Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Nigeria - 2023

Contents:

1. Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Nigeria (FOB) - 2022
2. Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Nigeria (CIF) - 2022
3. Exports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Nigeria
4. Imports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Nigeria

Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Nigeria (FOB) - 2022

The average export price for activated carbon; activated natural mineral products; animal black, including spent animal blacks stood at $532 per ton in 2022, surging by 14% against the previous year. Over the period under review, the export price recorded a strong expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 207% against the previous year. As a result, the export price reached the peak level of $837 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 Poland ($1,320 per ton), while the average price for exports to Togo stood at $531 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+20.3%).

Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Nigeria (CIF) - 2022

In 2022, the average import price for activated carbon; activated natural mineral products; animal black, including spent animal blacks amounted to $776 per ton, dropping by -20.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 45% against the previous year. As a result, import price attained the peak level of $1,382 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,108 per ton), while the price for Spain ($537 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+17.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Nigeria

In 2022, after three years of growth, there was significant decline in shipments abroad of activated carbon; activated natural mineral products; animal black, including spent animal blacks, when their volume decreased by -7.3% to 11K tons. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 79% against the previous year.

In value terms, exports of activated carbon; activated natural mineral products; animal black, including spent animal blacks expanded rapidly to $5.6M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 137% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black from Nigeria in 2022:

1. Togo (10.5K tons)

Imports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Nigeria

In 2022, purchases abroad of activated carbon; activated natural mineral products; animal black, including spent animal blacks decreased by -16.1% to 6.7K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a perceptible contraction. The pace of growth was the most pronounced in 2020 when imports increased by 50%. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of activated carbon; activated natural mineral products; animal black, including spent animal blacks fell markedly to $5.2M in 2022. Over the period under review, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 89% against the previous year. As a result, imports attained the peak of $8.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black to Nigeria in 2022:

1. India (2647.4 tons)
2. United States (2387.0 tons)
3. Spain (522.6 tons)
4. Indonesia (404.8 tons)
5. Malaysia (392.6 tons)
6. China (210.9 tons)
7. Greece (12.8 tons)

Source: IndexBox Market Intelligence Platform