Price for Colloidal Precious Metals; Whether or Not Chemically Defined in Nigeria - 2022

Contents:

  1. Price for Colloidal Precious Metals; Whether or Not Chemically Defined in Nigeria (CIF) - 2022
  2. Imports of Colloidal Precious Metals; Whether or Not Chemically Defined in Nigeria

Price for Colloidal Precious Metals; Whether or Not Chemically Defined in Nigeria (CIF) - 2022

The average import price for colloidal precious metals; whether or not chemically defineds stood at $415,000 per ton in 2022, rising by 206% against the previous year. Over the period under review, the import price, however, recorded a slight descent. Over the period under review, average import prices reached the maximum at $963,200 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +153.3% per year.

Imports of Colloidal Precious Metals; Whether or Not Chemically Defined in Nigeria

In 2022, supplies from abroad of colloidal precious metals; whether or not chemically defineds decreased by -71.4% to 2 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 300% against the previous year. As a result, imports attained the peak of 8 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of colloidal precious metals; whether or not chemically defineds declined to $830 in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,071% against the previous year. As a result, imports attained the peak of $1.1K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Colloidal Precious Metals; Whether or Not Chemically Defined in Nigeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A8300%
BelgiumN/A914N/AN/A0%
China24.0N/A924N/A520.5%
India67.015224.0N/A-40.1%
OthersN/AN/AN/AN/A0%
Total91.01,066948830108.9%

Top Suppliers of Colloidal Precious Metals; Whether or Not Chemically Defined to Nigeria in 2022:

  1. Spain (2.0 kg)

Source: IndexBox Market Intelligence Platform

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