Price for Halides and Halide Oxides of Non-Metals; Excluding Chloride in Nigeria - 2022

Contents:

  1. Price for Halides and Halide Oxides of Non-Metals; Excluding Chloride in Nigeria (CIF) - 2022
  2. Price for Halides and Halide Oxides of Non-Metals; Excluding Chloride in Nigeria (FOB) - 2022
  3. Imports of Halides and Halide Oxides of Non-Metals; Excluding Chloride in Nigeria
  4. Exports of Halides and Halide Oxides of Non-Metals; Excluding Chloride in Nigeria

Price for Halides and Halide Oxides of Non-Metals; Excluding Chloride in Nigeria (CIF) - 2022

In 2022, the average import price for halides and halide oxides of non-metals; excluding chlorides amounted to $23,879 per ton, surging by 125% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $23,896 per ton in 2019; afterwards, it flattened through to 2022.

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 United States ($71,544 per ton), while the price for China amounted to $4,055 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Halides and Halide Oxides of Non-Metals; Excluding Chloride in Nigeria (FOB) - 2022

In 2022, the average export price for halides and halide oxides of non-metals; excluding chlorides amounted to $1,309 per ton, jumping by 18% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 18%. The export price peaked at $8,463 per ton in 2012; however, from 2013 to 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 Benin.

From 2012 to 2022, the rate of growth in terms of prices for Benin amounted to -17.0% per year.

Imports of Halides and Halide Oxides of Non-Metals; Excluding Chloride in Nigeria

In 2022, after three years of growth, there was significant decline in purchases abroad of halides and halide oxides of non-metals; excluding chlorides, when their volume decreased by -97.4% to 463 kg. Overall, imports saw a sharp reduction. The growth pace was the most rapid in 2021 when imports increased by 211% against the previous year. As a result, imports reached the peak of 18 tons, and then shrank rapidly in the following year.

In value terms, imports of halides and halide oxides of non-metals; excluding chlorides shrank markedly to $11K in 2022. In general, imports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 106%. As a result, imports attained the peak of $186K, and then shrank remarkably in the following year.

Import of Halides and Halide Oxides of Non-Metals; Excluding Chloride in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States46.724.510.79.7-40.8%
China11.414.147.61.3-51.5%
Switzerland7.96.811.4N/A20.1%
Germany10.210.524.8N/A55.9%
United Kingdom15.413.625.0N/A27.4%
DenmarkN/A12.6N/AN/A0%
Italy3.42.95.1N/A22.5%
Others1.85.161.4N/A484.0%
Total96.990.118611.1-51.4%

Top Suppliers of Halides and Halide Oxides of Non-Metals; Excluding Chloride to Nigeria in 2022:

  1. China (327.0 kg)
  2. United States (136.0 kg)

Exports of Halides and Halide Oxides of Non-Metals; Excluding Chloride in Nigeria

In 2022, approx. 7.5 tons of halides and halide oxides of non-metals; excluding chlorides were exported from Nigeria; remaining relatively unchanged against the previous year's figure. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 1.4% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of halides and halide oxides of non-metals; excluding chlorides skyrocketed to $9.9K in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Halides and Halide Oxides of Non-Metals; Excluding Chloride in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Benin5.87.08.39.919.5%
OthersN/AN/AN/AN/A0%
Total5.87.08.39.919.5%

Top Export Markets for Halides and Halide Oxides of Non-Metals; Excluding Chloride from Nigeria in 2022:

  1. Benin (7.5 tons)

Source: IndexBox Market Intelligence Platform

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