Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Nigeria - 2022

Contents:

  1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Nigeria (CIF) - 2022
  2. Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Nigeria

Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Nigeria (CIF) - 2022

The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $1,581 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price saw a deep contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 88% against the previous year. The import price peaked at $4,300 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +38.8% per year.

Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Nigeria

In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes imported into Nigeria declined sharply to 18 tons, shrinking by -50% compared with the year before. In general, imports recorded a dramatic decrease.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes reduced dramatically to $29K in 2022. Overall, imports continue to indicate a precipitous descent. The smallest decline of -0.7% was in 2020.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain59.129.358.729.0-21.1%
BelgiumN/A29.6N/AN/A0%
Others0.60.30.2N/A-42.3%
Total59.759.358.929.0-21.4%

Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Nigeria in 2022:

  1. Spain (18.4 tons)

Source: IndexBox Market Intelligence Platform

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