Price for Iron Oxides and Hydroxides in Uganda - 2022
Contents:
- Price for Iron Oxides and Hydroxides in Uganda (CIF) - 2022
- Price for Iron Oxides and Hydroxides in Uganda (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in Uganda
- Exports of Iron Oxides and Hydroxides in Uganda
Price for Iron Oxides and Hydroxides in Uganda (CIF) - 2022
In 2022, the average iron oxides and hydroxides import price amounted to $988 per ton, growing by 20% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron oxides and hydroxides import price increased by +21.5% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $1,125 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,264 per ton), while the price for Hong Kong SAR ($106 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.0%), while the prices for the other major suppliers experienced a decline.
Price for Iron Oxides and Hydroxides in Uganda (FOB) - 2022
The average iron oxides and hydroxides export price stood at $1,533 per ton in 2022, with an increase of 41% against the previous year. Over the period under review, the export price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2017 when the average export price increased by 65%. As a result, the export price reached the peak level of $3,610 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($1,767 per ton), while the average price for exports to Rwanda ($1,227 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 Burundi (-7.7%), while the prices for the other major destinations experienced a decline.
Imports of Iron Oxides and Hydroxides in Uganda
Iron oxides and hydroxides imports into Uganda soared to 552 tons in 2022, increasing by 53% compared with the previous year. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, iron oxides and hydroxides imports skyrocketed to $545K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron Oxides and Hydroxides in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 140 | 175 | 229 | 304 | 29.5% |
| Kenya | 19.6 | 10.7 | 13.8 | 139 | 92.1% |
| Turkey | 3.1 | 1.2 | 0.5 | 30.8 | 115.0% |
| Germany | 7.6 | 2.2 | 2.1 | 21.7 | 41.9% |
| Hong Kong SAR | 2.2 | 1.3 | 1.5 | 7.9 | 53.1% |
| India | 58.1 | 41.8 | 45.5 | 6.0 | -53.1% |
| Others | 1.2 | 0.6 | 5.0 | 36.1 | 211.0% |
| Total | 232 | 233 | 297 | 545 | 32.9% |
Top Suppliers of Iron Oxides and Hydroxides to Uganda in 2022:
- China (309.6 tons)
- Kenya (113.9 tons)
- Hong Kong SAR (74.2 tons)
- Turkey (40.4 tons)
- Germany (10.4 tons)
- India (2.7 tons)
Exports of Iron Oxides and Hydroxides in Uganda
After three years of growth, overseas shipments of iron oxides and hydroxideses decreased by -29.3% to 6.4 tons in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 102% against the previous year.
In value terms, iron oxides and hydroxides exports contracted to $9.8K in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -0.8% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 101%. As a result, the exports attained the peak of $9.9K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Iron Oxides and Hydroxides in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 3.7 | 6.7 | 0.1 | 5.0 | 10.6% |
| Democratic Republic of the Congo | 0.9 | 2.6 | 0.1 | 4.3 | 68.4% |
| Rwanda | 0.3 | 0.6 | N/A | 0.6 | 26.0% |
| Kenya | N/A | N/A | 5.0 | N/A | 0% |
| India | N/A | N/A | 4.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.9 | 9.9 | 9.9 | 9.8 | 26.0% |
Top Export Markets for Iron Oxides and Hydroxides from Uganda in 2022:
- Democratic Republic of the Congo (3.1 tons)
- Burundi (2.8 tons)
- Rwanda (0.5 tons)
103
This report provides an in-depth analysis of the iron oxide pigment market in Uganda.
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This report provides an in-depth analysis of the global iron oxide pigment market.
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This report provides an in-depth analysis of the iron oxide pigment market in Uganda.
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This report provides an in-depth analysis of the global iron oxide pigment market.
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