Price for Ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ether in Nigeria - 2022
Contents:
- Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Nigeria (CIF) - 2022
- Imports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Nigeria
Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Nigeria (CIF) - 2022
The average import price for ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers stood at $3,390 per ton in 2022, which is down by -45.1% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2013 an increase of 52% against the previous year. The import price peaked at $14,661 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 ($6,243 per ton), while the price for India amounted to $3,258 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-2.0%), while the prices for the other major suppliers experienced a decline.
Imports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Nigeria
Imports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers into Nigeria stood at 5.3 tons in 2022, leveling off at 2021 figures. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,253%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers shrank dramatically to $18K in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 751% against the previous year. As a result, imports attained the peak of $33K, and then shrank notably in the following year.
| Import of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.2 | 0.1 | 6.2 | 16.6 | 140.1% |
| United Kingdom | 5.4 | 3.5 | 22.1 | 1.5 | -34.8% |
| Others | 2.2 | 0.3 | 4.5 | N/A | 43.0% |
| Total | 8.8 | 3.9 | 32.8 | 18.1 | 27.2% |
Top Suppliers of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether to Nigeria in 2022:
- India (5.1 tons)
- United Kingdom (0.2 tons)
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