Salts; Molybdates Price in Uganda - 2022
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Salts; Molybdates Price in Uganda (CIF) - 2022
The average salts; molybdates import price stood at $3,875 per ton in 2022, increasing by 6.9% against the previous year. Overall, the import price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 38%. Over the period under review, average import prices attained the maximum at $23,905 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($8,500 per ton), while the price for France ($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 South Africa (+5.4%), while the prices for the other major suppliers experienced a decline.
Salts; Molybdates Imports in Uganda
In 2022, approx. 8 kg of salts; molybdateses were imported into Uganda; approximately reflecting the previous year's figure. Overall, imports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 14%.
In value terms, salts; molybdates imports rose markedly to $31 in 2022. Over the period under review, imports recorded a significant decrease.
Import of Salts; Molybdates in Uganda (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 802 | 13.0 | 14.0 | 17.0 | -72.3% |
Kenya | 791 | 9.0 | 7.0 | 6.0 | -80.4% |
United Arab Emirates | 384 | 5.0 | 4.0 | 4.0 | -78.2% |
Netherlands | 402 | 2.0 | 1.0 | 1.0 | -86.5% |
India | 29.0 | 1.0 | 1.0 | 1.0 | -67.5% |
France | 49.0 | 1.0 | 1.0 | 1.0 | -72.7% |
Belgium | 75.0 | 2.0 | 1.0 | 1.0 | -76.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2,532 | 33.0 | 29.0 | 31.0 | -77.0% |
Top Suppliers of Salts; Molybdates to Uganda in 2022:
- South Africa (2.0 kg)
- Netherlands (1.0 kg)
- United Arab Emirates (1.0 kg)
- India (1.0 kg)
- France (1.0 kg)
- Belgium (1.0 kg)
- Kenya (1.0 kg)
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