Ester Gums Price in Nigeria - 2022
Contents:
Ester Gums Price in Nigeria (CIF) - 2022
In 2022, the average ester gums import price amounted to $638 per ton, with an increase of 14% against the previous year. In general, the import price, however, showed a abrupt contraction. The growth pace was the most rapid in 2014 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $2,949 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 China amounted to -11.9% per year.
Ester Gums Imports in Nigeria
In 2022, supplies from abroad of ester gumses decreased by -24.6% to 1.7K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a mild expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,125%. As a result, imports attained the peak of 19K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, ester gums imports shrank to $1.1M in 2022. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 674% against the previous year. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Ester Gums in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 15.1 | 1.1 | 1.1 | -18.1% |
| Others | N/A | 0.3 | 0.1 | N/A | -66.7% |
| Total | 2.0 | 15.4 | 1.2 | 1.1 | -18.1% |
Top Suppliers of Ester Gums to Nigeria in 2022:
- China (1649.0 tons)
398
This report provides an in-depth analysis of the market for rosin and resin acids in Nigeria.
757
This report provides an in-depth analysis of the global market for rosin and resin acids.
398
This report provides an in-depth analysis of the market for rosin and resin acids in Nigeria.
757
This report provides an in-depth analysis of the global market for rosin and resin acids.
678
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
688
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
678
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
688
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
