Report Update Nov 1, 2024

Nigeria - Chloride Oxides and Chloride Hydroxides of Copper and Other Metals - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals 2024

Market Size for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in Nigeria

In 2021, the Nigerien chloride oxides of metal market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -32.2% against 2018 indices. Chloride oxides of metal consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in Nigeria

In value terms, chloride oxides of metal production stood at $X in 2021 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -33.0% against 2018 indices. The growth pace was the most rapid in 2017 with an increase of 70% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Exports from Nigeria

In 2021, the amount of chloride oxides and chloride hydroxides of copper and other metals exported from Nigeria stood at X kg, remaining relatively unchanged against the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, chloride oxides of metal exports totaled $X in 2021. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the near future.

Exports by Country

Kenya (X kg) was the main destination for chloride oxides of metal exports from Nigeria, with a approx. 100% share of total exports.

From 2021 to 2021, the average annual rate of growth in terms of volume to Kenya was relatively modest.

From 2021 to 2021, the average annual rate of growth in terms of value to Kenya was relatively modest.

Imports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Imports into Nigeria

In 2021, approx. X tons of chloride oxides and chloride hydroxides of copper and other metals were imported into Nigeria; with an increase of 934% compared with the year before. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 16,497% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, chloride oxides of metal imports soared to $X in 2021. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 16,681%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of chloride oxides of metal to Nigeria, accounting for a 68% share of total imports. Moreover, chloride oxides of metal imports from India exceeded the figures recorded by the second-largest supplier, South Africa (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from India amounted to +110.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-20.6% per year) and the UK (-16.2% per year).

In value terms, the largest chloride oxides of metal suppliers to Nigeria were South Africa ($X), India ($X) and the UK ($X), together accounting for 99% of total imports.

India, with a CAGR of +87.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average chloride oxides of metal import price stood at $X per ton in 2021, growing by 30% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 143% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+70.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chloride oxides and chloride hydroxides of copper and other metals in the world?

The countries with the highest volumes of chloride oxides of metal consumption in 2021 were China, India and the United States, together accounting for 43% of global consumption. Japan, the UK, Russia, Brazil, Indonesia, France, Mexico, Nigeria, Germany and Spain lagged somewhat behind, together accounting for a further 32%.

What are the largest producers of chloride oxides and chloride hydroxides of copper and other metals in the world?

China constituted the country with the largest volume of chloride oxides of metal production, accounting for 28% of total volume. Moreover, chloride oxides of metal production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with an 8.7% share.

What are the leading suppliers of chloride oxides and chloride hydroxides of copper and other metals to Nigeria?

In value terms, the United States, India and Belgium appeared to be the largest chloride oxides of metal suppliers to Nigeria, together comprising 91% of total imports.

What is the average export price for chloride oxides and chloride hydroxides of copper and other metals in Nigeria?

The average chloride oxides of metal export price stood at $350 per ton in 2021, approximately reflecting the previous year.

What is the average import price for chloride oxides and chloride hydroxides of copper and other metals in Nigeria?

The average chloride oxides of metal import price stood at $1,275 per ton in 2021, increasing by 106% against the previous year.

This report provides an in-depth analysis of the market for chloride oxides of metal 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 20133150 - Chloride oxides and chloride hydroxides of copper and other metals

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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