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Nigeria - Diazo-, Azo- Or Azoxy-Compounds - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAzo- or Azoxy-Compounds Price in Nigeria - 2022
Contents:
Azo- or Azoxy-Compounds Price in Nigeria (CIF) - 2022
In May 2022, the average azo- or azoxy-compounds import price amounted to $3,834 per ton, with an increase of 57% against the previous month. Over the period under review, import price indicated a buoyant expansion from May 2021 to May 2022: its price increased at an average monthly rate of +5.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2022 figures, azo- or azoxy-compounds import price increased by +57.1% against April 2022 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In May 2022, the country with the highest price was Indonesia ($4,625 per ton), while the price for Thailand stood at $3,542 per ton.
From May 2021 to May 2022, the most notable rate of growth in terms of prices was attained by China (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Azo- or Azoxy-Compounds Imports in Nigeria
In 2022, approx. 4K tons of diazo-, azo- or azoxy-compounds were imported into Nigeria; growing by 37% on 2021. In general, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 136%. As a result, imports attained the peak of 5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, azo- or azoxy-compounds imports skyrocketed to $8.9M in 2022. Overall, imports posted buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by 108% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Azo- or Azoxy-Compounds in Nigeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 2.8 | 6.4 | 3.2 | 4.7 | 18.8% |
Thailand | 1.8 | 3.0 | 2.9 | 3.2 | 21.1% |
China | 0.4 | 1.6 | 0.5 | 0.9 | 31.0% |
Others | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
Total | 5.4 | 11.2 | 6.7 | 8.9 | 18.1% |
Top Suppliers of Azo- or Azoxy-Compounds to Nigeria in 2022:
- Indonesia (2164.5 tons)
- Thailand (1350.4 tons)
- China (428.0 tons)
This report provides an in-depth analysis of the azo- or azoxy-compounds market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20144420 - Diazo-, azo- or azoxy-compounds
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the azo- or azoxy-compounds market in Nigeria.
This report provides an in-depth analysis of the global azo- or azoxy-compounds market.
This report provides an in-depth analysis of the azo- or azoxy-compounds market in Nigeria.
This report provides an in-depth analysis of the global azo- or azoxy-compounds market.
In value terms, diazo-, azo- and azoxy-compounds imports stood at $X in 2016. Overall, diazo-, azo- and azoxy-compounds imports continue to indicate a relatively flat trend pattern. Over the period...
In value terms, diazo-, azo- and azoxy-compounds exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained consi...
In value terms, diazo-, azo- and azoxy-compounds imports stood at $X in 2016. Overall, diazo-, azo- and azoxy-compounds imports continue to indicate a relatively flat trend pattern. Over the period...
In value terms, diazo-, azo- and azoxy-compounds exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained consi...