Hot-rolled alloy steel bar imports in Nigeria: data, top suppliers and prices
Nigeria imported $6.6 million of hot-rolled alloy steel bar in 2024 (2.9 thousand tonnes). Value rose 2499% on 2023. Over 2017-2024 the trade grew strongly, by about 20% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $6.6M | 2.9K t |
| 2023 | $256K | 110 t |
| 2022 | $141K | 86 t |
| 2021 | $71K | 33 t |
| 2020 | $256K | 184 t |
| 2019 | $7.6M | 5.3K t |
| 2018 | $7.8M | 9.4K t |
| 2017 | $1.8M | 4.9K t |
Where Nigeria imports hot-rolled alloy steel bar from
One supplier dominates: United Kingdom accounted for 67% of the value.
| Supplier country | Value | Share |
|---|---|---|
| United Kingdom | $4.5M | 67% |
| China | $2.0M | 30% |
| India | $206K | 3.1% |
| United Arab Emirates | $0K | 0% |
| Spain | $0K | 0% |
| Finland | $0K | 0% |
Average import price per kg
The average declared value was about $2.32 per kg, 113% above the world average of $1.09. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria hot-rolled alloy steel bar imports (HS 7228.30): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7228.30: Steel, alloy: bars and rods, hot-rolled, hot-drawn or extruded.
Common questions
What is the value of hot-rolled alloy steel bar imported by Nigeria?
Nigeria imported hot-rolled alloy steel bar worth $6.6 million in 2024, the latest year with complete public data, about 2.9 thousand tonnes. That ranks it 63rd of 183 countries worldwide, with 0% of world imports.
Which countries supply hot-rolled alloy steel bar to Nigeria?
The United Kingdom was the largest supplier with 67% of the value ($4.5 million), followed by China (30%) and India (3%). The top three together account for 100%, out of 6 supplier countries in total. India grew fastest among the top ten, up 26% on the year.
What is the average import price of hot-rolled alloy steel bar per kg?
The average declared import value was about $2.32 per kg in 2024, 113% above the world average of $1.09 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of hot-rolled alloy steel bar to Nigeria changed since 2017?
Imports went from $1.8 million in 2017 to $6.6 million in 2024, an increase of 265%. The peak was 2018 at $7.8 million. Over 8 years the average was $3.1 million a year.
What is the HS code for hot-rolled alloy steel bar?
The HS code for hot-rolled alloy steel bar is subheading 7228.30. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7228 page.
How can I find the companies behind this trade?
Shipment-level records for Nigeria reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
World hot-rolled alloy steel bar trade: top importers and exporters
More trade data for Nigeria
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