Alcohols; Polyhydric, Mannitol Price in Nigeria - 2022

Contents:

  1. Alcohols; Polyhydric, Mannitol Price in Nigeria (CIF) - 2022
  2. Alcohols; Polyhydric, Mannitol Imports in Nigeria

Alcohols; Polyhydric, Mannitol Price in Nigeria (CIF) - 2022

The average alcohols; polyhydric, mannitol import price stood at $2,274 per ton in 2022, with a decrease of -34.6% against the previous year. Overall, the import price, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2013 an increase of 131%. The import price peaked at $5,395 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to -5.7% per year.

Alcohols; Polyhydric, Mannitol Imports in Nigeria

In 2022, supplies from abroad of alcohols; polyhydric, mannitol was finally on the rise to reach 10K tons after two years of decline. In general, imports, however, saw a perceptible slump.

In value terms, alcohols; polyhydric, mannitol imports soared to $24M in 2022. Overall, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Polyhydric, Mannitol in Nigeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.17.50.64.4-30.5%
Indonesia0.20.1N/AN/A-50.0%
TurkeyN/A0.2N/AN/A0%
Others0.60.20.519.2217.5%
Total13.98.01.123.719.5%

Top Suppliers of Alcohols; Polyhydric, Mannitol to Nigeria in 2022:

  1. China (1.9K tons)

Source: IndexBox Market Intelligence Platform

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