Price for Graphite; Natural, in Powder or in Flakes in Nigeria - 2023
Contents:
- Price for Graphite; Natural, in Powder or in Flakes in Nigeria (CIF) - 2022
- Price for Graphite; Natural, in Powder or in Flakes in Nigeria (FOB) - 2022
- Imports of Graphite; Natural, in Powder or in Flakes in Nigeria
- Exports of Graphite; Natural, in Powder or in Flakes in Nigeria
Price for Graphite; Natural, in Powder or in Flakes in Nigeria (CIF) - 2022
The average import price for graphite; natural, in powder or in flakeses stood at $896 per ton in 2022, waning by -20.2% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for graphite; natural, in powder or in flakeses decreased by -30.5% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 55%. The import price peaked at $1,501 per ton in 2016; however, from 2017 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 India.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +12.2% per year.
Price for Graphite; Natural, in Powder or in Flakes in Nigeria (FOB) - 2022
The average export price for graphite; natural, in powder or in flakeses stood at $817 per ton in 2022, reducing by -31.6% against the previous year. Overall, the export price showed a deep downturn. The growth pace was the most rapid in 2019 when the average export price increased by 97% against the previous year. As a result, the export price attained the peak level of $3,479 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($5,611 per ton), while the average price for exports to Canada ($121 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+2.0%).
Imports of Graphite; Natural, in Powder or in Flakes in Nigeria
In 2022, after two years of decline, there was significant growth in purchases abroad of graphite; natural, in powder or in flakeses, when their volume increased by 5,587% to 732 tons. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of graphite; natural, in powder or in flakeses surged to $655K in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Graphite; Natural, in Powder or in Flakes in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.6 | 0.3 | 4.3 | 655 | 929.7% |
| China | 76.6 | 1.7 | 1.4 | N/A | -86.5% |
| Germany | N/A | 54.8 | 1.3 | N/A | -97.6% |
| Others | 23.9 | 1.0 | 7.4 | N/A | -44.4% |
| Total | 101 | 57.8 | 14.4 | 655 | 86.5% |
Top Suppliers of Graphite; Natural, in Powder or in Flakes to Nigeria in 2022:
- India (731.6 tons)
Exports of Graphite; Natural, in Powder or in Flakes in Nigeria
In 2022, approx. 602 kg of graphite; natural, in powder or in flakeses were exported from Nigeria; increasing by 102% compared with 2021 figures. In general, exports posted a significant increase.
In value terms, exports of graphite; natural, in powder or in flakeses surged to $492 in 2022. Overall, exports, however, faced a significant curtailment.
| Export of Graphite; Natural, in Powder or in Flakes in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 191 | 627 | 356 | 345 | 21.8% |
| Ireland | N/A | N/A | N/A | 101 | 0% |
| Canada | N/A | N/A | N/A | 40.0 | 0% |
| China | 912 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 6.0 | 0% |
| Total | 1,103 | 627 | 356 | 492 | -23.6% |
Top Export Markets for Graphite; Natural, in Powder or in Flakes from Nigeria in 2022:
- Canada (330.0 kg)
- Niger (253.0 kg)
- Ireland (18.0 kg)
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This report provides an in-depth analysis of the graphite market in Nigeria.
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This report provides an in-depth analysis of the graphite market in Nigeria.
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This report provides an in-depth analysis of the global graphite market.
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In 2020, most countries suspended mines since the pandemic started. However, natural graphite production is projected to grow, driven by increasing demand from the electric vehicle industry.
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Global natural graphite production rose by 3.5% y/y to 1M tons in 2021. China recorded the most prominent output growth, increasing production by 7.6% to 820K tons.
748
In 2020, most countries suspended mines since the pandemic started. However, natural graphite production is projected to grow, driven by increasing demand from the electric vehicle industry.
961
In 2017, the global natural graphite market amounted to X tons, rising by X% against 2016. Market volume increased ...
