Price for Amine-function compounds; acyclic polyamines and their derivatives, ethylenediamine and its salts in Nigeria - 2022
Contents:
- Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts in Nigeria (CIF) - 2022
- Imports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts in Nigeria
Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts in Nigeria (CIF) - 2022
In 2022, the average import price for amine-function compounds; acyclic polyamines and their derivatives, ethylenediamine and its saltses amounted to $3,723 per ton, rising by 19% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for amine-function compounds; acyclic polyamines and their derivatives, ethylenediamine and its saltses decreased by -1.8% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 45% against the previous year. The import price peaked at $3,790 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,087 per ton), while the price for the UK ($1,306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts in Nigeria
In 2022, imports of amine-function compounds; acyclic polyamines and their derivatives, ethylenediamine and its saltses into Nigeria skyrocketed to 273 tons, growing by 64% on the previous year. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 227% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of amine-function compounds; acyclic polyamines and their derivatives, ethylenediamine and its saltses surged to $1M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 169% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.1 | 43.0 | 239 | 523 | 126.3% |
| India | 59.2 | 122 | 192 | 284 | 68.7% |
| Netherlands | 12.2 | 5.6 | 60.2 | 148 | 129.8% |
| Germany | N/A | 0.6 | 22.0 | 50.5 | 817.4% |
| United Kingdom | 56.9 | 21.7 | 4.7 | 12.1 | -40.3% |
| Others | 0.3 | N/A | 1.2 | N/A | 100.0% |
| Total | 174 | 193 | 519 | 1,018 | 80.2% |
Top Suppliers of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Ethylenediamine and Its Salts to Nigeria in 2022:
- China (102.9 tons)
- Netherlands (69.6 tons)
- India (63.7 tons)
- Germany (27.8 tons)
- United Kingdom (9.3 tons)
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