Price for Nickel; Bars, Rods, Profiles and Wire in Uganda - 2022
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Uganda (CIF) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in Uganda (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Uganda
- Exports of Nickel; Bars, Rods, Profiles and Wire in Uganda
Price for Nickel; Bars, Rods, Profiles and Wire in Uganda (CIF) - 2022
The average import price for nickel; bars, rods, profiles and wires stood at $28,659 per ton in 2022, picking up by 37% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 343%. Over the period under review, average import prices hit record highs at $31,138 per ton in 2012; however, from 2013 to 2022, 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 India ($61,232 per ton), while the price for China ($2,766 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Bars, Rods, Profiles and Wire in Uganda (FOB) - 2022
The average export price for nickel; bars, rods, profiles and wires stood at $1,504 per ton in 2022, leveling off at the previous year. Over the period under review, the export price saw a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of 51%. Over the period under review, the average export prices hit record highs at $6,248 per ton in 2016; however, from 2017 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 ($7,000 per ton), while the average price for exports to Democratic Republic of the Congo ($980 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 Rwanda (+14.1%).
Imports of Nickel; Bars, Rods, Profiles and Wire in Uganda
In 2022, imports of nickel; bars, rods, profiles and wires into Uganda surged to 3.9 tons, growing by 151% on the previous year. In general, imports, however, recorded a dramatic setback.
In value terms, imports of nickel; bars, rods, profiles and wires surged to $113K in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods, Profiles and Wire in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.2 | 11.0 | 25.2 | 103 | 341.1% |
| China | 21.6 | 4.5 | 4.7 | 5.1 | -38.2% |
| South Africa | 3.8 | 0.8 | 0.9 | 1.1 | -33.8% |
| United Arab Emirates | 1.3 | 0.1 | 0.9 | 1.1 | -5.4% |
| Others | 1.6 | 0.7 | 1.0 | 2.6 | 17.6% |
| Total | 29.5 | 17.2 | 32.8 | 113 | 56.5% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Uganda in 2022:
- China (1830.0 kg)
- India (1681.0 kg)
- United Arab Emirates (301.0 kg)
- South Africa (106.0 kg)
Exports of Nickel; Bars, Rods, Profiles and Wire in Uganda
For the fourth consecutive year, Uganda recorded growth in overseas shipments of nickel; bars, rods, profiles and wires, which increased by 216% to 3.9 tons in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 323% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of nickel; bars, rods, profiles and wires soared to $5.9K in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Bars, Rods, Profiles and Wire in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 5.3 | 0% |
| Democratic Republic of the Congo | 0.3 | 1.0 | 1.8 | 0.5 | 18.6% |
| Others | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Total | 0.6 | 1.1 | 1.9 | 5.9 | 114.2% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Uganda in 2022:
- Tanzania (3.4 tons)
- Democratic Republic of the Congo (0.6 tons)
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