Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Nigeria - 2022

Contents:

  1. Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Nigeria (CIF) - 2022
  2. Imports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Nigeria

Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Nigeria (CIF) - 2022

In 2022, the average import price for organo-sulphur compounds; thiocarbamates and dithiocarbamateses amounted to $2,197 per ton, dropping by -5.2% against the previous year. In general, the import price recorded a mild reduction. The most prominent rate of growth was recorded in 2013 an increase of 37%. The import price peaked at $4,056 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 Singapore ($6,423 per ton), while the price for Saudi Arabia ($794 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.

Imports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Nigeria

In 2022, supplies from abroad of organo-sulphur compounds; thiocarbamates and dithiocarbamateses was finally on the rise to reach 111 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt shrinkage.

In value terms, organo-sulphur compounds; thiocarbamates and dithiocarbamates imports soared to $243K in 2022. Overall, imports, however, recorded a abrupt downturn.

Import of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia81.859.360.054.3-12.8%
Germany54.776.216.346.0-5.6%
SingaporeN/AN/AN/A38.20%
Italy3.75.218.918.370.4%
Spain20.115.616.816.2-6.9%
China37.740.834.611.2-33.3%
Others11478.863.158.6-19.9%
Total312276210243-8.0%

Top Suppliers of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates to Nigeria in 2022:

  1. Saudi Arabia (68.4 tons)
  2. Italy (8.5 tons)
  3. Spain (8.3 tons)
  4. Germany (8.2 tons)
  5. Singapore (6.0 tons)
  6. China (2.3 tons)

Source: IndexBox Market Intelligence Platform

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