Price for Salts of Oxometallic or Peroxometallic Acids in Nigeria - 2022
Contents:
- Price for Salts of Oxometallic or Peroxometallic Acids in Nigeria (CIF) - 2022
- Imports of Salts of Oxometallic or Peroxometallic Acids in Nigeria
Price for Salts of Oxometallic or Peroxometallic Acids in Nigeria (CIF) - 2022
The average import price for salts of oxometallic or peroxometallic acidses stood at $6,927 per ton in 2022, surging by 9.3% against the previous year. Overall, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 175%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($13,651 per ton), while the price for Russia ($1,525 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Salts of Oxometallic or Peroxometallic Acids in Nigeria
In 2022, approx. 20 tons of salts of oxometallic or peroxometallic acidses were imported into Nigeria; jumping by 54% compared with the previous year. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 243%. As a result, imports reached the peak of 70 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of salts of oxometallic or peroxometallic acidses skyrocketed to $139K in 2022. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 94%. As a result, imports attained the peak of $162K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Salts of Oxometallic or Peroxometallic Acids in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 12.0 | 50.3 | 13.5 | 88.5 | 94.6% |
| China | 11.8 | 31.8 | 7.0 | 24.8 | 28.1% |
| Russia | N/A | N/A | N/A | 14.5 | 0% |
| Germany | 4.4 | 5.8 | 3.2 | 6.3 | 12.7% |
| Spain | 0.1 | 0.1 | 1.4 | 2.8 | 203.7% |
| United Kingdom | 12.8 | 23.1 | 14.1 | 2.6 | -41.2% |
| Netherlands | 22.8 | 24.9 | 5.3 | N/A | -51.8% |
| United States | 3.6 | 16.0 | 23.9 | N/A | 157.7% |
| Others | 16.3 | 10.3 | 14.2 | N/A | -6.7% |
| Total | 83.8 | 162 | 82.7 | 139 | 18.4% |
Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Nigeria in 2022:
- Russia (9.5 tons)
- India (6.5 tons)
- China (2.0 tons)
- Germany (1.0 tons)
- United Kingdom (0.6 tons)
- Spain (0.6 tons)
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