Sulphates; of Nickel Price in Uganda - 2022
Contents:
Sulphates; of Nickel Price in Uganda (CIF) - 2022
The average sulphates; of nickel import price stood at $7,878 per ton in 2022, rising by 40% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The import price peaked at $8,758 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($15,000 per ton), while the price for Kenya ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.4%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Nickel Imports in Uganda
For the third consecutive year, Uganda recorded decline in overseas purchases of sulphates; of nickels, which decreased by -89.9% to 41 kg in 2022. Over the period under review, imports recorded a dramatic shrinkage. The smallest decline of -16.5% was in 2021.
In value terms, sulphates; of nickel imports fell notably to $323 in 2022. Overall, imports showed a sharp contraction. The smallest decline of -46.2% was in 2021.
| Import of Sulphates; of Nickel in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 4.1 | 2.2 | 0.3 | -58.8% |
| Kenya | N/A | N/A | N/A | N/A | 0% |
| India | N/A | 0.1 | 0.1 | N/A | 0.0% |
| South Africa | 0.2 | N/A | N/A | N/A | 0% |
| Netherlands | 2.6 | N/A | N/A | N/A | 0% |
| Others | 2.6 | N/A | N/A | N/A | 0% |
| Total | 9.8 | 4.2 | 2.3 | 0.3 | -68.7% |
Top Suppliers of Sulphates; of Nickel to Uganda in 2022:
- China (39.0 kg)
- Kenya (1.0 kg)
- India (1.0 kg)
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