Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Nigeria - 2022
Contents:
- Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Nigeria (CIF) - 2022
- Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Nigeria
Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Nigeria (CIF) - 2022
In 2022, the average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $3,148 per ton, shrinking by -63.3% against the previous year. Overall, the import price, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 202%. The import price peaked at $12,714 per ton in 2016; however, from 2017 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 UK ($20,248 per ton), while the price for China ($2,651 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.2%), while the prices for the other major suppliers experienced a decline.
Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Nigeria
In 2022, overseas purchases of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 were finally on the rise to reach 5.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a dramatic decrease.
In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 reduced dramatically to $17K in 2022. In general, imports, however, faced a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 4.2% against the previous year.
Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 7.5 | 36.1 | 1.8 | 24.1 | 47.6% |
India | 27.4 | 3.6 | 22.0 | 11.7 | -24.7% |
China | 6.0 | 2.8 | 17.7 | 7.6 | 8.2% |
Others | N/A | N/A | 2.7 | -26.6 | -1085.2% |
Total | 40.8 | 42.5 | 44.2 | 16.7 | -25.8% |
Top Suppliers of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 to Nigeria in 2022:
- India (3.7 tons)
- China (2.9 tons)
- United Kingdom (1.2 tons)
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