Quinones; Anthraquinone Price in Nigeria - 2022

Contents:

  1. Quinones; Anthraquinone Price in Nigeria (CIF) - 2022
  2. Quinones; Anthraquinone Imports in Nigeria

Quinones; Anthraquinone Price in Nigeria (CIF) - 2022

The average quinones; anthraquinone import price stood at $19,340 per ton in 2022, jumping by 17% against the previous year. In general, the import price saw a slight increase. The most prominent rate of growth was recorded in 2021 an increase of 108%. Over the period under review, average import prices attained the maximum at $65,775 per ton in 2018; however, from 2019 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 +1.5% per year.

Quinones; Anthraquinone Imports in Nigeria

Quinones; anthraquinone imports into Nigeria totaled 503 kg in 2022, standing approx. at the previous year's figure. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 189%. As a result, imports attained the peak of 841 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, quinones; anthraquinone imports skyrocketed to $9.7K in 2022. Overall, imports, however, saw a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year.

Import of Quinones; Anthraquinone in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.14.78.29.7-4.4%
IndiaN/A2.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total11.16.78.29.7-4.4%

Top Suppliers of Quinones; Anthraquinone to Nigeria in 2022:

  1. China (503.0 kg)

Source: IndexBox Market Intelligence Platform

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