Chlorides; of Nickel Price in Nigeria - 2022
Contents:
Chlorides; of Nickel Price in Nigeria (CIF) - 2022
The average chlorides; of nickel import price stood at $349 per ton in 2022, waning by -20% against the previous year. Over the period under review, the import price faced a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 62% against the previous year. As a result, import price reached the peak level of $2,824 per ton. From 2017 to 2022, the average 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 India ($349 per ton), while the price for China stood at $349 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-11.0%).
Chlorides; of Nickel Imports in Nigeria
Chlorides; of nickel imports into Nigeria totaled 6.2 tons in 2022, growing by 6.6% against the previous year. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, chlorides; of nickel imports contracted to $2.2K in 2022. Over the period under review, imports, however, saw a deep reduction. The smallest decline of -14.8% was in 2021.
| Import of Chlorides; of Nickel in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.8 | 2.4 | 2.1 | 1.8 | -13.7% |
| China | 0.7 | 0.6 | 0.4 | 0.3 | -24.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.5 | 3.0 | 2.6 | 2.2 | -14.3% |
Top Suppliers of Chlorides; of Nickel to Nigeria in 2022:
- India (5.3 tons)
- China (1.0 tons)
390
This report provides an in-depth analysis of the chlorides market in Nigeria.
493
This report provides an in-depth analysis of the ammonium chloride market in Nigeria.
366
This report provides an in-depth analysis of the market for bromides, iodides and oxids thereof in Nigeria.
407
This report provides an in-depth analysis of the market for chloride oxides of metal in Nigeria.
449
This report provides an in-depth analysis of the global chlorides market.
834
This report provides an in-depth analysis of the global ammonium chloride market.
501
This report provides an in-depth analysis of the global market for bromides, iodides and oxids thereof.
614
This report provides an in-depth analysis of the global market for chloride oxides of metal.
390
This report provides an in-depth analysis of the chlorides market in Nigeria.
493
This report provides an in-depth analysis of the ammonium chloride market in Nigeria.
1240
In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
962
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
1240
In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
962
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
