Price for Halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzene in Nigeria - 2022
Contents:
- Price for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Nigeria (CIF) - 2022
- Imports of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Nigeria
Price for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Nigeria (CIF) - 2022
The average import price for halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes stood at $1,707 per ton in 2022, jumping by 87% against the previous year. Over the period under review, import price indicated moderate growth from 2015 to 2022: its price increased at an average annual rate of +4.3% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,797 per ton), while the price for China ($1,561 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+34.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Nigeria
Imports of halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes into Nigeria expanded significantly to 2.6K tons in 2022, growing by 7.4% against the previous year's figure. In general, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -35.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 75% against the previous year. As a result, imports attained the peak of 4.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes skyrocketed to $4.4M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.5 | 2.8 | 0.6 | 2.8 | 23.1% |
| China | 0.6 | 1.0 | 1.2 | 1.2 | 26.0% |
| Japan | N/A | N/A | 0.4 | 0.4 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.2 | 3.9 | 2.2 | 4.4 | 26.0% |
Top Suppliers of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene to Nigeria in 2022:
- India (1564.3 tons)
- China (793.4 tons)
- Japan (240.4 tons)
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