Price for Pulp; Cotton Linters Pulp in Nigeria - 2022
Contents:
- Price for Pulp; Cotton Linters Pulp in Nigeria (CIF) - 2022
- Imports of Pulp; Cotton Linters Pulp in Nigeria
Price for Pulp; Cotton Linters Pulp in Nigeria (CIF) - 2022
In 2022, the average pulp; cotton linters pulp import price amounted to $1,491 per ton, with an increase of 19% against the previous year. In general, the import price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 33% against the previous year. Over the period under review, average import prices hit record highs at $3,096 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, 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 -6.3% per year.
Imports of Pulp; Cotton Linters Pulp in Nigeria
In 2022, supplies from abroad of pulp; cotton linters pulp decreased by -6.9% to 4.7 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 16%. As a result, imports attained the peak of 5.1 tons, and then contracted in the following year.
In value terms, pulp; cotton linters pulp imports reached $7.1K in 2022. Over the period under review, imports saw a abrupt descent.
| Import of Pulp; Cotton Linters Pulp in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.4 | 7.7 | 4.9 | 7.0 | -5.9% |
| Others | 0.1 | N/A | 1.5 | 0.1 | 0.0% |
| Total | 8.5 | 7.8 | 6.4 | 7.1 | -5.8% |
Top Suppliers of Pulp; Cotton Linters Pulp to Nigeria in 2022:
- China (4.7 tons)
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