Price for Copper; Powders of Non-Lamellar Structure in Nigeria - 2022

Contents:

  1. Price for Copper; Powders of Non-Lamellar Structure in Nigeria (FOB) - 2022
  2. Price for Copper; Powders of Non-Lamellar Structure in Nigeria (CIF) - 2022
  3. Exports of Copper; Powders of Non-Lamellar Structure in Nigeria
  4. Imports of Copper; Powders of Non-Lamellar Structure in Nigeria

Price for Copper; Powders of Non-Lamellar Structure in Nigeria (FOB) - 2022

The average export price for copper; powders of non-lamellar structures stood at $4,226 per ton in 2021, growing by 28% against the previous year. Overall, the export price, however, recorded a mild curtailment. Over the period under review, the average export prices reached the maximum at $4,753 per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +28.5% per year.

Price for Copper; Powders of Non-Lamellar Structure in Nigeria (CIF) - 2022

The average import price for copper; powders of non-lamellar structures stood at $3,573 per ton in 2022, shrinking by -28% against the previous year. Over the period under review, the import price saw a deep reduction. The pace of growth was the most pronounced in 2021 an increase of 72%. The import price peaked at $10,414 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +12.4% per year.

Exports of Copper; Powders of Non-Lamellar Structure in Nigeria

Copper; powders of non-lamellar structure exports from Nigeria stood at 9.4 tons in 2021, surging by 8.9% against 2020 figures. The total export volume increased at an average annual rate of +8.9% from 2020 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper; powders of non-lamellar structure exports soared to $40K in 2021. In general, total exports indicated significant growth from 2020 to 2021: its value increased at an average annual rate of +40.0% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Copper; Powders of Non-Lamellar Structure in Nigeria (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
Spain28.539.940.0%
OthersN/AN/A0%
Total28.539.940.0%

Top Export Markets for Copper; Powders of Non-Lamellar Structure from Nigeria in 2022:

  1. Spain (9.4 tons)

Imports of Copper; Powders of Non-Lamellar Structure in Nigeria

Copper; powders of non-lamellar structure imports into Nigeria surged to 473 kg in 2022, with an increase of 19% on the year before. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years.

In value terms, copper; powders of non-lamellar structure imports declined to $1.7K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year.

Import of Copper; Powders of Non-Lamellar Structure in Nigeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5451,4031561,46939.2%
United KingdomN/AN/A1,822N/A0%
United States283N/AN/AN/A0%
OthersN/AN/AN/A2210%
Total8281,4031,9781,69026.8%

Top Suppliers of Copper; Powders of Non-Lamellar Structure to Nigeria in 2022:

  1. India (469.0 kg)

Source: IndexBox Market Intelligence Platform

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