Price for Leucite; Nepheline and Nepheline Syenite in Nigeria - 2022
Contents:
- Price for Leucite; Nepheline and Nepheline Syenite in Nigeria (CIF) - 2022
- Imports of Leucite; Nepheline and Nepheline Syenite in Nigeria
Price for Leucite; Nepheline and Nepheline Syenite in Nigeria (CIF) - 2022
In 2022, the average import price for leucite; nepheline and nepheline syenites amounted to $788 per ton, with a decrease of -6.6% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, leucite; nepheline and nepheline syenite import price increased by +97.4% against 2017 indices. The growth pace was the most rapid in 2018 when the average import price increased by 44% against the previous year. The import price peaked at $844 per ton in 2021, and then shrank in the following year.
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 China ($8,196 per ton), while the price for the Netherlands ($528 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+44.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Leucite; Nepheline and Nepheline Syenite in Nigeria
In 2022, the amount of leucite; nepheline and nepheline syenites imported into Nigeria soared to 3.4 tons, surging by 71% compared with the previous year's figure. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 146%. As a result, imports reached the peak of 4.9 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, leucite; nepheline and nepheline syenite imports soared to $2.7K in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 169% against the previous year. As a result, imports reached the peak of $3.7K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Leucite; Nepheline and Nepheline Syenite in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,034 | 2,156 | 1,034 | 1,498 | 13.2% |
| China | 264 | 1,139 | 530 | 746 | 41.4% |
| Belgium | N/A | N/A | 18.0 | 165 | 816.7% |
| United Kingdom | 74.0 | 148 | 68.0 | 95.0 | 8.7% |
| Others | N/A | 246 | 38.0 | 184 | -13.5% |
| Total | 1,372 | 3,689 | 1,688 | 2,688 | 25.1% |
Top Suppliers of Leucite; Nepheline and Nepheline Syenite to Nigeria in 2022:
- Netherlands (2837.0 kg)
- Belgium (157.0 kg)
- United Kingdom (144.0 kg)
- China (91.0 kg)
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