Price for Aluminium; Powders of Lamellar Structure, Flakes in Nigeria - 2023
Contents:
- Price for Aluminium; Powders of Lamellar Structure, Flakes in Nigeria (CIF) - 2022
- Imports of Aluminium; Powders of Lamellar Structure, Flakes in Nigeria
Price for Aluminium; Powders of Lamellar Structure, Flakes in Nigeria (CIF) - 2022
In 2022, the average import price for aluminium; powders of lamellar structure, flakeses amounted to $3,541 per ton, shrinking by -9.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 37% against the previous year. Over the period under review, average import prices hit record highs at $5,154 per ton in 2015; however, from 2016 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 ($6,726 per ton), while the price for China ($437 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 (+14.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Aluminium; Powders of Lamellar Structure, Flakes in Nigeria
For the third consecutive year, Nigeria recorded decline in purchases abroad of aluminium; powders of lamellar structure, flakeses, which decreased by -12% to 235 tons in 2022. In general, imports recorded a dramatic contraction. The smallest decline of -3.6% was in 2021.
In value terms, imports of aluminium; powders of lamellar structure, flakeses reduced remarkably to $834K in 2022. Overall, imports showed a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year.
| Import of Aluminium; Powders of Lamellar Structure, Flakes in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 393 | 681 | 933 | 627 | 16.8% |
| United States | 42.0 | 118 | 74.6 | 124 | 43.5% |
| Kenya | N/A | N/A | N/A | 31.3 | 0% |
| Germany | 23.0 | 22.2 | 24.2 | 23.0 | 0.0% |
| Italy | 8.9 | 2.5 | 10.5 | 16.5 | 22.8% |
| China | 738 | 23.5 | 1.4 | 9.5 | -76.6% |
| Others | 10.4 | 5.8 | 3.9 | 2.6 | -37.0% |
| Total | 1,215 | 852 | 1,047 | 834 | -11.8% |
Top Suppliers of Aluminium; Powders of Lamellar Structure, Flakes to Nigeria in 2022:
- India (141.3 tons)
- Germany (31.7 tons)
- China (21.7 tons)
- United States (18.4 tons)
- Kenya (17.8 tons)
- Italy (3.7 tons)
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This report provides an in-depth analysis of the aluminium powder market in Nigeria.
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Global Aluminium Powder Market Report 2018. This report provides an in-depth analysis of the global aluminium powder market.
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