Ketone-Alcohols and Ketone-Aldehydes Price in Nigeria - 2022

Contents:

  1. Ketone-Alcohols and Ketone-Aldehydes Price in Nigeria (CIF) - 2022
  2. Ketone-Alcohols and Ketone-Aldehydes Imports in Nigeria

Ketone-Alcohols and Ketone-Aldehydes Price in Nigeria (CIF) - 2022

In 2022, the average ketone-alcohols and ketone-aldehydes import price amounted to $1,565 per ton, with an increase of 4.9% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 an increase of 26% against the previous year. Over the period under review, average import prices reached the peak figure at $2,194 per ton in 2012; however, from 2013 to 2022, 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 Israel ($3,061 per ton), while the price for India totaled $852 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-6.5%).

Ketone-Alcohols and Ketone-Aldehydes Imports in Nigeria

In 2022, approx. 36 tons of ketone-alcohols and ketone-aldehydeses were imported into Nigeria; growing by 76% on 2021. Over the period under review, imports continue to indicate a modest increase.

In value terms, ketone-alcohols and ketone-aldehydes imports soared to $56K in 2022. Overall, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 89%. As a result, imports attained the peak of $82K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Ketone-Alcohols and Ketone-Aldehydes in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/AN/A32.10%
India39.555.625.021.5-18.4%
NetherlandsN/A9.8N/AN/A0%
Others3.816.45.42.5-13.0%
Total43.381.830.456.19.0%

Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to Nigeria in 2022:

  1. India (25.2 tons)
  2. Israel (10.5 tons)

Source: IndexBox Market Intelligence Platform

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