![Report Nigeria - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends and Insights for 499$](/landing/img/reports/nigeria-hydrogen-chloride-hydrochloric-acid-market-analysis-forecast-size-trends-and-insights.webp)
Nigeria - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingNigeria: Hydrogen Chloride Market 2024
Hydrogen Chloride Market Size in Nigeria
After three years of growth, the Nigerien hydrogen chloride market decreased by X% to $X in 2023. Overall, consumption, however, posted a strong expansion. Hydrogen chloride consumption peaked at $X in 2022, and then contracted markedly in the following year.
Hydrogen Chloride Production in Nigeria
In value terms, hydrogen chloride production declined sharply to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a noticeable expansion. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2022, and then contracted rapidly in the following year.
Hydrogen Chloride Exports
Exports from Nigeria
Hydrogen chloride exports from Nigeria was estimated at X tons in 2023, approximately equating 2022 figures. Over the period under review, exports continue to indicate significant growth. The smallest decline of X% was in 2022. The exports peaked in 2023 and are likely to see steady growth in the near future.
In value terms, hydrogen chloride exports stood at $X in 2023. In general, exports faced a sharp setback. The smallest decline of X% was in 2022. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
Exports by Country
Benin (X tons) was the main destination for hydrogen chloride exports from Nigeria, accounting for a approx. X% share of total exports.
From 2021 to 2023, the average annual growth rate of volume to Benin stood at X%.
From 2021 to 2023, the average annual growth rate of value to Benin totaled X%.
Export Prices by Country
In 2023, the average hydrogen chloride export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price saw a sharp reduction. The pace of growth was the most pronounced in 2022 a decrease of X%. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Benin.
From 2021 to 2023, the rate of growth in terms of prices for Benin amounted to X% per year.
Hydrogen Chloride Imports
Imports into Nigeria
In 2023, after two years of decline, there was significant growth in supplies from abroad of hydrogen chloride (hydrochloric acid), when their volume increased by X% to X tons. Overall, imports recorded strong growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.
In value terms, hydrogen chloride imports expanded sharply to $X in 2023. Over the period under review, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2023 and are likely to see steady growth in the immediate term.
Imports by Country
In 2023, India (X tons) constituted the largest hydrogen chloride supplier to Nigeria, with a X% share of total imports. Moreover, hydrogen chloride imports from India exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and the United Arab Emirates (X% per year).
In value terms, the largest hydrogen chloride suppliers to Nigeria were India ($X), Pakistan ($X) and the United Arab Emirates ($X), together comprising X% of total imports.
Among the main suppliers, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average hydrogen chloride import price stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2022, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the hydrogen chloride market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132413 - Hydrogen chloride (hydrochloric acid)
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
Recommended reports
This report provides an in-depth analysis of the hydrogen chloride market in Asia.
This report provides an in-depth analysis of the hydrogen chloride market in the U.S..
This report provides an in-depth analysis of the hydrogen chloride market in China.
This report provides an in-depth analysis of the hydrogen chloride market in the EU.
This report provides an in-depth analysis of the global hydrogen chloride market.
- Market Research in Nigeria
- Hydrogen Chloride Price Nigeria
- Hydrogen Chloride Market
- Crude Glycerol Market
- Denatured Ethyl Alcohol Market
- Roasted Iron Pyrites Market
- Benzol Market
- Aromatic Hydrocarbon Mixtures Market
- Oils From Coal Tar Market
- Organo-Sulphur Compounds and Other Organo-Inorganic Compounds Market