Price for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in Nigeria - 2022
Contents:
- Price for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in Nigeria (CIF) - 2022
- Imports of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in Nigeria
Price for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in Nigeria (CIF) - 2022
In 2022, the average import price for mixtures and preparations containing oxirane (ethylene oxide)s amounted to $1,113 per ton, which is down by -18.6% against the previous year. Overall, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 25%. As a result, import price attained the peak level of $5,624 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
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 ($1,128 per ton), while the price for India stood at $392 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.5%), while the prices for the other major suppliers experienced a decline.
Imports of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in Nigeria
In 2022, the amount of mixtures and preparations containing oxirane (ethylene oxide)s imported into Nigeria soared to 292 tons, picking up by 128% on the year before. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 482% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of mixtures and preparations containing oxirane (ethylene oxide)s skyrocketed to $325K in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 588% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 10.6 | 0.7 | 315 | 445.1% |
| India | N/A | N/A | 174 | 5.0 | -97.1% |
| Denmark | 29.9 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 14.9 | 0.2 | 5.5 | 90.1% |
| Total | 30.6 | 25.5 | 175 | 325 | 119.8% |
Top Suppliers of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) to Nigeria in 2022:
- China (279.2 tons)
- India (12.9 tons)
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