Price for Lead; Lead Monoxide (Litharge, Massicot) in Nigeria - 2022

Contents:

1. Price for Lead; Lead Monoxide (Litharge, Massicot) in Nigeria (FOB) - 2022
2. Price for Lead; Lead Monoxide (Litharge, Massicot) in Nigeria (CIF) - 2022
3. Exports of Lead; Lead Monoxide (Litharge, Massicot) in Nigeria
4. Imports of Lead; Lead Monoxide (Litharge, Massicot) in Nigeria

Price for Lead; Lead Monoxide (Litharge, Massicot) in Nigeria (FOB) - 2022

The average export price for lead; lead monoxide (litharge, massicot)s stood at $248 per ton in 2022, leveling off at the previous year. Overall, the export price, however, faced a abrupt slump. The export price peaked at $1,005 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -13.1% per year.

Price for Lead; Lead Monoxide (Litharge, Massicot) in Nigeria (CIF) - 2022

The average import price for lead; lead monoxide (litharge, massicot)s stood at $3,639 per ton in 2022, dropping by -7.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2021 an increase of 22%. As a result, import price attained the peak level of $3,943 per ton, and then declined 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 South Africa ($3,701 per ton), while the price for Germany amounted to $1,771 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-3.8%).

Exports of Lead; Lead Monoxide (Litharge, Massicot) in Nigeria

After three years of growth, shipments abroad of lead; lead monoxide (litharge, massicot)s decreased by -24.1% to 1.2K tons in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,349% against the previous year.

In value terms, lead; lead monoxide (litharge, massicot) exports dropped dramatically to $289K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 691% against the previous year.

Top Export Markets for Lead; Lead Monoxide (Litharge, Massicot) from Nigeria in 2022:

1. China (1.2K tons)

Imports of Lead; Lead Monoxide (Litharge, Massicot) in Nigeria

In 2022, after three years of growth, there was significant decline in purchases abroad of lead; lead monoxide (litharge, massicot)s, when their volume decreased by -27.3% to 3 tons. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 140% against the previous year. As a result, imports reached the peak of 4.1 tons, and then fell markedly in the following year.

In value terms, lead; lead monoxide (litharge, massicot) imports contracted markedly to $11K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 192% against the previous year. As a result, imports attained the peak of $16K, and then declined remarkably in the following year.

Top Suppliers of Lead; Lead Monoxide (Litharge, Massicot) to Nigeria in 2022:

1. South Africa (2.9 tons)
2. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform