Price for Alkaloids, Vegetable; Caffeine and Its Salts in Nigeria - 2023
Contents:
- Price for Alkaloids, Vegetable; Caffeine and Its Salts in Nigeria (CIF) - 2022
- Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Nigeria
Price for Alkaloids, Vegetable; Caffeine and Its Salts in Nigeria (CIF) - 2022
In 2022, the average import price for alkaloids, vegetable; caffeine and its saltses amounted to $9,559 per ton, rising by 5.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 13% against the previous year. As a result, import price reached the peak level of $11,772 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 India ($13,870 per ton), while the price for Ireland ($2,088 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+24.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Nigeria
In 2022, the amount of alkaloids, vegetable; caffeine and its saltses imported into Nigeria surged to 320 tons, picking up by 473% compared with the previous year. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of alkaloids, vegetable; caffeine and its saltses skyrocketed to $3.1M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Alkaloids, Vegetable; Caffeine and Its Salts in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.8 | 165 | 53.0 | 1,732 | 1193.7% |
| China | 53.6 | 301 | 118 | 981 | 163.5% |
| India | 35.2 | 289 | 17.6 | 278 | 99.1% |
| Ireland | 19.0 | 102 | 14.8 | 63.0 | 49.1% |
| United Arab Emirates | N/A | 9.1 | N/A | N/A | 0% |
| Kenya | 36.6 | N/A | N/A | N/A | 0% |
| Netherlands | 109 | 661 | 152 | N/A | 18.1% |
| Others | 392 | 533 | 149 | 3.8 | -78.7% |
| Total | 646 | 2,060 | 505 | 3,057 | 67.9% |
Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to Nigeria in 2022:
- Germany (156.4 tons)
- China (112.7 tons)
- Ireland (30.2 tons)
- India (20.0 tons)
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