Price for Amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51 in Nigeria - 2022

Contents:

  1. Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Nigeria (CIF) - 2022
  2. Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Nigeria

Price for Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Nigeria (CIF) - 2022

The average import price for amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s stood at $4,074 per ton in 2022, surging by 142% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The import price peaked at $6,832 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,520 per ton), while the price for the UK ($1,992 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+61.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Nigeria

In 2022, the amount of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s imported into Nigeria surged to 107 tons, jumping by 101% against 2021. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 276%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of amine-function compounds; aromatic polyamines and their derivatives, other than item no. 2921.51s soared to $436K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 495% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A2020%
Germany0.279.3N/A135777.2%
United KingdomN/A10650.185.3-10.3%
JapanN/AN/A4.410.7143.2%
South Africa26.8N/AN/AN/A0%
United States4.75.227.7N/A142.8%
Others0.3N/A7.63.3122.4%
Total32.019089.9436138.8%

Top Suppliers of Amine-Function Compounds; Aromatic Polyamines and Their Derivatives, Other than Item No. 2921.51 to Nigeria in 2022:

  1. China (44.2 tons)
  2. United Kingdom (42.8 tons)
  3. Germany (17.9 tons)
  4. Japan (1.6 tons)

Source: IndexBox Market Intelligence Platform

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