Price for Glass; Unworked, in Rods in Nigeria - 2023
Contents:
- Price for Glass; Unworked, in Rods in Nigeria (CIF) - 2022
- Price for Glass; Unworked, in Rods in Nigeria (FOB) - 2022
- Imports of Glass; Unworked, in Rods in Nigeria
- Exports of Glass; Unworked, in Rods in Nigeria
Price for Glass; Unworked, in Rods in Nigeria (CIF) - 2022
In 2022, the average glass; unworked, in rods import price amounted to $8,838 per ton, jumping by 28% against the previous year. Over the period under review, the import price showed a moderate expansion. The pace of growth was the most pronounced in 2020 an increase of 93% against the previous year. Over the period under review, average import prices hit record highs at $11,858 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +77.4% per year.
Price for Glass; Unworked, in Rods in Nigeria (FOB) - 2022
In 2022, the average glass; unworked, in rods export price amounted to $22,500 per ton, growing by 17% against the previous year. Over the period under review, the export price recorded a remarkable increase. The growth pace was the most rapid in 2018 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices attained the maximum at $22,667 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($27,000 per ton), while the average price for exports to Gambia totaled $9,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+23.2%).
Imports of Glass; Unworked, in Rods in Nigeria
Glass; unworked, in rods imports into Nigeria reduced markedly to 37 kg in 2022, declining by -81.7% on the year before. Over the period under review, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 2%.
In value terms, glass; unworked, in rods imports dropped rapidly to $327 in 2022. In general, imports saw a sharp shrinkage. The smallest decline of -15.5% was in 2021.
| Import of Glass; Unworked, in Rods in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.7 | 1.5 | 1.3 | 0.3 | -62.5% |
| Germany | 2.7 | N/A | N/A | N/A | 0% |
| India | 0.1 | N/A | N/A | N/A | 0% |
| Italy | 0.6 | 0.1 | 0.1 | N/A | -59.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.1 | 1.7 | 1.4 | 0.3 | -67.9% |
Top Suppliers of Glass; Unworked, in Rods to Nigeria in 2022:
- China (37.0 kg)
Exports of Glass; Unworked, in Rods in Nigeria
In 2022, approx. 8 kg of glass; unworked, in rodses were exported from Nigeria; reducing by -11.1% on the previous year's figure. In general, exports showed a pronounced setback.
In value terms, glass; unworked, in rods exports reached $180 in 2022. Over the period under review, exports saw a perceptible decline.
| Export of Glass; Unworked, in Rods in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 184 | 170 | 156 | 162 | -4.2% |
| Gambia | 20.0 | 18.0 | 17.0 | 18.0 | -3.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 204 | 188 | 173 | 180 | -4.1% |
Top Export Markets for Glass; Unworked, in Rods from Nigeria in 2022:
- Niger (6.0 kg)
- Gambia (2.0 kg)
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