Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in Nigeria - 2022

Contents:

  1. Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in Nigeria (CIF) - 2022
  2. Imports of Fluorides; Other than of Ammonium or Sodium or Aluminium in Nigeria

Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in Nigeria (CIF) - 2022

The average import price for fluorides; other than of ammonium or sodium or aluminia stood at $4,258 per ton in 2022, waning by -2.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the peak figure at $4,373 per ton in 2021, and then shrank modestly in the following year.

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 China ($4,586 per ton), while the price for India ($2,948 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fluorides; Other than of Ammonium or Sodium or Aluminium in Nigeria

In 2022, imports of fluorides; other than of ammonium or sodium or aluminia into Nigeria surged to 243 tons, picking up by 261% on 2021 figures. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fluorides; other than of ammonium or sodium or aluminia soared to $1M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fluorides; Other than of Ammonium or Sodium or Aluminium in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.75.643.9327394.8%
Belgium45.719.170.320163.8%
India1.72.74.8142337.1%
Italy12.07.05.061.272.1%
United States5.77.813.128.270.4%
Germany37.111.35.15.4-47.4%
Taiwan (Chinese)N/AN/A58.6N/A0%
Others74.769.393.026853.1%
Total1801232941,03379.0%

Top Suppliers of Fluorides; Other than of Ammonium or Sodium or Aluminium to Nigeria in 2022:

  1. China (71.4 tons)
  2. Belgium (48.5 tons)
  3. India (48.2 tons)
  4. Italy (15.5 tons)
  5. United States (6.2 tons)
  6. Germany (1.1 tons)

Source: IndexBox Market Intelligence Platform

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