Price for Mineral Substances Not Elsewhere Specified or Included in Uganda - 2022

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Uganda (FOB) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Uganda (CIF) - 2022
  3. Exports of Mineral Substances Not Elsewhere Specified or Included in Uganda
  4. Imports of Mineral Substances Not Elsewhere Specified or Included in Uganda

Price for Mineral Substances Not Elsewhere Specified or Included in Uganda (FOB) - 2022

The average export price for mineral substances not elsewhere specified or includeds stood at $230 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of 0.6% against the previous year. The export price peaked at $482 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($312 per ton), while the average price for exports to India ($188 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 India (-3.0%), while the prices for the other major destinations experienced a decline.

Price for Mineral Substances Not Elsewhere Specified or Included in Uganda (CIF) - 2022

The average import price for mineral substances not elsewhere specified or includeds stood at $413 per ton in 2022, declining by -12.7% against the previous year. Overall, the import price saw a slight curtailment. The pace of growth was the most pronounced in 2020 an increase of 109%. The import price peaked at $501 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,003 per ton), while the price for Kenya totaled $184 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%).

Exports of Mineral Substances Not Elsewhere Specified or Included in Uganda

In 2022, after three years of growth, there was significant decline in overseas shipments of mineral substances not elsewhere specified or includeds, when their volume decreased by -17.1% to 17K tons. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of 20K tons, and then dropped remarkably in the following year.

In value terms, exports of mineral substances not elsewhere specified or includeds dropped significantly to $3.8M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. As a result, the exports reached the peak of $4.6M, and then contracted significantly in the following year.

Export of Mineral Substances Not Elsewhere Specified or Included in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5897628647407.9%
United States708238686588-6.0%
Japan30065261052320.4%
United Kingdom27119444538212.1%
Canada10921142236249.2%
Australia14226830526122.5%
Germany269148300257-1.5%
Mexico43.310717615151.6%
Belgium26.731.515813571.6%
India39.311911910237.4%
Others2683315073256.6%
Total2,7653,0624,5923,82711.4%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Uganda in 2022:

  1. Spain (3.4K tons)
  2. United States (2.6K tons)
  3. Japan (2.2K tons)
  4. Canada (1.8K tons)
  5. United Kingdom (1.5K tons)
  6. Australia (1.1K tons)
  7. Germany (0.8K tons)
  8. Mexico (0.7K tons)
  9. Belgium (0.6K tons)
  10. India (0.5K tons)

Imports of Mineral Substances Not Elsewhere Specified or Included in Uganda

In 2022, supplies from abroad of mineral substances not elsewhere specified or includeds was finally on the rise to reach 294 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a dramatic decrease.

In value terms, imports of mineral substances not elsewhere specified or includeds soared to $121K in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction.

Import of Mineral Substances Not Elsewhere Specified or Included in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China71.863.93.979.53.5%
Kenya64.50.22.438.2-16.0%
MauritiusN/A159N/AN/A0%
Others15.13.69.33.6-38.0%
Total15122715.6121-7.1%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Uganda in 2022:

  1. Kenya (207.6 tons)
  2. China (79.2 tons)

Source: IndexBox Market Intelligence Platform

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