Sulphates; of Magnesium Price in Uganda - 2022
Contents:
Sulphates; of Magnesium Price in Uganda (CIF) - 2022
The average sulphates; of magnesium import price stood at $1,083 per ton in 2022, picking up by 27% against the previous year. Over the period under review, the import price enjoyed a moderate increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 61% against the previous year. As a result, import price attained the peak level of $1,245 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,169 per ton), while the price for the Netherlands ($556 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Magnesium Imports in Uganda
In 2022, overseas purchases of sulphates; of magnesia were finally on the rise to reach 150 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a precipitous shrinkage.
In value terms, sulphates; of magnesium imports surged to $162K in 2022. Overall, imports, however, continue to indicate a sharp reduction.
| Import of Sulphates; of Magnesium in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 370 | 240 | 57.0 | 143 | -27.2% |
| India | 32.8 | 2.2 | 0.2 | 7.5 | -38.9% |
| China | 3.8 | 0.4 | 5.5 | 4.1 | 2.6% |
| Netherlands | 9.1 | 2.7 | 3.5 | 3.4 | -28.0% |
| Kenya | 3.4 | 6.0 | 4.4 | 3.2 | -2.0% |
| Others | 2.0 | 1.2 | 0.5 | 0.3 | -46.9% |
| Total | 421 | 253 | 71.0 | 162 | -27.3% |
Top Suppliers of Sulphates; of Magnesium to Uganda in 2022:
- United Arab Emirates (122.8 tons)
- India (10.6 tons)
- Netherlands (6.0 tons)
- Kenya (5.5 tons)
- China (4.4 tons)
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