Price for Carbides; of Calcium, Whether or Not Chemically Defined in Nigeria - 2022
Contents:
- Price for Carbides; of Calcium, Whether or Not Chemically Defined in Nigeria (CIF) - 2022
- Price for Carbides; of Calcium, Whether or Not Chemically Defined in Nigeria (FOB) - 2022
- Imports of Carbides; of Calcium, Whether or Not Chemically Defined in Nigeria
- Exports of Carbides; of Calcium, Whether or Not Chemically Defined in Nigeria
Price for Carbides; of Calcium, Whether or Not Chemically Defined in Nigeria (CIF) - 2022
The average import price for carbides; of calcium, whether or not chemically defineds stood at $1,205 per ton in June 2022, increasing by 60% against the previous month. Over the period under review, import price indicated a prominent increase from June 2021 to June 2022: its price increased at an average monthly rate of +5.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, import price for carbides; of calcium, whether or not chemically defineds increased by +60.1% against May 2022 indices. Over the period under review, average import prices reached the maximum at $1,220 per ton in February 2022; afterwards, it flattened through to June 2022.
Average prices varied somewhat amongst the major supplying countries. In June 2022, the country with the highest price was Mexico ($1,443 per ton), while the price for China totaled $1,113 per ton.
From June 2021 to June 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carbides; of Calcium, Whether or Not Chemically Defined in Nigeria (FOB) - 2022
In 2022, the average export price for carbides; of calcium, whether or not chemically defineds amounted to $1,244 per ton, rising by 10% against the previous year. In general, the export price saw notable growth. The most prominent rate of growth was recorded in 2018 an increase of 53%. Over the period under review, the average export prices hit record highs at $1,601 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Benin ($4,806 per ton), while the average price for exports to Niger stood at $958 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Benin (+18.9%).
Imports of Carbides; of Calcium, Whether or Not Chemically Defined in Nigeria
In 2022, imports of carbides; of calcium, whether or not chemically defineds into Nigeria skyrocketed to 13K tons, increasing by 26% against 2021 figures. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.4% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 54%. As a result, imports reached the peak of 17K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of carbides; of calcium, whether or not chemically defineds skyrocketed to $16M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbides; of Calcium, Whether or Not Chemically Defined in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 8.1 | 5.9 | 6.5 | 11.4% |
| Singapore | 1.0 | 1.4 | 1.4 | 6.0 | 81.7% |
| Slovakia | 0.1 | 0.5 | 0.4 | 1.6 | 152.0% |
| India | 0.4 | 0.4 | 0.3 | 1.2 | 44.2% |
| United Kingdom | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Brazil | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| South Africa | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Others | 0.3 | 0.4 | 0.1 | 0.5 | 18.6% |
| Total | 6.7 | 10.9 | 8.4 | 16.4 | 34.8% |
Top Suppliers of Carbides; of Calcium, Whether or Not Chemically Defined to Nigeria in 2022:
- China (5.7K tons)
- Singapore (2.7K tons)
- India (1.9K tons)
- Slovakia (1.3K tons)
- Brazil (0.3K tons)
- United Kingdom (0.3K tons)
- South Africa (0.2K tons)
Exports of Carbides; of Calcium, Whether or Not Chemically Defined in Nigeria
In 2022, approx. 901 kg of carbides; of calcium, whether or not chemically defineds were exported from Nigeria; which is down by -43.4% against 2021. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 473%.
In value terms, exports of carbides; of calcium, whether or not chemically defineds contracted markedly to $1.1K in 2022. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 304%. As a result, the exports attained the peak of $1.8K, and then reduced remarkably in the following year.
| Export of Carbides; of Calcium, Whether or Not Chemically Defined in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 1,586 | 352 | 1,356 | 799 | -20.4% |
| Benin | 211 | 93.0 | 441 | 322 | 15.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,797 | 445 | 1,797 | 1,121 | -14.6% |
Top Export Markets for Carbides; of Calcium, Whether or Not Chemically Defined from Nigeria in 2022:
- Niger (834.0 kg)
- Benin (67.0 kg)
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