Report Update Nov 1, 2024

Nigeria - Sulphides of Non-Metals and Commercial Phosphorus Trisulphide - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Sulphides Of Non-Metals Market 2024

Sulphides Of Non-Metals Market Size in Nigeria

The Nigerien sulphides of non-metals market plummeted to less than $X in 2021, waning by 99.9% against the previous year. Overall, consumption recorded a significant increase. Sulphides of non-metals consumption peaked at $X in 2020, and then dropped dramatically in the following year.

Sulphides Of Non-Metals Production in Nigeria

In value terms, sulphides of non-metals production declined sharply to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 105%. As a result, production reached the peak level of $X, and then shrank dramatically in the following year.

Sulphides Of Non-Metals Exports

Exports from Nigeria

Sulphides of non-metals exports from Nigeria was estimated at X tons in 2020, therefore, remained relatively stable against the previous year. Overall, exports saw significant growth. The smallest decline of 99.9% was in 2017. The exports peaked in 2020 and are expected to retain growth in years to come.

In value terms, sulphides of non-metals exports amounted to $X in 2020. Over the period under review, exports saw a significant increase. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the maximum in 2020 and are expected to retain growth in years to come.

Exports by Country

France (X tons) was the main destination for sulphides of non-metals exports from Nigeria, with a approx. 100% share of total exports.

From 2016 to 2020, the average annual rate of growth in terms of volume to France was relatively modest.

From 2016 to 2020, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

In 2020, the average sulphides of non-metals export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price showed strong growth. The pace of growth appeared the most rapid in 2017 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2020 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for France.

From 2016 to 2020, the rate of growth in terms of prices for France amounted to 0.0% per year.

Sulphides Of Non-Metals Imports

Imports into Nigeria

In 2021, purchases abroad of sulphides of non-metals and commercial phosphorus trisulphide decreased by -84.1% to X tons, falling for the second year in a row after three years of growth. In general, imports faced a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 708% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, sulphides of non-metals imports reduced rapidly to $X in 2021. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of 859%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) was the main sulphides of non-metals supplier to Nigeria, with a 93% share of total imports. Moreover, sulphides of non-metals imports from the United States exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold. The third position in this ranking was held by the UK (X kg), with a 2.8% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-19.9% per year) and the UK (-28.5% per year).

In value terms, the United States ($X) constituted the largest supplier of sulphides of non-metals and commercial phosphorus trisulphide to Nigeria, comprising 96% of total imports. The second position in the ranking was taken by China ($X), with a 2.2% share of total imports. It was followed by the UK, with a 1.7% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-26.1% per year) and the UK (-23.8% per year).

Import Prices by Country

In 2021, the average sulphides of non-metals import price amounted to $X per ton, reducing by -8.1% against the previous year. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphides of non-metals and commercial phosphorus trisulphide in the world?

The countries with the highest volumes of in 2021 were Belgium, Germany and Austria, together comprising 40% of global consumption. These countries were followed by Colombia, Japan, India, Spain, Brazil, Argentina, Russia, Mexico, France and Bulgaria, which together accounted for a further 42%.

What are the largest producers of sulphides of non-metals and commercial phosphorus trisulphide in the world?

The countries with the highest volumes of in 2021 were Germany, Russia and the United States, together accounting for 61% of global production. These countries were followed by Japan, Argentina, India and Thailand, which together accounted for a further 29%.

What are the leading suppliers of sulphides of non-metals and commercial phosphorus trisulphide to Nigeria?

In value terms, the United States constituted the largest supplier of sulphides of non-metals to Nigeria.

What is the average export price for sulphides of non-metals and commercial phosphorus trisulphide in Nigeria?

The average sulphides of non-metals export price stood at $380 per ton in 2020, remaining constant against the previous year.

What is the average import price for sulphides of non-metals and commercial phosphorus trisulphide in Nigeria?

The average sulphides of non-metals import price stood at $1,482 per ton in 2021, waning by -9.1% against the previous year.

This report provides an in-depth analysis of the sulphides of non-metals market 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 20132260 - Sulphides of non-metals, commercial phosphorus trisulphide

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