Price for Portland Cement, White, Whether or Not Artificially Coloured in Nigeria - 2022
Contents:
- Price for Portland Cement, White, Whether or Not Artificially Coloured in Nigeria (CIF) - 2022
- Imports of Portland Cement, White, Whether or Not Artificially Coloured in Nigeria
Price for Portland Cement, White, Whether or Not Artificially Coloured in Nigeria (CIF) - 2022
The average import price for portland cement, white, whether or not artificially coloured stood at $178 per ton in 2022, increasing by 5.2% against the previous year. Overall, the import price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 26% against the previous year. The import price peaked at $322 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($402 per ton), while the price for China ($150 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Portland Cement, White, Whether or Not Artificially Coloured in Nigeria
Imports of portland cement, white, whether or not artificially coloured into Nigeria soared to 9.1K tons in 2022, growing by 35% against 2021. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.7% 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 -23.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 59%. As a result, imports attained the peak of 12K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of portland cement, white, whether or not artificially coloured surged to $1.6M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 -19.9% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 64% against the previous year. As a result, imports attained the peak of $2M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Portland Cement, White, Whether or Not Artificially Coloured in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 254 | 964 | 804 | 1,045 | 60.2% |
| United Arab Emirates | 187 | 122 | 59.7 | 132 | -11.0% |
| Turkey | 36.3 | 457 | 35.2 | 73.0 | 26.2% |
| India | 315 | 68.1 | 156 | 39.0 | -50.2% |
| China | 439 | 407 | 78.2 | 3.0 | -81.0% |
| Others | 6.0 | 8.4 | 11.5 | 331 | 280.7% |
| Total | 1,237 | 2,027 | 1,144 | 1,623 | 9.5% |
Top Suppliers of Portland Cement, White, Whether or Not Artificially Coloured to Nigeria in 2022:
- Egypt (5.0K tons)
- Turkey (0.3K tons)
- United Arab Emirates (0.3K tons)
- India (0.2K tons)
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