Price for Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground in Nigeria - 2022

Contents:

  1. Price for Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground in Nigeria (CIF) - 2022
  2. Price for Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground in Nigeria (FOB) - 2022
  3. Imports of Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground in Nigeria
  4. Exports of Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground in Nigeria

Price for Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground in Nigeria (CIF) - 2022

In 2022, the average import price for natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk; ground amounted to $176 per ton, dropping by -42.9% against the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 127% against the previous year. Over the period under review, average import prices hit record highs at $921 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 India ($1,006 per ton), while the price for Egypt stood at $372 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+70.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground in Nigeria (FOB) - 2022

The average export price for natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk; ground stood at $554 per ton in 2022, increasing by 20% against the previous year. Overall, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 465%. The export price peaked at $1,153 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Benin.

From 2012 to 2022, the rate of growth in terms of prices for Benin amounted to +13.5% per year.

Imports of Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground in Nigeria

In 2022, after three years of growth, there was significant decline in overseas purchases of natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk; ground, when their volume decreased by -78.6% to 164 tons. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,311%. As a result, imports attained the peak of 766 tons, and then reduced sharply in the following year.

In value terms, imports of natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk; ground fell sharply to $146K in 2022. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 698% against the previous year. As a result, imports reached the peak of $225K, and then reduced sharply in the following year.

Import of Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India20.418.850.513587.7%
Egypt2.92.46.211.156.4%
SwedenN/AN/A35.2N/A0%
FranceN/AN/A118N/A0%
GhanaN/A3.114.8N/A377.4%
OthersN/A3.9N/AN/A0%
Total23.328.122514684.4%

Top Suppliers of Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground to Nigeria in 2022:

  1. India (134.2 tons)
  2. Egypt (29.8 tons)

Exports of Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground in Nigeria

In 2022, the amount of natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk; ground exported from Nigeria totaled 925 kg, flattening at 2021 figures. In general, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports attained the peak of 1.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk; ground surged to $512 in 2022. Overall, exports, however, continue to indicate a precipitous shrinkage.

Export of Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground in Nigeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Benin11549642451264.5%
China908N/AN/AN/A0%
United Arab EmiratesN/A121N/AN/A0%
OthersN/A108N/AN/A0%
Total1,023725424512-20.6%

Top Export Markets for Natural Calcium Phosphates, Natural Aluminium Calcium Phosphates and Phosphatic Chalk; Ground from Nigeria in 2022:

  1. Benin (925.0 kg)

Source: IndexBox Market Intelligence Platform

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