Price for Phosphates; N.E.S in Item No. 2835.2 in Uganda - 2022

Contents:

  1. Price for Phosphates; N.E.S in Item No. 2835.2 in Uganda (CIF) - 2022
  2. Price for Phosphates; N.E.S in Item No. 2835.2 in Uganda (FOB) - 2022
  3. Imports of Phosphates; N.E.S in Item No. 2835.2 in Uganda
  4. Exports of Phosphates; N.E.S in Item No. 2835.2 in Uganda

Price for Phosphates; N.E.S in Item No. 2835.2 in Uganda (CIF) - 2022

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $2,182 per ton, picking up by 10% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 138%. Over the period under review, average import prices reached the maximum at $2,589 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($3,353 per ton), while the price for China ($1,642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+83.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phosphates; N.E.S in Item No. 2835.2 in Uganda (FOB) - 2022

The average export price for phosphates; n.e.s in item no. 2835.2s stood at $1,309 per ton in 2022, increasing by 25% against the previous year. Over the period under review, the export price, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 48% against the previous year. As a result, the export price attained the peak level of $2,160 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for South Sudan amounted to +147.8% per year.

Imports of Phosphates; N.E.S in Item No. 2835.2 in Uganda

In 2022, imports of phosphates; n.e.s in item no. 2835.2s into Uganda contracted remarkably to 39 tons, which is down by -20.2% compared with the year before. Overall, imports saw a precipitous decline.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s reduced dramatically to $80K in 2022. In general, imports showed a abrupt setback. The smallest decline of -17% was in 2020.

Import of Phosphates; N.E.S in Item No. 2835.2 in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10573.572.149.1-22.4%
South Africa12.722.421.721.419.0%
India20.46.21.89.0-23.9%
Mexico12.922.5N/AN/A74.4%
Others0.71.22.00.4-17.0%
Total15212697.780.0-19.3%

Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Uganda in 2022:

  1. China (29.9 tons)
  2. South Africa (6.4 tons)
  3. India (2.9 tons)

Exports of Phosphates; N.E.S in Item No. 2835.2 in Uganda

In 2022, shipments abroad of phosphates; n.e.s in item no. 2835.2s decreased by -7.7% to 1.1 tons, falling for the second year in a row after two years of growth. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -14.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 57%. As a result, the exports attained the peak of 1.3 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of phosphates; n.e.s in item no. 2835.2s surged to $1.4K in 2022. Over the period under review, total exports indicated a resilient 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 pace of growth was the most pronounced in 2020 with an increase of 16%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Phosphates; N.E.S in Item No. 2835.2 in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda9234.01,2351,42815.7%
KenyaN/A125N/AN/A0%
Democratic Republic of the CongoN/A687N/AN/A0%
OthersN/A253N/AN/A0%
Total9231,0691,2351,42815.7%

Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Uganda in 2022:

  1. Rwanda (1.1 tons)

Source: IndexBox Market Intelligence Platform

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