Mullite Price in Nigeria - 2022
Contents:
Mullite Price in Nigeria (CIF) - 2022
The average mullite import price stood at $582 per ton in 2022, falling by -7.9% against the previous year. Overall, the import price, however, posted a notable increase. The most prominent rate of growth was recorded in 2020 an increase of 69%. The import price peaked at $1,353 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.4% per year.
Mullite Imports in Nigeria
In 2022, mullite imports into Nigeria declined markedly to 53 tons, waning by -42.6% compared with 2021. Over the period under review, imports, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. As a result, imports reached the peak of 92 tons, and then dropped markedly in the following year.
In value terms, mullite imports fell remarkably to $31K in 2022. In general, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 61%.
| Import of Mullite in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.3 | 24.5 | 37.8 | 30.9 | 35.9% |
| Turkey | 14.1 | 18.0 | 20.7 | N/A | 21.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 26.4 | 42.5 | 58.5 | 30.9 | 5.4% |
Top Suppliers of Mullite to Nigeria in 2022:
- China (53.0 tons)
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