Peroxoborates (Perborates) Price in Nigeria - 2022

Contents:

  1. Peroxoborates (Perborates) Price in Nigeria (CIF) - 2022
  2. Peroxoborates (Perborates) Imports in Nigeria

Peroxoborates (Perborates) Price in Nigeria (CIF) - 2022

In 2022, the average peroxoborates (perborates) import price amounted to $841 per ton, declining by -6% against the previous year. Over the period under review, the import price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 42%. As a result, import price attained the peak level of $1,352 per ton. From 2018 to 2022, the average 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 Belgium ($12,232 per ton), while the price for Slovenia ($829 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+33.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Peroxoborates (Perborates) Imports in Nigeria

In 2022, approx. 743 tons of peroxoborates (perborates)s were imported into Nigeria; increasing by 72% compared with the previous year's figure. Overall, imports showed notable growth.

In value terms, peroxoborates (perborates) imports soared to $625K in 2022. Over the period under review, imports saw resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 111% against the previous year. As a result, imports reached the peak of $864K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Peroxoborates (Perborates) in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia39685336861115.6%
Others13.011.017.513.82.0%
Total40986438662515.2%

Top Suppliers of Peroxoborates (Perborates) to Nigeria in 2022:

  1. Slovenia (737.1 tons)

Source: IndexBox Market Intelligence Platform

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