Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Nigeria - 2022
Contents:
- Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Nigeria (CIF) - 2022
- Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Nigeria
Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Nigeria (CIF) - 2022
The average import price for carbonaceous pastes for electrodes and furnace linings stood at $318,273 per ton in 2022, rising by 18,882% against the previous year. Over the period under review, the import price recorded significant growth. 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 Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +422.7% per year.
Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Nigeria
For the third year in a row, Nigeria recorded decline in overseas purchases of carbonaceous pastes for electrodes and furnace linings, which decreased by -99.9% to 11 kg in 2022. In general, imports saw a sharp setback. The smallest decline of -48.6% was in 2021.
In value terms, imports of carbonaceous pastes for electrodes and furnace linings reduced sharply to $3.5K in 2022. Over the period under review, imports showed a significant contraction. The smallest decline of -4.6% was in 2021.
| Import of Carbonaceous Pastes for Electrodes and Furnace Linings in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 6.5 | N/A | 3.5 | -26.6% |
| China | 24.2 | 8.4 | 3.3 | N/A | -63.1% |
| United Kingdom | 6.5 | 2.8 | 2.8 | N/A | -34.4% |
| Poland | 4.9 | 3.5 | 2.9 | N/A | -23.1% |
| Others | 1.6 | 0.5 | 11.6 | N/A | 169.3% |
| Total | 37.2 | 21.6 | 20.6 | 3.5 | -54.5% |
Top Suppliers of Carbonaceous Pastes for Electrodes and Furnace Linings to Nigeria in 2022:
- Italy (11.0 kg)
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