Price for Chloride Oxides and Chloride Hydroxides; Other than of Copper in Nigeria - 2022
Contents:
- Price for Chloride Oxides and Chloride Hydroxides; Other than of Copper in Nigeria (CIF) - 2022
- Imports of Chloride Oxides and Chloride Hydroxides; Other than of Copper in Nigeria
Price for Chloride Oxides and Chloride Hydroxides; Other than of Copper in Nigeria (CIF) - 2022
In 2022, the average import price for chloride oxides and chloride hydroxides; other than of coppers amounted to $1,428 per ton, shrinking by -39.2% against the previous year. In general, the import price showed a deep reduction. The growth pace was the most rapid in 2020 when the average import price increased by 363%. The import price peaked at $2,581 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the United States ($5,810 per ton), while the price for China ($835 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 (+7.8%), while the prices for the other major suppliers experienced a decline.
Imports of Chloride Oxides and Chloride Hydroxides; Other than of Copper in Nigeria
Imports of chloride oxides and chloride hydroxides; other than of coppers into Nigeria surged to 507 tons in 2022, picking up by 73% on the previous year. Overall, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1,079% against the previous year.
In value terms, imports of chloride oxides and chloride hydroxides; other than of coppers expanded to $724K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,247%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Chloride Oxides and Chloride Hydroxides; Other than of Copper in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 108 | 8.6 | 143 | 378 | 51.8% |
| China | 65.5 | 5.4 | 75.8 | 327 | 70.9% |
| Switzerland | N/A | N/A | N/A | 14.5 | 0% |
| United States | 2.9 | 32.8 | 301 | 1.6 | -18.0% |
| Belgium | 24.0 | 1.0 | 24.6 | N/A | 1.2% |
| India | 61.4 | 1.9 | 129 | N/A | 44.9% |
| Egypt | 83.3 | N/A | N/A | N/A | 0% |
| Others | 16.2 | 1.5 | 16.6 | 2.3 | -47.8% |
| Total | 362 | 51.2 | 690 | 724 | 26.0% |
Top Suppliers of Chloride Oxides and Chloride Hydroxides; Other than of Copper to Nigeria in 2022:
- China (391.8 tons)
- South Africa (104.9 tons)
- Switzerland (9.6 tons)
- United States (0.3 tons)
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In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
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