Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Nigeria - 2022
Contents:
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Nigeria (CIF) - 2022
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Nigeria (FOB) - 2022
- Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Nigeria
- Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Nigeria
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Nigeria (CIF) - 2022
In 2022, the average sulphates; alums; peroxosulphates (persulphates) import price amounted to $378 per ton, with an increase of 73% against the previous year. In general, the import price, however, saw a slight slump. Over the period under review, average import prices hit record highs at $516 per ton in 2013; however, from 2014 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 Romania ($349 per ton), while the price for Turkey ($163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+2.8%), while the prices for the other major suppliers experienced a decline.
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Nigeria (FOB) - 2022
The average sulphates; alums; peroxosulphates (persulphates) export price stood at $1,044 per ton in 2022, surging by 20% against the previous year. Over the period under review, the export price enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2017 an increase of 368% against the previous year. The export price peaked at $2,939 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($1,296 per ton), while the average price for exports to Niger totaled $540 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+4.4%).
Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Nigeria
After three years of growth, supplies from abroad of sulphates; alums; peroxosulphates (persulphates)s decreased by -6.9% to 218K tons in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 53%.
In value terms, sulphates; alums; peroxosulphates (persulphates) imports surged to $82M in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.1 | 40.2 | 43.1 | 63.4 | 46.7% |
| Turkey | 0.7 | 1.4 | 0.7 | 2.8 | 58.7% |
| Spain | 1.7 | 0.1 | 2.9 | 0.4 | -38.3% |
| Others | 6.6 | 7.5 | 4.5 | 15.8 | 33.8% |
| Total | 29.2 | 49.3 | 51.2 | 82.4 | 41.3% |
Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Nigeria in 2022:
- China (186.2K tons)
- Turkey (17.5K tons)
- Spain (2.1K tons)
Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Nigeria
In 2022, shipments abroad of sulphates; alums; peroxosulphates (persulphates)s was finally on the rise to reach 3.6 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a deep contraction.
In value terms, sulphates; alums; peroxosulphates (persulphates) exports soared to $3.8K in 2022. Overall, exports, however, saw a precipitous decrease.
| Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 10.4 | 5.6 | 0.9 | 3.0 | -33.9% |
| Niger | 1.4 | 0.9 | 0.2 | 0.7 | -20.6% |
| Benin | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Sweden | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.0 | 6.5 | 1.1 | 3.8 | -31.8% |
Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Nigeria in 2022:
- Ghana (2346.0 kg)
- Niger (1239.0 kg)
- Benin (49.0 kg)
485
This report provides an in-depth analysis of the alums market in Nigeria.
433
This report provides an in-depth analysis of the peroxosulphates market in Nigeria.
429
This report provides an in-depth analysis of the market for barium or aluminium sulphates in Nigeria.
139
This report provides an in-depth analysis of the sulphates market in Nigeria.
465
This report provides an in-depth analysis of the market for belt type continuous-action elevator and conveyor in Nigeria.
472
This report provides an in-depth analysis of the global alums market.
483
This report provides an in-depth analysis of the global peroxosulphates market.
597
This report provides an in-depth analysis of the global market for barium or aluminium sulphates.
143
This report provides an in-depth analysis of the global sulphates market.
526
This report provides an in-depth analysis of the global market for belt type continuous-action elevator and conveyor.
1129
In value terms, sulphates, alums and peroxosulphates imports totaled $X in 2016. In general, sulphates, alums and peroxosulphates imports continue to indicate a relatively flat trend pattern. Globa...
806
In value terms, sulphates, alums and peroxosulphates exports amounted to $X in 2016. Overall, sulphates, alums and peroxosulphates exports continue to indicate a relatively flat trend pattern. Over...
99
Explore the top 10 countries by import value of sulphates in 2023. Learn about the key players in the global sulphates market.
103
Explore the top import markets for Belt Type Continuous-Action Elevator and Conveyor, including the United States, Germany, Mexico, and more. Learn about the growing demand for this equipment in various industries.
1129
In value terms, sulphates, alums and peroxosulphates imports totaled $X in 2016. In general, sulphates, alums and peroxosulphates imports continue to indicate a relatively flat trend pattern. Globa...
806
In value terms, sulphates, alums and peroxosulphates exports amounted to $X in 2016. Overall, sulphates, alums and peroxosulphates exports continue to indicate a relatively flat trend pattern. Over...
99
Explore the top 10 countries by import value of sulphates in 2023. Learn about the key players in the global sulphates market.
