Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Nigeria - 2022
Contents:
- Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Nigeria (CIF) - 2022
- Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Nigeria (FOB) - 2022
- Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Nigeria
- Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Nigeria
Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Nigeria (CIF) - 2022
In 2022, the average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $643 per ton, declining by -8.6% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates increased by +77.8% against 2015 indices. The most prominent rate of growth was recorded in 2013 an increase of 42% against the previous year. The import price peaked at $704 per ton in 2021, and then contracted in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +11.8% per year.
Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Nigeria (FOB) - 2022
The average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $733 per ton in 2022, picking up by 16% against the previous year. In general, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 106% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($10,000 per ton), while the average price for exports to Togo ($136 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+44.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Nigeria
Imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates into Nigeria surged to 241K tons in 2022, growing by 68% against the previous year. Overall, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 90%. As a result, imports reached the peak of 384K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates soared to $155M in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 159% against the previous year. As a result, imports reached the peak of $219M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.1 | 0.1 | 0.1 | 155 | 1057.3% |
| Bulgaria | 8.6 | 19.5 | 14.0 | N/A | 27.6% |
| China | 39.1 | 98.3 | 36.0 | N/A | -4.0% |
| Malaysia | 1.0 | 48.1 | 1.3 | N/A | 14.0% |
| United States | 8.9 | 2.1 | 0.1 | N/A | -89.4% |
| Indonesia | 5.8 | 16.7 | 9.8 | N/A | 30.0% |
| Turkey | 4.5 | 7.7 | 11.1 | N/A | 57.1% |
| Others | 16.7 | 26.9 | 28.7 | N/A | 31.1% |
| Total | 84.7 | 219 | 101 | 155 | 22.3% |
Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Nigeria in 2022:
- United Arab Emirates (240.6K tons)
Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Nigeria
In 2022, overseas shipments of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates were finally on the rise to reach 119 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a deep downturn.
In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates surged to $88K in 2022. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year. As a result, the exports reached the peak of $118K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 48.2 | 28.4 | 33.7 | 78.6 | 17.7% |
| Niger | 7.2 | 13.3 | 3.5 | 5.3 | -9.7% |
| Togo | N/A | N/A | N/A | 1.7 | 0% |
| Russia | N/A | 76.1 | N/A | N/A | 0% |
| Mauritania | N/A | N/A | 19.5 | N/A | 0% |
| Ghana | 4.0 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.3 | 0.3 | 1.9 | 39.5% |
| Total | 60.1 | 118 | 57.1 | 87.6 | 13.4% |
Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Nigeria in 2022:
- Benin (94.0 tons)
- Togo (12.6 tons)
- Niger (12.3 tons)
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