Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Nigeria - 2023
Contents:
- Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Nigeria (CIF) - 2022
- Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Nigeria
Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Nigeria (CIF) - 2022
In 2022, the average import price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses amounted to $2,182 per ton, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $3,003 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 Taiwan (Chinese) ($2,808 per ton), while the price for China stood at $1,583 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Nigeria
In 2022, approx. 2K tons of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses were imported into Nigeria; growing by 127% against the previous year's figure. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses soared to $4.4M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 451 | 504 | 244 | 2,685 | 81.2% |
| China | 174 | 525 | 487 | 1,667 | 112.4% |
| Hong Kong SAR | 145 | 170 | 138 | N/A | -2.4% |
| Japan | 699 | 470 | 390 | N/A | -25.3% |
| Spain | 506 | 594 | 483 | N/A | -2.3% |
| Others | 356 | 239 | 179 | 52.0 | -47.3% |
| Total | 2,329 | 2,502 | 1,921 | 4,405 | 23.7% |
Top Suppliers of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups to Nigeria in 2022:
- China (1053.1 tons)
- Taiwan (Chinese) (956.2 tons)
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