Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Uganda - 2022

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Uganda (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Uganda (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Uganda
  4. Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Uganda

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Uganda (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,266 per ton, increasing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2016 an increase of 41% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($1,708 per ton), while the price for China ($104 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Uganda (FOB) - 2022

In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $4,726 per ton, picking up by 36% against the previous year. Over the period under review, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 78% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($4,875 per ton), while the average price for exports to Rwanda totaled $3,667 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+9.5%).

Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Uganda

In 2022, approx. 328 tons of silicates; commercial alkali metal silicates, other than of sodium or potassia were imported into Uganda; increasing by 13% on 2021. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 407% against the previous year. As a result, imports attained the peak of 571 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia skyrocketed to $415K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 348%. As a result, imports attained the peak of $526K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia70.621226038175.4%
Kenya0.82.20.411.9145.9%
India28.712623.911.5-26.3%
China11.670.615.33.3-34.2%
ThailandN/A97.5N/AN/A0%
Others5.718.14.67.38.6%
Total11852630441552.1%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Uganda in 2022:

  1. Malaysia (223.2 tons)
  2. Kenya (35.9 tons)
  3. India (33.0 tons)
  4. China (31.9 tons)

Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Uganda

After three years of growth, shipments abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia decreased by -35.4% to 73 kg in 2022. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 11%.

In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia fell to $345 in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.7% 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 +54.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $394, and then dropped in the following year.

Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/AN/AN/A3120%
Rwanda22329639433.0-47.1%
OthersN/AN/AN/AN/A0%
Total22329639434515.7%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Uganda in 2022:

  1. Kenya (64.0 kg)
  2. Rwanda (9.0 kg)

Source: IndexBox Market Intelligence Platform

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