Nigeria - Bromides And Bromide Oxides, Iodides And Iodide Oxides - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Bromides, Iodides and Oxids Thereof in Nigeria - 2022
Contents:
- Price for Bromides, Iodides and Oxids Thereof in Nigeria (CIF) - 2022
- Price for Bromides, Iodides and Oxids Thereof in Nigeria (FOB) - 2022
- Imports of Bromides, Iodides and Oxids Thereof in Nigeria
- Exports of Bromides, Iodides and Oxids Thereof in Nigeria
Price for Bromides, Iodides and Oxids Thereof in Nigeria (CIF) - 2022
In 2022, the average import price for bromides and bromide oxides, iodides and iodide oxides amounted to $2,088 per ton, with a decrease of -4.5% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2015 an increase of 117% against the previous year. The import price peaked at $11,573 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,066 per ton), while the price for Germany ($1,419 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 (-4.3%), while the prices for the other major suppliers experienced a decline.
Price for Bromides, Iodides and Oxids Thereof in Nigeria (FOB) - 2022
The average export price for bromides and bromide oxides, iodides and iodide oxides stood at $2,634 per ton in 2022, reducing by -11.3% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 18% against the previous year. The export price peaked at $4,198 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Angola.
From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to -0.6% per year.
Imports of Bromides, Iodides and Oxids Thereof in Nigeria
Bromides, iodides and oxids thereof imports into Nigeria soared to 2.6K tons in 2022, growing by 145% on 2021. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 993% against the previous year. As a result, imports reached the peak of 5.7K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, bromides, iodides and oxids thereof imports skyrocketed to $5.3M in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 842%. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Bromides, Iodides and Oxids Thereof in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 848 | 8,189 | 414 | 2,235 | 38.1% |
China | 148 | 1,587 | 542 | 1,132 | 97.0% |
India | 219 | 250 | 139 | 564 | 37.1% |
United Kingdom | 5.9 | 68.4 | 292 | 360 | 293.7% |
Germany | 73.5 | 648 | 246 | 338 | 66.3% |
Others | 21.9 | 1,659 | 645 | 704 | 218.0% |
Total | 1,316 | 12,401 | 2,280 | 5,332 | 59.4% |
Top Suppliers of Bromides, Iodides and Oxids Thereof to Nigeria in 2022:
- United States (1165.5 tons)
- China (754.6 tons)
- Germany (238.3 tons)
- India (183.8 tons)
- United Kingdom (172.7 tons)
Exports of Bromides, Iodides and Oxids Thereof in Nigeria
Bromides, iodides and oxids thereof exports from Nigeria fell to 1.8 tons in 2022, approximately mirroring the previous year's figure. In general, exports saw a noticeable descent.
In value terms, bromides, iodides and oxids thereof exports shrank to $4.7K in 2022. Overall, exports continue to indicate a abrupt shrinkage.
Export of Bromides, Iodides and Oxids Thereof in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Angola | 7.3 | 6.2 | 5.3 | 4.7 | -13.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 7.3 | 6.2 | 5.3 | 4.7 | -13.7% |
Top Export Markets for Bromides, Iodides and Oxids Thereof from Nigeria in 2022:
- Angola (1.8 tons)
This report provides an in-depth analysis of the market for bromides, iodides and oxids thereof in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20133170 - Bromides and bromide oxides, iodides and iodide oxides
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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