Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Nigeria - 2022
Contents:
- Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Nigeria (CIF) - 2022
- Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Nigeria
Price for Bromides and Bromide Oxides; Other than Item No. 2827.51 in Nigeria (CIF) - 2022
The average import price for bromides and bromide oxides; other than item no. 2827.51s stood at $2,253 per ton in 2022, with a decrease of -3.9% against the previous year. Overall, the import price saw a slight decrease. The pace of growth appeared the most rapid in 2014 an increase of 30% against the previous year. As a result, import price reached the peak level of $3,401 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
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 UK ($11,159 per ton), while the price for China ($964 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-4.5%), while the prices for the other major suppliers experienced a decline.
Imports of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Nigeria
In 2022, the amount of bromides and bromide oxides; other than item no. 2827.51s imported into Nigeria soared to 3.1K tons, growing by 362% against 2021 figures. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 18,230% against the previous year. As a result, imports attained the peak of 4.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of bromides and bromide oxides; other than item no. 2827.51s skyrocketed to $7.1M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 17,520% against the previous year. As a result, imports reached the peak of $9.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Bromides and Bromide Oxides; Other than Item No. 2827.51 in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | N/A | N/A | N/A | 1,942 | 0% |
United Kingdom | 0.1 | 30.5 | 558 | 1,693 | 2467.7% |
India | 0.4 | 1,770 | 215 | 1,512 | 1457.7% |
Netherlands | N/A | 8.8 | 37.2 | 1,302 | 1116.4% |
United States | 52.9 | 7,601 | 752 | 409 | 97.7% |
China | 0.1 | 14.6 | 11.4 | 170 | 1093.5% |
Others | 0.1 | 11.3 | 18.1 | 28.7 | 559.6% |
Total | 53.6 | 9,436 | 1,591 | 7,057 | 408.7% |
Top Suppliers of Bromides and Bromide Oxides; Other than Item No. 2827.51 to Nigeria in 2022:
- Netherlands (1121.2 tons)
- Israel (703.7 tons)
- India (683.4 tons)
- United States (262.5 tons)
- China (176.0 tons)
- United Kingdom (151.7 tons)
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