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Report Nigeria - Chlorates and Perchlorates, Bromates and Perbromates, Iodates and Periodates - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Nigeria - Chlorates and Perchlorates, Bromates and Perbromates, Iodates and Periodates - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2024

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Nigeria

In 2021, after three years of growth, there was significant decline in the Nigerien chlorates, bromates and iodates market, when its value decreased by -44.7% to $X. Overall, consumption, however, saw a buoyant increase. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports from Nigeria

Chlorates, bromates and iodates exports from Nigeria was estimated at X kg in 2021, almost unchanged from the previous year's figure. In general, exports enjoyed a moderate expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, chlorates, bromates and iodates exports amounted to $X in 2021. Overall, exports showed a mild decrease. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Niger (X kg) and Benin (X kg) were the main destinations of chlorates, bromates and iodates exports from Nigeria. Moreover, chlorates, bromates and iodates exports in Niger exceeded the figures recorded by the second-largest exporter, Benin, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Benin (with a CAGR of +3.7%).

From 2012 to 2021, the average annual growth rate of value to Benin stood at -3.4%.

Export Prices by Country

In 2021, the average chlorates, bromates and iodates export price amounted to $X per ton, remaining constant against the previous year. In general, the export price recorded a perceptible downturn. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Benin ($X per ton), while the average price for exports to Niger amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Benin (-6.7%).

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports into Nigeria

In 2021, purchases abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates decreased by -45% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 702% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, chlorates, bromates and iodates imports contracted significantly to $X in 2021. Over the period under review, imports, however, posted a slight expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 287%. As a result, imports attained the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest chlorates, bromates and iodates supplier to Nigeria, accounting for a 72% share of total imports. Moreover, chlorates, bromates and iodates imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. The third position in this ranking was taken by Belgium (X tons), with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1.7% per year) and Belgium (+7.8% per year).

In value terms, India ($X) constituted the largest supplier of chlorates and perchlorates, bromates and perbromates, iodates and periodates to Nigeria, comprising 49% of total imports. The second position in the ranking was held by China ($X), with a 24% share of total imports. It was followed by Chile, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from India stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+32.0% per year) and Chile (-9.9% per year).

Import Prices by Country

In 2021, the average chlorates, bromates and iodates import price amounted to $X per ton, growing by 4.5% against the previous year. Overall, the import price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2014 an increase of 479%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Namibia (+142.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of chlorates, bromates and iodates consumption was China, accounting for 35% of total volume. Moreover, chlorates, bromates and iodates consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 9.1% share.
China remains the largest chlorates, bromates and iodates producing country worldwide, accounting for 35% of total volume. Moreover, chlorates, bromates and iodates production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Canada, with a 7.3% share.
In value terms, Chile, Brazil and India were the largest chlorates, bromates and iodates suppliers to Nigeria, with a combined 78% share of total imports. These countries were followed by China and Belgium, which together accounted for a further 20%.
The average chlorates, bromates and iodates export price stood at $5,282 per ton in 2021, remaining relatively unchanged against the previous year.
The average chlorates, bromates and iodates import price stood at $4,236 per ton in 2021, dropping by -46.8% against the previous year.

This report provides an in-depth analysis of the market for chlorates, bromates and iodates in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20133250 - Chlorates and perchlorates, bromates and perbromates, i odates and periodates

Country coverage:

  • Nigeria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Nigeria
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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