Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Nigeria - 2023
Contents:
- Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Nigeria (CIF) - 2022
- Imports of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Nigeria
Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Nigeria (CIF) - 2022
The average import price for organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses stood at $4,313 per ton in 2022, which is down by -1.5% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 19%. Over the period under review, average import prices attained the peak figure at $5,877 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Germany ($40,604 per ton), while the price for China ($2,190 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+50.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Nigeria
After two years of decline, purchases abroad of organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses increased by 37% to 476 tons in 2022. In general, imports, however, showed a drastic downturn.
In value terms, imports of organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses soared to $2.1M in 2022. Overall, imports, however, showed a deep setback.
| Import of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 206 | 422 | 321 | 532 | 37.2% |
| United Kingdom | 196 | 510 | 7.4 | 407 | 27.6% |
| China | 711 | 18.2 | 555 | 399 | -17.5% |
| Germany | 109 | 67.9 | 353 | 358 | 48.6% |
| United Arab Emirates | N/A | N/A | N/A | 160 | 0% |
| Netherlands | 1,124 | 640 | 166 | 156 | -48.2% |
| Belgium | 13.0 | 523 | 1.4 | N/A | -67.2% |
| France | 539 | 53.3 | 5.9 | N/A | -89.5% |
| Others | 570 | 111 | 113 | 39.6 | -58.9% |
| Total | 3,468 | 2,346 | 1,523 | 2,051 | -16.1% |
Top Suppliers of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds to Nigeria in 2022:
- China (182.3 tons)
- India (120.9 tons)
- United Kingdom (96.5 tons)
- Netherlands (41.0 tons)
- United Arab Emirates (23.2 tons)
- Germany (8.8 tons)
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