Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria - 2022
Contents:
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria (CIF) - 2022
- Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria (CIF) - 2022
In 2022, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $10,131 per ton, surging by 19% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 145%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,420 per ton), while the price for Kenya ($1,403 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria
In 2022, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses into Nigeria fell rapidly to 27 tons, waning by -89.4% compared with 2021. Over the period under review, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 348%. As a result, imports reached the peak of 253 tons, and then declined notably in the following year.
In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses contracted markedly to $271K in 2022. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 997% against the previous year. As a result, imports attained the peak of $2.1M, and then declined notably in the following year.
Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 14.8 | 100 | 1,815 | 211 | 142.5% |
China | 286 | 64.5 | 90.1 | 35.6 | -50.1% |
India | 1.6 | 0.6 | 1.1 | 11.3 | 91.9% |
United Arab Emirates | 1.4 | 15.7 | 0.6 | 3.4 | 34.4% |
Kenya | N/A | N/A | N/A | 2.8 | 0% |
South Korea | N/A | 0.5 | 93.9 | 1.5 | 73.2% |
France | 109 | 2.3 | 91.9 | N/A | -8.2% |
Others | 23.8 | 12.1 | 55.6 | 5.0 | -40.6% |
Total | 436 | 196 | 2,148 | 271 | -14.7% |
Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Nigeria in 2022:
- United States (14.6 tons)
- China (7.3 tons)
- Kenya (2.0 tons)
- India (1.3 tons)
- South Korea (0.6 tons)
- United Arab Emirates (0.5 tons)
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