Price for Sulphides of Non-Metals, (Excluding Carbon); Commercial Phosphorus Trisulphide in Nigeria - 2022

Contents:

  1. Price for Sulphides of Non-Metals, (Excluding Carbon); Commercial Phosphorus Trisulphide in Nigeria (CIF) - 2022
  2. Imports of Sulphides of Non-Metals, (Excluding Carbon); Commercial Phosphorus Trisulphide in Nigeria

Price for Sulphides of Non-Metals, (Excluding Carbon); Commercial Phosphorus Trisulphide in Nigeria (CIF) - 2022

In 2022, the average import price for sulphides of non-metals, (excluding carbon); commercial phosphorus trisulphides amounted to $9,134 per ton, jumping by 22% against the previous year. Over the period under review, the import price showed a strong increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 167% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 India ($28,500 per ton), while the price for the United States ($8,970 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Sulphides of Non-Metals, (Excluding Carbon); Commercial Phosphorus Trisulphide in Nigeria

In 2022, overseas purchases of sulphides of non-metals, (excluding carbon); commercial phosphorus trisulphides were finally on the rise to reach 2.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a precipitous shrinkage.

In value terms, imports of sulphides of non-metals, (excluding carbon); commercial phosphorus trisulphides skyrocketed to $26K in 2022. Over the period under review, imports, however, showed a sharp curtailment.

Import of Sulphides of Non-Metals, (Excluding Carbon); Commercial Phosphorus Trisulphide in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13845.44.925.3-43.2%
China4.61.30.10.5-52.3%
Others2.70.90.10.5-43.0%
Total14647.65.126.3-43.5%

Top Suppliers of Sulphides of Non-Metals, (Excluding Carbon); Commercial Phosphorus Trisulphide to Nigeria in 2022:

  1. United States (2826.0 kg)
  2. China (52.0 kg)

Source: IndexBox Market Intelligence Platform

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