# Nigeria Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution price positioning (HS 310210)

Canonical: https://www.yugalinks.com/trade/price-exporter/nga/310210
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Nigeria has a median reported export price of $420.7/t across 47 markets. Across the reported period, the highest observed price is $28.0K/t in Poland; the lowest is $64.0/t in Burkina Faso.

## Summary

- Price spread: 6,640.6%
- Total trade value: $3.6B
- Average quantity: 71,398 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Brazil | 2023 | $366.9/t | -9% | -47.6% | +48.5% | $1.6B | 5 | Mid |
| USA, Puerto Rico and US Virgin Islands | 2023 | $403.0/t | -25.1% | -51.3% | +47% | $430.9M | 5 | Below |
| Argentina | 2023 | $373.6/t | -13.1% | -47.7% | -47.7% | $172.8M | 2 | Mid |
| Chile | 2022 | $866.5/t | -18.8% | Not reported | +0% | $55.0M | 1 | Mid |
| India | 2023 | $583.7/t | +34.5% | -26.6% | +102.5% | $237.0M | 3 | Above |
| Indonesia | 2022 | $857.4/t | -72.1% | Not reported | +0% | $35.5M | 1 | Below |
| Italy | 2023 | $418.1/t | -22.2% | -34% | -34% | $37.3M | 2 | Mid |
| Ethiopia | 2023 | $650.9/t | +4.2% | Not reported | +0% | $32.6M | 1 | Mid |
| Benin | 2023 | $435.6/t | -49% | -30.7% | +54.7% | $99.9M | 3 | Below |
| Malawi | 2022 | $914.4/t | +0% | Not reported | +0% | $28.1M | 1 | Mid |
| Poland | 2023 | $369.7/t | -23% | -49.6% | +94.6% | $61.2M | 4 | Mid |
| Colombia | 2023 | $407.5/t | -13.6% | -56.6% | -56.6% | $30.8M | 2 | Mid |
| Uruguay | 2023 | $421.2/t | -8.6% | -47.4% | +52% | $105.5M | 3 | Mid |
| Austria | 2023 | $421.8/t | -34.6% | Not reported | +0% | $19.8M | 1 | Below |
| France | 2023 | $516.8/t | -30.6% | -32.9% | -32.9% | $64.8M | 2 | Below |
| Burkina Faso | 2023 | $214.6/t | -59.4% | +4.9% | +235.2% | $7.7M | 5 | Below |

## Price history

- Brazil: 2017 $247.1/t, 2019 $293.1/t, 2020 $258.3/t, 2022 $699.7/t, 2023 $366.9/t
- USA, Puerto Rico and US Virgin Islands: 2017 $274.1/t, 2019 $328.1/t, 2020 $260.0/t, 2022 $827.0/t, 2023 $403.0/t
- Argentina: 2022 $714.8/t, 2023 $373.6/t
- Chile: 2022 $866.5/t
- India: 2019 $288.3/t, 2022 $795.1/t, 2023 $583.7/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $250.6/t | Not reported | $135.8M | 8 |
| 2019 | $292.2/t | +16.6% | $227.0M | 13 |
| 2020 | $260.5/t | -10.9% | $132.1M | 8 |
| 2022 | $714.8/t | +174.4% | $2.0B | 35 |
| 2023 | $401.5/t | -43.8% | $1.1B | 38 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 47 importer markets; 102 reported market-year observations.

## FAQ

### What does Nigeria price positioning show for HS 310210?

It compares Nigeria's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "NGA",
  "hs_code": "310210",
  "summary": {
    "num_markets": 47,
    "highest_price_importer_iso3": "POL",
    "highest_price_usd_per_ton": 28000,
    "lowest_price_importer_iso3": "BFA",
    "lowest_price_usd_per_ton": 64.00714285714285,
    "median_price_across_markets": 420.68501051887563,
    "price_spread_pct": 6640.596208238184,
    "avg_quantity_metric_tons": 71398.05292156863,
    "total_trade_value_usd": 3572547231
  },
  "marketRows": [
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      "price_vs_median_pct": -9.007324986998189,
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    },
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  "trendRows": [
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