Price for Sulphites; Other than of Sodium in Nigeria - 2022

Contents:

1. Price for Sulphites; Other than of Sodium in Nigeria (CIF) - 2022
2. Imports of Sulphites; Other than of Sodium in Nigeria

Price for Sulphites; Other than of Sodium in Nigeria (CIF) - 2022

In 2022, the average import price for sulphites; other than of sodia amounted to $720 per ton, with an increase of 14% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 45% against the previous year. Over the period under review, average import prices hit record highs at $1,193 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,539 per ton), while the price for India ($359 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Sulphites; Other than of Sodium in Nigeria

Sulphites; other than of sodium imports into Nigeria skyrocketed to 2.7K tons in 2022, increasing by 247% on the previous year. Overall, imports, however, showed a deep setback.

In value terms, sulphites; other than of sodium imports surged to $1.9M in 2022. Over the period under review, imports posted a pronounced expansion.

Top Suppliers of Sulphites; Other than of Sodium to Nigeria in 2022:

1. Germany (1158.7 tons)
2. India (1066.9 tons)
3. United Kingdom (445.8 tons)

Source: IndexBox Market Intelligence Platform