Alkali Metals; Sodium Price in Uganda - 2022

Contents:

  1. Alkali Metals; Sodium Price in Uganda (FOB) - 2022
  2. Alkali Metals; Sodium Price in Uganda (CIF) - 2022
  3. Alkali Metals; Sodium Exports in Uganda
  4. Alkali Metals; Sodium Imports in Uganda

Alkali Metals; Sodium Price in Uganda (FOB) - 2022

In 2022, the average alkali metals; sodium export price amounted to $2,907 per ton, leveling off at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 79% against the previous year. The export price peaked at $3,593 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($3,392 per ton), while the average price for exports to Burundi amounted to $1,759 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 (+70.1%), while the prices for the other major destinations experienced mixed trend patterns.

Alkali Metals; Sodium Price in Uganda (CIF) - 2022

In 2022, the average alkali metals; sodium import price amounted to $5,084 per ton, dropping by -19.7% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 88%. The import price peaked at $13,747 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 the UK ($25,000 per ton), while the price for China ($2,735 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Alkali Metals; Sodium Exports in Uganda

In 2022, shipments abroad of alkali metals; sodia decreased by -0.3% to 1.2 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 increased by +52.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 52% against the previous year.

In value terms, alkali metals; sodium exports declined to $3.4K in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 increased by +66.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 66% against the previous year.

Export of Alkali Metals; Sodium in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda1.51.32.92.823.1%
Burundi0.40.20.50.614.5%
Democratic Republic of the Congo0.21.9N/AN/A850.0%
OthersN/AN/AN/AN/A0%
Total2.03.43.43.419.3%

Top Export Markets for Alkali Metals; Sodium from Uganda in 2022:

  1. Rwanda (825.0 kg)
  2. Burundi (348.0 kg)

Alkali Metals; Sodium Imports in Uganda

After three years of growth, supplies from abroad of alkali metals; sodia decreased by -4.1% to 537 kg in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 220%.

In value terms, alkali metals; sodium imports fell significantly to $2.7K in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 86%.

Import of Alkali Metals; Sodium in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania7014941,0639249.6%
China1046461,164848101.3%
Kenya53.0401722526114.9%
South Africa80.024343831958.6%
India45.067.012188.025.1%
Others48.062.039.025.0-19.5%
Total1,0311,9133,5472,73038.3%

Top Suppliers of Alkali Metals; Sodium to Uganda in 2022:

  1. China (310.0 kg)
  2. Kenya (130.0 kg)
  3. Tanzania (48.0 kg)
  4. India (31.0 kg)
  5. South Africa (17.0 kg)

Source: IndexBox Market Intelligence Platform

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