Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nigeria - 2023
Contents:
- Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nigeria (CIF) - 2022
- Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nigeria
Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nigeria (CIF) - 2022
The average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips stood at $3,854 per ton in 2022, jumping by 66% against the previous year. Over the period under review, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 132%. As a result, import price reached the peak level of $4,164 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($15,867 per ton), while the price for China ($1,572 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nigeria
In 2022, approx. 1.3K tons of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips were imported into Nigeria; rising by 97% compared with 2021. Over the period under review, imports, however, saw a abrupt decline.
In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips surged to $5M in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,216 | 1,854 | 494 | 3,555 | 43.0% |
| China | 1,287 | 2,308 | 460 | 708 | -18.1% |
| Germany | 18.6 | 380 | 186 | 235 | 132.9% |
| India | 4.4 | 3.6 | 58.6 | 218 | 267.3% |
| Taiwan (Chinese) | 41.4 | 99.2 | 54.4 | 148 | 52.9% |
| Others | 253 | 116 | 280 | 133 | -19.3% |
| Total | 2,821 | 4,761 | 1,533 | 4,996 | 21.0% |
Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Nigeria in 2022:
- Italy (969.2 tons)
- China (450.2 tons)
- India (45.9 tons)
- Germany (37.0 tons)
- Taiwan (Chinese) (37.0 tons)
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This report provides an in-depth analysis of the unvulcanised rubber market in Nigeria.
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This report provides an in-depth analysis of the global unvulcanised rubber market.
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This report provides an in-depth analysis of the unvulcanized rubber market in Nigeria.
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This report provides an in-depth analysis of the unvulcanised rubber market in Nigeria.
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This report provides an in-depth analysis of the global unvulcanized rubber market.
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This report provides an in-depth analysis of the global unvulcanised rubber market.
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Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
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