Price for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Nigeria - 2022

Contents:

  1. Price for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Nigeria (CIF) - 2022
  2. Price for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Nigeria (FOB) - 2022
  3. Imports of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Nigeria
  4. Exports of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Nigeria

Price for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Nigeria (CIF) - 2022

The average import price for hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses stood at $990 per ton in June 2022, declining by -51.6% against the previous month. In general, the import price continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in April 2022 an increase of 70% month-to-month. Over the period under review, average import prices attained the peak figure at $2,929 per ton in February 2022; however, from March 2022 to June 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($1,148 per ton), while the price for Australia totaled $296 per ton.

From June 2021 to June 2022, the most notable rate of growth in terms of prices was attained by India (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Nigeria (FOB) - 2022

In 2022, the average export price for hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses amounted to $339 per ton, declining by -6.2% against the previous year. Overall, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 47%. The export price peaked at $556 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 -4.9% per year.

Imports of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Nigeria

In 2022, supplies from abroad of hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses decreased by -44.8% to 1.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, imports attained the peak of 4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses declined remarkably to $2M in 2022. In general, imports saw a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 44% against the previous year. As a result, imports attained the peak of $4.2M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4741,935929846-16.9%
United States8361,559866579-11.5%
India21137678131914.8%
South Africa70.0139N/A15530.3%
AustraliaN/AN/A14.013.1-6.4%
Belgium18923.3N/A11.3-60.9%
Others17420841091.5-19.3%
Total2,9534,2413,0002,015-12.0%

Top Suppliers of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites to Nigeria in 2022:

  1. China (845.0 tons)
  2. India (280.2 tons)
  3. United States (230.8 tons)
  4. South Africa (59.8 tons)
  5. Australia (45.1 tons)
  6. Belgium (5.1 tons)

Exports of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Nigeria

In 2022, exports of hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses from Nigeria soared to 270 tons, growing by 1,176% on the previous year. In general, exports showed 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 hypochlorites; commercial calcium hypochlorite; chlorites; hypobromiteses surged to $91K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Benin18.651.77.691.069.8%
Cameroon2.71.6N/AN/A-40.7%
Ghana5.3N/AN/AN/A0%
Others0.43.6N/A0.3-9.1%
Total27.056.87.691.350.1%

Top Export Markets for Hypochlorites; Commercial Calcium Hypochlorite; Chlorites; Hypobromites from Nigeria in 2022:

  1. Benin (269.2 tons)

Source: IndexBox Market Intelligence Platform

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