Price for Ethylene Polymers; Waste, Parings and Scrap in Uganda - 2022

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Uganda (FOB) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Uganda (CIF) - 2022
3. Exports of Ethylene Polymers; Waste, Parings and Scrap in Uganda
4. Imports of Ethylene Polymers; Waste, Parings and Scrap in Uganda

Price for Ethylene Polymers; Waste, Parings and Scrap in Uganda (FOB) - 2022

In 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $644 per ton, falling by -4.8% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 12% against the previous year. Over the period under review, the average export prices hit record highs at $768 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($900 per ton), while the average price for exports to China ($531 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+16.4%).

Price for Ethylene Polymers; Waste, Parings and Scrap in Uganda (CIF) - 2022

The average import price for ethylene polymers; waste, parings and scraps stood at $77 per ton in 2022, flattening at the previous year. In general, the import price, however, saw a deep reduction. The growth pace was the most rapid in 2016 when the average import price increased by 324% against the previous year. The import price peaked at $987 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($414 per ton), while the price for Kenya ($38 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (+1.8%), while the prices for the other major suppliers experienced a decline.

Exports of Ethylene Polymers; Waste, Parings and Scrap in Uganda

In 2022, after three years of growth, there was significant decline in shipments abroad of ethylene polymers; waste, parings and scraps, when their volume decreased by -10% to 317 tons. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.0% 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 +40.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of 352 tons, and then shrank in the following year.

In value terms, exports of ethylene polymers; waste, parings and scraps reduced to $204K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.9% 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 +68.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. As a result, the exports attained the peak of $238K, and then dropped in the following year.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Uganda in 2022:

1. Kenya (131.6 tons)
2. China (125.5 tons)
3. United Kingdom (59.6 tons)

Imports of Ethylene Polymers; Waste, Parings and Scrap in Uganda

In 2022, supplies from abroad of ethylene polymers; waste, parings and scraps decreased by -6.6% to 22 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 209%.

In value terms, imports of ethylene polymers; waste, parings and scraps contracted to $1.7K in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 120%.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Uganda in 2022:

1. Burundi (13.6 tons)
2. Rwanda (6.0 tons)
3. Tanzania (1.7 tons)
4. China (0.2 tons)

Source: IndexBox Market Intelligence Platform