Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Nigeria - 2022
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Nigeria (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Nigeria (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Nigeria
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Nigeria
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Nigeria (CIF) - 2022
In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $12,135 per ton, with a decrease of -14.8% against the previous year. Over the period under review, the import price, however, saw resilient growth. The pace of growth appeared the most rapid in 2013 an increase of 110% against the previous year. Over the period under review, average import prices reached the peak figure at $21,212 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($23,380 per ton), while the price for India totaled $4,926 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.1%).
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Nigeria (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $12,378 per ton, growing by 12% against the previous year. Overall, the export price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 an increase of 126% against the previous year. Over the period under review, the average export prices hit record highs at $12,979 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Benin.
From 2012 to 2022, the rate of growth in terms of prices for Benin amounted to +20.6% per year.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Nigeria
In 2022, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes into Nigeria stood at 512 kg, surging by 8% against the year before. Overall, imports, however, saw a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes declined to $6.2K in 2022. In general, imports, however, showed a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 97% against the previous year.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 11.2 | 2.4 | 0.5 | 4.7 | -25.1% |
| India | 1.7 | 1.2 | 0.2 | 1.5 | -4.1% |
| Belgium | N/A | N/A | 6.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.9 | 3.6 | 7.1 | 6.2 | -21.7% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Nigeria in 2022:
- India (312.0 kg)
- United Kingdom (200.0 kg)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Nigeria
Exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes from Nigeria expanded to 37 kg in 2022, picking up by 2.8% compared with 2021. Overall, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 33%.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes skyrocketed to $458 in 2022. In general, exports, however, saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 670 | 307 | 397 | 458 | -11.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 670 | 307 | 397 | 458 | -11.9% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Nigeria in 2022:
- Benin (37.0 kg)
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