Price for Cyanides and Cyanide Oxides; of Sodium in Nigeria - 2022
Contents:
- Price for Cyanides and Cyanide Oxides; of Sodium in Nigeria (CIF) - 2022
- Imports of Cyanides and Cyanide Oxides; of Sodium in Nigeria
Price for Cyanides and Cyanide Oxides; of Sodium in Nigeria (CIF) - 2022
In 2022, the average import price for cyanides and cyanide oxides; of sodia amounted to $2,999 per ton, with an increase of 3.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 46%. The import price peaked at $3,681 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,168 per ton), while the price for the Czech Republic amounted to $2,988 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+15.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cyanides and Cyanide Oxides; of Sodium in Nigeria
In 2022, imports of cyanides and cyanide oxides; of sodia into Nigeria skyrocketed to 270 tons, rising by 79% compared with the year before. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 372% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of cyanides and cyanide oxides; of sodia soared to $809K in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 589%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Cyanides and Cyanide Oxides; of Sodium in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | 35.1 | 160 | 760 | 365.3% |
| China | 71.6 | 24.5 | 120 | 49.0 | -11.9% |
| India | 8.4 | 3.8 | 2.7 | N/A | -43.3% |
| Others | 2.0 | N/A | 154 | N/A | 777.5% |
| Total | 82.0 | 63.3 | 436 | 809 | 114.5% |
Top Suppliers of Cyanides and Cyanide Oxides; of Sodium to Nigeria in 2022:
- Czech Republic (254.4 tons)
- China (15.5 tons)
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This report provides an in-depth analysis of the global market for cyanides, cyanide oxides and complex cyanides.
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This report provides an in-depth analysis of the market for cyanides and cyanide oxides in Nigeria.
400
This report provides an in-depth analysis of the market for cyanides, cyanide oxides and complex cyanides in Nigeria.
375
This report provides an in-depth analysis of the global market for cyanides and cyanide oxides.
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This report provides an in-depth analysis of the global market for cyanides, cyanide oxides and complex cyanides.
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In value terms, cyanides, cyanide oxides and complex cyanides imports totaled $X in 2016. Overall, cyanides, cyanide oxides and complex cyanides imports continue to indicate a prominent increase. Ove...
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In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
1454
In value terms, cyanides, cyanide oxides and complex cyanides imports totaled $X in 2016. Overall, cyanides, cyanide oxides and complex cyanides imports continue to indicate a prominent increase. Ove...
1292
In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
