Fluorine; Bromine Price in Nigeria - 2022
Contents:
Fluorine; Bromine Price in Nigeria (CIF) - 2022
The average fluorine; bromine import price stood at $6,099 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price showed a perceptible setback. The pace of growth appeared the most rapid in 2017 an increase of 96% against the previous year. The import price peaked at $11,791 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($41,404 per ton), while the price for India ($5,795 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Fluorine; Bromine Imports in Nigeria
In 2022, overseas purchases of fluorine; bromines increased by 6.6% to 81 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt downturn.
In value terms, fluorine; bromine imports stood at $494 in 2022. Overall, imports, however, showed a pronounced decrease.
| Import of Fluorine; Bromine in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 461 | 437 | 412 | 446 | -1.1% |
| United Kingdom | 59.0 | 44.0 | 33.0 | 29.0 | -21.1% |
| Others | 52.0 | 38.0 | 25.0 | 19.0 | -28.5% |
| Total | 572 | 519 | 470 | 494 | -4.8% |
Top Suppliers of Fluorine; Bromine to Nigeria in 2022:
- India (77.0 kg)
- United Kingdom (4.0 kg)
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