Vitrifiable Transfer (Decalcomania) Price in Nigeria - 2022

Vitrifiable Transfer (Decalcomania) Price in Nigeria (CIF) - 2022

The average vitrifiable transfer (decalcomania) import price stood at $8,145 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 48%. As a result, import price attained the peak level of $12,632 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 China ($8,844 per ton), while the price for Hong Kong SAR stood at $5,322 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%).

Vitrifiable Transfer (Decalcomania) Price in Nigeria (FOB) - 2022

The average vitrifiable transfer (decalcomania) export price stood at $4,000 per ton in 2022, which is down by -66.7% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 65%. As a result, the export price reached the peak level of $28,000 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($4,000 per ton), while the average price for exports to South Africa stood at $4,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-16.7%).

Vitrifiable Transfer (Decalcomania) Imports in Nigeria

In 2022, purchases abroad of vitrifiable transfers (decalcomanias) was finally on the rise to reach 35 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep setback.

In value terms, vitrifiable transfer (decalcomania) imports surged to $285K in 2022. Over the period under review, imports, however, recorded a deep reduction.

Import of Vitrifiable Transfer (Decalcomania) in Nigeria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	223	221	87.9	216	-1.1%
Hong Kong SAR	120	120	78.3	54.5	-23.1%
South Korea	25.7	42.3	8.4	13.0	-20.3%
Others	5.4	3.6	9.0	1.5	-34.8%
Total	375	387	184	285	-8.7%

Top Suppliers of Vitrifiable Transfer (Decalcomania) to Nigeria in 2022:

China (24.5 tons)
Hong Kong SAR (10.2 tons)
South Korea (0.3 tons)

Vitrifiable Transfer (Decalcomania) Exports in Nigeria

For the fourth year in a row, Nigeria recorded growth in shipments abroad of vitrifiable transfers (decalcomanias), which increased by 200% to 3 kg in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, vitrifiable transfer (decalcomania) exports totaled $12 in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The smallest decline of -6.7% was in 2020.