Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Nigeria - 2022

Contents:

  1. Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Nigeria (CIF) - 2022
  2. Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Nigeria

Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Nigeria (CIF) - 2022

In 2022, the average import price for halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses amounted to $236,182 per ton, rising by 63% against the previous year. In general, the import price enjoyed a significant increase. The growth pace was the most rapid in 2019 an increase of 1,232% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($516,000 per ton), while the price for Ghana ($106,000 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by France (+83.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Nigeria

In 2022, overseas purchases of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses decreased by -68.6% to 11 kg, falling for the second year in a row after two years of growth. Overall, imports saw a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year. As a result, imports reached the peak of 406 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses contracted significantly to $2.6K in 2022. In general, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 116% against the previous year. As a result, imports reached the peak of $27K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A3.7N/A1.4-38.5%
India10.8N/AN/A0.6-61.8%
Taiwan (Chinese)N/AN/AN/A0.50%
GhanaN/AN/AN/A0.10%
FranceN/A22.95.1N/A-77.7%
United Arab EmiratesN/A0.2N/AN/A0%
Turkey1.6N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total12.426.85.12.6-40.6%

Top Suppliers of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms to Nigeria in 2022:

  1. United States (7.0 kg)
  2. India (2.0 kg)
  3. Ghana (1.0 kg)
  4. Taiwan (Chinese) (1.0 kg)
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