Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Nigeria - 2023
Contents:
- Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Nigeria (CIF) - 2022
- Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Nigeria
Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Nigeria (CIF) - 2022
The average import price for glass; unworked, in tubes, of fused quartz or other fused silica stood at $1,939 per ton in 2022, shrinking by -80.2% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2014 an increase of 813% against the previous year. The import price peaked at $26,207 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($10,800 per ton), while the price for the UK ($1,697 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.6%), while the prices for the other major suppliers experienced a decline.
Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Nigeria
In 2022, approx. 1.1 tons of glass; unworked, in tubes, of fused quartz or other fused silica were imported into Nigeria; increasing by 81% compared with the previous year's figure. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 12,717% against the previous year. As a result, imports attained the peak of 5.4 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of glass; unworked, in tubes, of fused quartz or other fused silica reduced dramatically to $2.1K in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 11,716% against the previous year. As a result, imports reached the peak of $50K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 1.9 | 0.3 | 1.8 | -2.7% |
| Netherlands | 0.1 | 13.0 | 0.7 | 0.1 | 0.0% |
| China | 0.1 | 7.8 | 0.3 | N/A | 73.2% |
| Belgium | N/A | 4.8 | 0.2 | N/A | -95.8% |
| Germany | N/A | 2.7 | 0.2 | N/A | -92.6% |
| Italy | 0.1 | 4.4 | 0.3 | N/A | 73.2% |
| United States | 0.1 | 10.4 | 1.5 | N/A | 287.3% |
| Others | N/A | 4.6 | 2.3 | 0.2 | -79.1% |
| Total | 0.4 | 49.5 | 5.8 | 2.1 | 73.8% |
Top Suppliers of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica to Nigeria in 2022:
- United Kingdom (1038.0 kg)
- Italy (9.0 kg)
- Germany (7.0 kg)
- Netherlands (5.0 kg)
- United States (3.0 kg)
- Belgium (2.0 kg)
- China (2.0 kg)
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