Price for Halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary forms in Nigeria - 2022
Contents:
- Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Nigeria (CIF) - 2022
- Imports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Nigeria
Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Nigeria (CIF) - 2022
The average import price for halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses stood at $2,340 per ton in 2022, with an increase of 25% against the previous year. Over the period under review, the import price, however, faced a sharp setback. The import price peaked at $23,350 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($21,985 per ton), while the price for China ($1,643 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by China (-20.6%), while the prices for the other major suppliers experienced a decline.
Imports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Nigeria
In 2022, approx. 42 tons of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses were imported into Nigeria; falling by -73.8% compared with the previous year. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 8,046,200% against the previous year. As a result, imports reached the peak of 161 tons, and then shrank remarkably in the following year.
In value terms, imports of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses fell dramatically to $98K in 2022. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 3,765,800% against the previous year. As a result, imports reached the peak of $301K, and then fell dramatically in the following year.
| Import of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 72.1 | 52.7 | -26.9% |
| United States | 3.2 | N/A | N/A | 29.0 | 108.5% |
| India | N/A | N/A | N/A | 14.8 | 0% |
| Malaysia | N/A | N/A | 217 | N/A | 0% |
| Others | 0.4 | N/A | 12.5 | 2.0 | 71.0% |
| Total | 3.6 | N/A | 301 | 98.5 | 201.3% |
Top Suppliers of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms to Nigeria in 2022:
- China (32.1 tons)
- United States (9.3 tons)
- India (0.7 tons)
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