Glass Fibre Voiles Price in Nigeria - 2021
Contents:
Glass Fibre Voiles Price in Nigeria (CIF) - 2022
In 2022, the average glass fibre voiles import price amounted to $1,728 per ton, shrinking by -49% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 58% against the previous year. As a result, import price reached the peak level of $7,421 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($27,730 per ton), while the price for China ($1,118 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1,513.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Fibre Voiles Imports in Nigeria
In 2022, overseas purchases of glass fibre voiles were finally on the rise to reach 4.6 tons after two years of decline. Overall, imports, however, saw a dramatic decline.
In value terms, glass fibre voiles imports skyrocketed to $7.9K in 2022. Over the period under review, imports, however, continue to indicate a sharp shrinkage.
Import of Glass Fibre Voiles in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.0 | 5.4 | 1.1 | 3.9 | -17.7% |
South Africa | 9.5 | 5.2 | 0.7 | 2.1 | -39.5% |
Turkey | 6.3 | 2.0 | 0.1 | 1.1 | -44.1% |
Germany | 1.4 | 0.3 | 0.1 | 0.5 | -29.1% |
United Arab Emirates | 0.5 | 0.2 | N/A | 0.1 | -41.5% |
Others | 0.2 | 0.4 | 0.1 | 0.2 | 0.0% |
Total | 24.9 | 13.5 | 2.2 | 7.9 | -31.8% |
Top Suppliers of Glass Fibre Voiles to Nigeria in 2022:
- China (3466.0 kg)
- Turkey (788.0 kg)
- Germany (112.0 kg)
- South Africa (74.0 kg)
- United Arab Emirates (72.0 kg)
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