Price for Pumice Stone, Whether or Not Heat Treated in Nigeria - 2022
Contents:
- Price for Pumice Stone, Whether or Not Heat Treated in Nigeria (CIF) - 2022
- Price for Pumice Stone, Whether or Not Heat Treated in Nigeria (FOB) - 2022
- Imports of Pumice Stone, Whether or Not Heat Treated in Nigeria
- Exports of Pumice Stone, Whether or Not Heat Treated in Nigeria
Price for Pumice Stone, Whether or Not Heat Treated in Nigeria (CIF) - 2022
The average import price for pumice stone, whether or not heat treated stood at $391 per ton in 2022, which is down by -2.1% against the previous year. In general, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 118% against the previous year. Over the period under review, average import prices hit record highs at $2,278 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +1.5% per year.
Price for Pumice Stone, Whether or Not Heat Treated in Nigeria (FOB) - 2022
The average export price for pumice stone, whether or not heat treated stood at $688 per ton in 2022, flattening at the previous year. Overall, the export price enjoyed a temperate increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices reached the maximum at $2,065 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sao Tome and Principe ($1,000 per ton), while the average price for exports to Benin ($647 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Benin (+6.2%), while the prices for the other major destinations experienced a decline.
Imports of Pumice Stone, Whether or Not Heat Treated in Nigeria
In 2022, imports of pumice stone, whether or not heat treated into Nigeria surged to 286 tons, jumping by 46% on the previous year's figure. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of pumice stone, whether or not heat treated surged to $112K in 2022. In general, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 75%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Pumice Stone, Whether or Not Heat Treated in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 9.8 | 13.0 | 14.9 | 112 | 125.2% |
| Germany | 3.5 | 2.8 | 1.1 | N/A | -43.9% |
| South Africa | 58.5 | 27.3 | 46.5 | N/A | -10.8% |
| Italy | N/A | N/A | 10.0 | N/A | 0% |
| Brazil | N/A | N/A | 4.4 | N/A | 0% |
| Others | 3.1 | 1.7 | 1.2 | 0.1 | -68.2% |
| Total | 74.9 | 44.7 | 78.2 | 112 | 14.4% |
Top Suppliers of Pumice Stone, Whether or Not Heat Treated to Nigeria in 2022:
- Turkey (285.5 tons)
Exports of Pumice Stone, Whether or Not Heat Treated in Nigeria
Exports of pumice stone, whether or not heat treated from Nigeria declined rapidly to 112 kg in 2022, which is down by -23.8% on the previous year. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 99%.
In value terms, exports of pumice stone, whether or not heat treated shrank markedly to $77 in 2022. Over the period under review, exports saw a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 100%.
| Export of Pumice Stone, Whether or Not Heat Treated in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 222 | 46.0 | 97.0 | 66.0 | -33.3% |
| Sao Tome and Principe | N/A | N/A | N/A | 4.0 | 0% |
| Canada | 12.0 | 2.0 | 3.0 | 2.0 | -45.0% |
| Others | 113 | 2.0 | N/A | 5.0 | -64.6% |
| Total | 347 | 50.0 | 100 | 77.0 | -39.5% |
Top Export Markets for Pumice Stone, Whether or Not Heat Treated from Nigeria in 2022:
- Benin (102.0 kg)
- Sao Tome and Principe (4.0 kg)
- Canada (3.0 kg)
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