Artificial Graphite Price in Nigeria - 2021
Contents:
Artificial Graphite Price in Nigeria (CIF) - 2022
In 2022, the average artificial graphite import price amounted to $3,606 per ton, which is down by -18.4% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial graphite import price increased by +44.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 34% against the previous year. As a result, import price reached the peak level of $4,420 per ton, and then dropped remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,786 per ton), while the price for China ($98 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.5%), while the prices for the other major suppliers experienced a decline.
Artificial Graphite Imports in Nigeria
In 2022, supplies from abroad of artificial graphite was finally on the rise to reach 12 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt decrease.
In value terms, artificial graphite imports skyrocketed to $43K in 2022. Over the period under review, imports, however, recorded a abrupt decrease.
| Import of Artificial Graphite in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 36.3 | 17.1 | 13.0 | 17.2 | -22.0% |
| India | 0.2 | 3.2 | 2.9 | 3.2 | 152.0% |
| China | 0.6 | 0.8 | 0.3 | 0.3 | -20.6% |
| Others | 20.7 | 30.5 | 18.7 | 22.5 | 2.8% |
| Total | 57.9 | 51.6 | 34.8 | 43.2 | -9.3% |
Top Suppliers of Artificial Graphite to Nigeria in 2022:
- United States (7.8 tons)
- China (3.1 tons)
- India (0.8 tons)
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This report provides an in-depth analysis of the market for artificial and colloidal graphite in Nigeria.
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This report provides an in-depth analysis of the global market for artificial and colloidal graphite.
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This report provides an in-depth analysis of the market for artificial and colloidal graphite in Nigeria.
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This report provides an in-depth analysis of the global market for artificial and colloidal graphite.
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Discover the top import markets for artificial and colloidal graphite based on data from IndexBox. Learn about the key countries driving the global demand for this versatile material.
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Discover the top import markets for artificial and colloidal graphite based on data from IndexBox. Learn about the key countries driving the global demand for this versatile material.
