Price for Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in Nigeria - 2022

Contents:

  1. Price for Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in Nigeria (CIF) - 2022
  2. Price for Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in Nigeria (FOB) - 2022
  3. Imports of Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in Nigeria
  4. Exports of Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in Nigeria

Price for Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in Nigeria (CIF) - 2022

The average import price for hypochlorites; commercial calcium hypochlorite and other calcium hypochloriteses stood at $1,426 per ton in 2022, rising by 22% against the previous year. In general, the import price, however, saw a slight decrease. The most prominent rate of growth was recorded in 2020 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs at $1,728 per ton in 2014; however, from 2015 to 2022, 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 Belgium ($10,518 per ton), while the price for Turkey ($338 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in Nigeria (FOB) - 2022

In 2022, the average export price for hypochlorites; commercial calcium hypochlorite and other calcium hypochloriteses amounted to $1,028 per ton, surging by 26% against the previous year. In general, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 158% against the previous year. As a result, the export price attained the peak level of $6,958 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($3,429 per ton), while the average price for exports to Benin totaled $968 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gambia (+32.0%), while the prices for the other major destinations experienced a decline.

Imports of Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in Nigeria

In 2022, supplies from abroad of hypochlorites; commercial calcium hypochlorite and other calcium hypochloriteses decreased by -66.1% to 793 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a significant decline. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. As a result, imports reached the peak of 3.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of hypochlorites; commercial calcium hypochlorite and other calcium hypochloriteses declined remarkably to $1.1M in 2022. In general, imports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2020 with an increase of 72%. As a result, imports reached the peak of $4.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7441,454770469-14.3%
China1,2441,805826374-33.0%
Hong Kong SAR249209159107-24.5%
Germany20.017732.462.145.9%
United Kingdom2.920.235.630.1118.1%
Turkey18.523.326.627.013.4%
India58.635169413.6-38.5%
Others37.033.319047.48.6%
Total2,3744,0712,7341,131-21.9%

Top Suppliers of Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites to Nigeria in 2022:

  1. China (262.5 tons)
  2. Hong Kong SAR (211.3 tons)
  3. United States (163.8 tons)
  4. Turkey (79.7 tons)
  5. United Kingdom (27.7 tons)
  6. Germany (25.9 tons)
  7. India (11.1 tons)

Exports of Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in Nigeria

Exports of hypochlorites; commercial calcium hypochlorite and other calcium hypochloriteses from Nigeria reduced remarkably to 868 kg in 2022, with a decrease of -23.2% against 2021. In general, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 87% against the previous year.

In value terms, exports of hypochlorites; commercial calcium hypochlorite and other calcium hypochloriteses contracted to $892 in 2022. Over the period under review, exports faced a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 7.6% against the previous year.

Export of Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites in Nigeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Benin963605816820-5.2%
Niger37925410872.0-42.5%
OthersN/AN/AN/AN/A0%
Total1,342859924892-12.7%

Top Export Markets for Hypochlorites; Commercial Calcium Hypochlorite and Other Calcium Hypochlorites from Nigeria in 2022:

  1. Benin (847.0 kg)
  2. Niger (21.0 kg)

Source: IndexBox Market Intelligence Platform

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