Price for Alkali Metals; Other than Sodium in Nigeria - 2022
Contents:
- Price for Alkali Metals; Other than Sodium in Nigeria (FOB) - 2022
- Price for Alkali Metals; Other than Sodium in Nigeria (CIF) - 2022
- Exports of Alkali Metals; Other than Sodium in Nigeria
- Imports of Alkali Metals; Other than Sodium in Nigeria
Price for Alkali Metals; Other than Sodium in Nigeria (FOB) - 2022
In 2022, the average export price for alkali metals; other than sodia amounted to $13,698 per ton, picking up by 1,724% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($193,237 per ton), while the average price for exports to the Netherlands ($244 per ton) was amongst the lowest.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3,383.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Alkali Metals; Other than Sodium in Nigeria (CIF) - 2022
The average import price for alkali metals; other than sodia stood at $42,571 per ton in 2022, surging by 239% against the previous year. In general, the import price posted a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +12.0% per year.
Exports of Alkali Metals; Other than Sodium in Nigeria
In 2022, exports of alkali metals; other than sodia from Nigeria soared to 330 tons, picking up by 43% on 2021. Overall, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 138%. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, alkali metals; other than sodium exports skyrocketed to $4.5M in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Alkali Metals; Other than Sodium in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | 58.1 | 2,336 | 3920.7% |
| United Kingdom | N/A | N/A | N/A | 2,010 | 0% |
| China | 51.5 | 33.9 | 22.1 | 151 | 43.1% |
| Netherlands | N/A | N/A | N/A | 6.4 | 0% |
| Germany | N/A | 397 | N/A | 2.4 | -92.2% |
| Vietnam | N/A | N/A | 1.0 | N/A | 0% |
| United States | N/A | N/A | 91.4 | N/A | 0% |
| Others | N/A | N/A | 0.2 | 9.0 | 4400.0% |
| Total | 51.5 | 430 | 173 | 4,515 | 344.2% |
Top Export Markets for Alkali Metals; Other than Sodium from Nigeria in 2022:
- China (164.4 tons)
- Malaysia (125.6 tons)
- Netherlands (26.1 tons)
- United Kingdom (10.4 tons)
- Germany (2.0 tons)
Imports of Alkali Metals; Other than Sodium in Nigeria
In 2022, overseas purchases of alkali metals; other than sodia decreased by -94% to 84 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate moderate growth. The pace of growth appeared the most rapid in 2020 with an increase of 649% against the previous year.
In value terms, alkali metals; other than sodium imports fell significantly to $3.6K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 580%.
| Import of Alkali Metals; Other than Sodium in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | 0.7 | 0.9 | 3.6 | 230.2% |
| Belgium | 0.4 | 3.3 | 6.1 | N/A | 290.5% |
| China | N/A | 0.2 | 2.5 | N/A | 1150.0% |
| United Kingdom | 0.7 | 4.4 | 6.7 | N/A | 209.4% |
| India | N/A | 0.1 | 0.1 | N/A | 0.0% |
| South Africa | 0.1 | 0.7 | 1.3 | N/A | 260.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.4 | 9.5 | 17.6 | 3.6 | 37.0% |
Top Suppliers of Alkali Metals; Other than Sodium to Nigeria in 2022:
- United States (84.0 kg)
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