Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Nigeria - 2022

Contents:

1. Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Nigeria (CIF) - 2022
2. Imports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in Nigeria

Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in Nigeria (CIF) - 2022

The average import price for oxides, hydroxides and peroxides, of strontium or baria stood at $6,087 per ton in 2022, jumping by 74% against the previous year. Overall, the import price showed a prominent increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 79% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($8,113 per ton), while the price for India amounted to $4,836 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.9%).

Imports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in Nigeria

In 2022, after three years of growth, there was significant decline in overseas purchases of oxides, hydroxides and peroxides, of strontium or baria, when their volume decreased by -86.5% to 7.3 tons. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 241%.

In value terms, imports of oxides, hydroxides and peroxides, of strontium or baria reduced sharply to $44K in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 392%.

Top Suppliers of Oxides, Hydroxides and Peroxides, of Strontium or Barium to Nigeria in 2022:

1. India (4.5 tons)
2. China (2.8 tons)

Source: IndexBox Market Intelligence Platform