Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Nigeria - 2023
Contents:
- Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Nigeria (CIF) - 2022
- Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Nigeria (FOB) - 2022
- Imports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Nigeria
- Exports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Nigeria
Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Nigeria (CIF) - 2022
The average import price for colouring matter; inorganic products of a kind used as luminophoreses stood at $5,342 per ton in 2022, jumping by 49% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 83% against the previous year. As a result, import price reached the peak level of $12,633 per ton. From 2016 to 2022, the average import prices remained at a 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 Germany ($66,368 per ton), while the price for China ($3,540 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Nigeria (FOB) - 2022
In 2022, the average export price for colouring matter; inorganic products of a kind used as luminophoreses amounted to $1,565 per ton, rising by 58% against the previous year. Overall, the export price showed a perceptible increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Niger.
From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to +3.4% per year.
Imports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Nigeria
In 2022, imports of colouring matter; inorganic products of a kind used as luminophoreses into Nigeria shrank remarkably to 27 tons, reducing by -60.4% compared with the previous year's figure. Over the period under review, imports, however, posted tangible growth. The growth pace was the most rapid in 2021 when imports increased by 190%. As a result, imports reached the peak of 67 tons, and then declined rapidly in the following year.
In value terms, imports of colouring matter; inorganic products of a kind used as luminophoreses reduced sharply to $142K in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 267% against the previous year. As a result, imports attained the peak of $239K, and then dropped dramatically in the following year.
| Import of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.5 | 19.1 | 75.1 | 53.2 | 62.1% |
| United Kingdom | 35.3 | 26.7 | 105 | 52.7 | 14.3% |
| India | 25.3 | 18.6 | 57.2 | 34.3 | 10.7% |
| Others | 1.1 | 0.7 | 2.1 | 1.3 | 5.7% |
| Total | 74.3 | 65.1 | 239 | 142 | 24.1% |
Top Suppliers of Colouring Matter; Inorganic Products of A Kind Used As Luminophores to Nigeria in 2022:
- China (15.0 tons)
- United Kingdom (6.9 tons)
- India (4.5 tons)
Exports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Nigeria
In 2022, exports of colouring matter; inorganic products of a kind used as luminophoreses from Nigeria dropped dramatically to 168 kg, which is down by -83.4% on the previous year's figure. Overall, exports showed a dramatic decrease. The smallest decline of -13.9% was in 2020.
In value terms, exports of colouring matter; inorganic products of a kind used as luminophoreses reduced remarkably to $263 in 2022. Over the period under review, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 8.1% against the previous year.
| Export of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 861 | 931 | 1,002 | 263 | -32.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 861 | 931 | 1,002 | 263 | -32.7% |
Top Export Markets for Colouring Matter; Inorganic Products of A Kind Used As Luminophores from Nigeria in 2022:
- Niger (168.0 kg)
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