Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Uganda - 2022

Contents:

  1. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Uganda (CIF) - 2022
  2. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Uganda (FOB) - 2022
  3. Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Uganda
  4. Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Uganda

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Uganda (CIF) - 2022

The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $312 per ton in 2022, increasing by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The import price peaked at $331 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Kenya.

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +2.1% per year.

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Uganda (FOB) - 2022

The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $537 per ton in 2022, picking up by 64% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for silicates; of sodium (excluding sodium metasilicates)s increased by +111.1% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($679 per ton), while the average price for exports to Democratic Republic of the Congo stood at $540 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+5.1%), while the prices for the other major destinations experienced a decline.

Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Uganda

In 2022, purchases abroad of silicates; of sodium (excluding sodium metasilicates)s decreased by -52.1% to 12K tons, falling for the second year in a row after two years of growth. Overall, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 109% against the previous year. As a result, imports attained the peak of 30K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s fell dramatically to $3.8M in 2022. Over the period under review, imports showed a slight setback. The growth pace was the most rapid in 2020 with an increase of 95%. As a result, imports attained the peak of $7.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Uganda (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya1.93.83.12.13.4%
Others2.14.03.21.8-5.0%
Total4.07.96.33.8-1.7%

Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Uganda in 2022:

  1. Kenya (6.7K tons)

Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Uganda

In 2022, exports of silicates; of sodium (excluding sodium metasilicates)s from Uganda soared to 2.3K tons, growing by 718% on the year before. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s surged to $1.2M in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda5.18.035.7564380.0%
Democratic Republic of the Congo0.34.511.8156704.1%
Burundi1285.416.2N/A-64.4%
Others1355.428.051456.2%
Total26923.491.71,23366.1%

Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Uganda in 2022:

  1. Rwanda (830.4 tons)
  2. Democratic Republic of the Congo (288.6 tons)

Source: IndexBox Market Intelligence Platform

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