Price for Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in Nigeria - 2022

Contents:

  1. Price for Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in Nigeria (CIF) - 2022
  2. Imports of Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in Nigeria

Price for Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in Nigeria (CIF) - 2022

The average import price for organo-sulphur compounds; thiuram mono-, di- or tetrasulphideses stood at $10,729 per ton in 2022, with a decrease of -4.5% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 55% against the previous year. Over the period under review, average import prices hit record highs at $11,795 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($10,953 per ton), while the price for Brazil stood at $10,604 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.3%).

Imports of Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in Nigeria

In 2022, purchases abroad of organo-sulphur compounds; thiuram mono-, di- or tetrasulphideses decreased by -39.6% to 110 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a pronounced reduction. The pace of growth was the most pronounced in 2020 when imports increased by 131%. As a result, imports reached the peak of 281 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of organo-sulphur compounds; thiuram mono-, di- or tetrasulphideses declined significantly to $1.2M in 2022. Overall, imports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 153%. As a result, imports attained the peak of $3.2M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in Nigeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.92.72.00.7-8.0%
India0.40.5N/A0.40.0%
OthersN/AN/AN/AN/A0%
Total1.33.22.01.2-2.6%

Top Suppliers of Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides to Nigeria in 2022:

  1. Brazil (70.5 tons)
  2. India (39.6 tons)

Source: IndexBox Market Intelligence Platform

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