Price for Andalusite, Kyanite and Sillimanite in Nigeria - 2022
Contents:
- Price for Andalusite, Kyanite and Sillimanite in Nigeria (CIF) - 2022
- Imports of Andalusite, Kyanite and Sillimanite in Nigeria
Price for Andalusite, Kyanite and Sillimanite in Nigeria (CIF) - 2022
The average andalusite, kyanite and sillimanite import price stood at $365 per ton in 2022, dropping by -8.1% against the previous year. Overall, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of 59% against the previous year. Over the period under review, average import prices reached the maximum at $955 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($374 per ton), while the price for India totaled $113 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-8.2%).
Imports of Andalusite, Kyanite and Sillimanite in Nigeria
In 2022, after three years of growth, there was significant decline in overseas purchases of andalusite, kyanite and sillimanites, when their volume decreased by -15% to 5.6 tons. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 262% against the previous year.
In value terms, andalusite, kyanite and sillimanite imports fell notably to $2.1K in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 350% against the previous year.
| Import of Andalusite, Kyanite and Sillimanite in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 324 | 1,384 | 2,308 | 2,036 | 84.5% |
| India | 5.0 | 98.0 | 326 | 22.0 | 63.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 329 | 1,482 | 2,634 | 2,058 | 84.3% |
Top Suppliers of Andalusite, Kyanite and Sillimanite to Nigeria in 2022:
- United States (5.4 tons)
- India (0.2 tons)
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