Price for Colloidal or Semi-Colloidal Graphite in Nigeria - 2023

Contents:

  1. Price for Colloidal or Semi-Colloidal Graphite in Nigeria (CIF) - 2022
  2. Imports of Colloidal or Semi-Colloidal Graphite in Nigeria

Price for Colloidal or Semi-Colloidal Graphite in Nigeria (CIF) - 2022

In 2022, the average colloidal or semi-colloidal graphite import price amounted to $12,237 per ton, remaining relatively unchanged against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of 49%. Over the period under review, average import prices attained the maximum at $22,919 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($27,414 per ton), while the price for the United States ($11,251 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Colloidal or Semi-Colloidal Graphite in Nigeria

In 2022, approx. 6 tons of colloidal or semi-colloidal graphite were imported into Nigeria; surging by 15% compared with 2021. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 293%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, colloidal or semi-colloidal graphite imports rose notably to $73K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 288% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Colloidal or Semi-Colloidal Graphite in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.54.815.548.271.8%
United Kingdom5.32.26.110.224.4%
Turkey7.04.821.38.56.7%
Germany1.63.820.45.147.2%
Others0.30.80.40.838.7%
Total23.716.463.672.845.4%

Top Suppliers of Colloidal or Semi-Colloidal Graphite to Nigeria in 2022:

  1. United States (4.3 tons)
  2. Turkey (0.7 tons)
  3. United Kingdom (0.6 tons)
  4. Germany (0.4 tons)

Source: IndexBox Market Intelligence Platform

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