Price for Fertilizers; Mineral or Chemical, Nitrogenous in Uganda - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Uganda (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Uganda (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Uganda
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Uganda
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Uganda (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $415 per ton, falling by -7.3% against the previous year. In general, the import price saw a pronounced downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 18% against the previous year. The import price peaked at $669 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +1.4% per year.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Uganda (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, nitrogenoi amounted to $788 per ton, increasing by 34% against the previous year. Overall, the export price, however, showed a pronounced downturn. The growth pace was the most rapid in 2020 when the average export price increased by 99.9% against the previous year. The export price peaked at $1,197 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($3,467 per ton), while the average price for exports to Democratic Republic of the Congo ($412 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 Tanzania (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Uganda
In 2022, overseas purchases of fertilizers; mineral or chemical, nitrogenoi decreased by -16.9% to 16K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. As a result, imports reached the peak of 19K tons, and then dropped rapidly in the following year.
In value terms, fertilizers; mineral or chemical, nitrogenous imports declined remarkably to $6.5M in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. As a result, imports reached the peak of $8.4M, and then fell dramatically in the following year.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Uganda (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 6.5 | 0% |
| Russia | 0.3 | 0.2 | 2.1 | N/A | 164.6% |
| China | 0.4 | 2.8 | 0.6 | N/A | 22.5% |
| Qatar | 0.3 | 0.8 | 0.9 | N/A | 73.2% |
| Egypt | N/A | 0.2 | 0.4 | N/A | 100.0% |
| Saudi Arabia | 0.8 | 0.2 | 2.8 | N/A | 87.1% |
| Turkey | 0.9 | 0.1 | 0.7 | N/A | -11.8% |
| Others | 0.1 | 0.2 | 0.9 | N/A | 200.0% |
| Total | 2.8 | 4.5 | 8.4 | 6.5 | 32.4% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Uganda in 2022:
- United Arab Emirates (15.6K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Uganda
Fertilizers; mineral or chemical, nitrogenous exports from Uganda reduced dramatically to 412 tons in 2022, waning by -20.1% on the year before. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 67%. As a result, the exports reached the peak of 515 tons, and then declined markedly in the following year.
In value terms, fertilizers; mineral or chemical, nitrogenous exports rose significantly to $324K in 2022. The total export value increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 48%. As a result, the exports reached the peak of $346K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | 291 | 321 | 10.3% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 3.3 | 0% |
| Burundi | 233 | 346 | 12.2 | N/A | -77.1% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 233 | 346 | 303 | 324 | 11.6% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Uganda in 2022:
- Tanzania (403.6 tons)
- Democratic Republic of the Congo (8.1 tons)
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