, mineral or chemical rose sharply to $2K in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Uganda (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burundi | 1,274 | 1,412 | 1,555 | 1,706 | 10.2% |
Rwanda | 377 | 352 | 329 | 307 | -6.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,651 | 1,764 | 1,884 | 2,013 | 6.8% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Uganda in 2022:
- Burundi (1.8 tons)
- Rwanda (0.5 tons)
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