Price for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Nigeria - 2022
Contents:
- Price for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Nigeria (CIF) - 2022
- Imports of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Nigeria
Price for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Nigeria (CIF) - 2022
The average import price for vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses stood at $2,389 per ton in 2022, picking up by 5.9% against the previous year. Overall, the import price enjoyed a notable increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 61% against the previous year. Over the period under review, average import prices hit record highs at $3,107 per ton in 2015; however, from 2016 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 Taiwan (Chinese) ($2,633 per ton), while the price for China totaled $827 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Nigeria
In 2022, overseas purchases of vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses decreased by -19.2% to 49 tons, falling for the second year in a row after two years of growth. Overall, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 471% against the previous year. As a result, imports reached the peak of 171 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses declined to $117K in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 538%. As a result, imports attained the peak of $273K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 9.8 | 195 | 91.6 | 111 | 124.6% |
| China | 19.0 | 45.8 | 19.3 | 5.5 | -33.8% |
| United States | 8.4 | 24.6 | 18.9 | N/A | 50.0% |
| Others | 5.5 | 7.6 | 6.6 | N/A | 9.5% |
| Total | 42.8 | 273 | 136 | 117 | 39.8% |
Top Suppliers of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms to Nigeria in 2022:
- Taiwan (Chinese) (42.2 tons)
- China (6.6 tons)
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