Price for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in Nigeria - 2022
Contents:
- Price for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in Nigeria (CIF) - 2022
- Price for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in Nigeria (FOB) - 2022
- Imports of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in Nigeria
- Exports of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in Nigeria
Price for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in Nigeria (CIF) - 2022
In 2022, the average import price for cellulose fibre-cement articles or the like; corrugated sheetses amounted to $704 per ton, which is down by -58.5% against the previous year. Over the period under review, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2020 an increase of 288% against the previous year. As a result, import price reached the peak level of $1,703 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($704 per ton), while the price for Germany stood at $703 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+67.2%), while the prices for the other major suppliers experienced a decline.
Price for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in Nigeria (FOB) - 2022
In 2022, the average export price for cellulose fibre-cement articles or the like; corrugated sheetses amounted to $168 per ton, remaining constant against the previous year. In general, the export price, however, faced a deep contraction. The growth pace was the most rapid in 2017 an increase of 6.2% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,088 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($187 per ton), while the average price for exports to Togo stood at $130 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+6.5%), while the prices for the other major destinations experienced a decline.
Imports of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in Nigeria
In 2022, purchases abroad of cellulose fibre-cement articles or the like; corrugated sheetses increased by 2,632% to 112 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a precipitous decrease.
In value terms, imports of cellulose fibre-cement articles or the like; corrugated sheetses skyrocketed to $79K in 2022. Overall, imports, however, faced a significant contraction.
| Import of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 90.3 | 5.7 | 0.3 | 76.7 | -5.3% |
| Germany | N/A | N/A | N/A | 1.9 | 0% |
| United Kingdom | 5.2 | 5.4 | 0.3 | N/A | -76.0% |
| South Africa | 8.7 | 12.2 | 0.9 | N/A | -67.8% |
| Taiwan (Chinese) | 12.2 | N/A | N/A | N/A | 0% |
| United States | 39.5 | 88.6 | 5.4 | N/A | -63.0% |
| Others | N/A | 2.7 | N/A | N/A | 0% |
| Total | 156 | 115 | 6.9 | 78.6 | -20.4% |
Top Suppliers of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets to Nigeria in 2022:
- China (109.0 tons)
- Germany (2.7 tons)
Exports of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in Nigeria
In 2022, overseas shipments of cellulose fibre-cement articles or the like; corrugated sheetses decreased by -4.6% to 618 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year. As a result, the exports attained the peak of 648 tons, and then reduced modestly in the following year.
In value terms, exports of cellulose fibre-cement articles or the like; corrugated sheetses fell slightly to $104K in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 7.7%. As a result, the exports reached the peak of $108K, and then declined slightly in the following year.
| Export of Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 71.3 | 75.8 | 80.2 | 75.9 | 2.1% |
| Togo | 21.1 | 24.1 | 27.4 | 27.8 | 9.6% |
| Others | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Total | 92.7 | 99.9 | 108 | 104 | 3.9% |
Top Export Markets for Cellulose Fibre-Cement Articles or the Like; Corrugated Sheets from Nigeria in 2022:
- Benin (404.9 tons)
- Togo (212.9 tons)
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