Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Nigeria - 2022
Contents:
- Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Nigeria (CIF) - 2022
- Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Nigeria (FOB) - 2022
- Imports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Nigeria
- Exports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Nigeria
Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Nigeria (CIF) - 2022
In 2022, the average import price for fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses amounted to $8,690 per ton, rising by 73% against the previous year. Over the period under review, the import price showed a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Japan ($34,241 per ton), while the price for the UK ($1,459 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Nigeria (FOB) - 2022
The average export price for fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses stood at $99.3 per ton in June 2022, leveling off at the previous month. In general, the export price saw a noticeable downturn. The most prominent rate of growth was recorded in December 2021 an increase of 2% month-to-month. Over the period under review, the average export prices hit record highs at $139 per ton in June 2021; however, from July 2021 to June 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From June 2021 to June 2022, the rate of growth in terms of prices for China amounted to -2.8% per month.
Imports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Nigeria
In 2022, purchases abroad of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses decreased by -0.4% to 165 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 39% against the previous year.
In value terms, imports of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses surged to $1.4M in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 118%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 830 | 0% |
| China | 11.8 | 105 | 334 | 220 | 165.2% |
| Taiwan (Chinese) | N/A | N/A | 69.9 | 170 | 143.2% |
| Germany | 40.3 | 21.2 | 27.4 | 74.6 | 22.8% |
| India | 16.2 | 39.3 | 36.8 | 59.9 | 54.6% |
| Belgium | 49.7 | 118 | 149 | 50.3 | 0.4% |
| United Kingdom | 19.7 | 7.5 | 3.9 | 8.6 | -24.1% |
| Poland | N/A | 15.8 | N/A | N/A | 0% |
| Netherlands | 5.2 | 3.4 | 5.8 | N/A | 5.6% |
| Others | 78.4 | 71.1 | 206 | 16.7 | -40.3% |
| Total | 221 | 382 | 833 | 1,431 | 86.4% |
Top Suppliers of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts to Nigeria in 2022:
- Taiwan (Chinese) (36.3 tons)
- China (29.5 tons)
- Germany (28.3 tons)
- Japan (24.3 tons)
- India (18.6 tons)
- Belgium (15.1 tons)
- United Kingdom (5.9 tons)
Exports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Nigeria
For the fourth year in a row, Nigeria recorded growth in shipments abroad of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses, which increased by 199% to 2.6K tons in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses skyrocketed to $610K in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 169% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 70.8 | 191 | 232 | 610 | 105.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 70.8 | 191 | 232 | 610 | 105.0% |
Top Export Markets for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts from Nigeria in 2022:
- China (2.6K tons)
447
This report provides an in-depth analysis of the complex fluorine salts market in Nigeria.
638
This report provides an in-depth analysis of the global complex fluorine salts market.
447
This report provides an in-depth analysis of the complex fluorine salts market in Nigeria.
638
This report provides an in-depth analysis of the global complex fluorine salts market.
1022
In value terms, fluorides imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consisten...
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In value terms, fluorides exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuation...
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In value terms, fluorides imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consisten...
948
In value terms, fluorides exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuation...
