Polyethylene glycol wax imports in Nigeria: data, top suppliers and prices
Imports of polyethylene glycol wax by Nigeria reached $6.2 million in 2024 (3.0 thousand tonnes). Its share of world imports was 1%. That is 58% less than in 2023. Over 2017-2024 the trade grew strongly, by about 35% a year on average. The peak in this period was 2023, at $14.6 million.
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 | $6.2M | 3.0K t |
| 2023 | $14.6M | 7.0K t |
| 2022 | $349K | 94 t |
| 2021 | $157K | 54 t |
| 2020 | $398K | 136 t |
| 2019 | $290K | 146 t |
| 2018 | $203K | 100 t |
| 2017 | $750K | 184 t |
Where Nigeria imports polyethylene glycol wax from
South Korea alone supplied 65% of it. Among the main suppliers, India grew fastest (+258% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| South Korea | $4.0M | 65% |
| China | $1.8M | 29% |
| India | $205K | 3.3% |
| Spain | $77K | 1.2% |
| United Kingdom | $48K | 0.8% |
| Belgium | $16K | 0.3% |
| United States | $10K | 0.2% |
| Germany | $4K | 0.1% |
| Israel | $2K | 0% |
Average import price per kg
The average declared value was about $2.08 per kg, 33% above the world average of $1.56. 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 polyethylene glycol wax imports (HS 3404.20): 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 3404.20: Waxes: artificial and prepared, of poly(oxyethylene) (polyethylene glycol).
Common questions
What is the value of polyethylene glycol wax imported by Nigeria?
Nigeria imported polyethylene glycol wax worth $6.2 million in 2024, the latest year with complete public data, about 3.0 thousand tonnes. That ranks it 21st of 162 countries worldwide, with 1% of world imports. The value was down 58% on 2023.
Which countries supply polyethylene glycol wax to Nigeria?
South Korea was the largest supplier with 65% of the value ($4.0 million), followed by China (29%) and India (3%). The top three together account for 97%, out of 9 supplier countries in total. India grew fastest among the top ten, up 258% on the year.
What is the average import price of polyethylene glycol wax per kg?
The average declared import value was about $2.08 per kg in 2024, 33% above the world average of $1.56 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of polyethylene glycol wax to Nigeria changed since 2017?
Imports went from $750 thousand in 2017 to $6.2 million in 2024, an increase of 725%. The peak was 2023 at $14.6 million. Over 8 years the average was $2.9 million a year.
What is the HS code for polyethylene glycol wax?
The HS code for polyethylene glycol wax is subheading 3404.20. It sits in HS chapter 34 (soap, organic surface-active agents; washing, lubricating, polishing or scouring preparations; artificial or prepared waxes, candles and similar articles, modelling pastes, dental waxes and dental preparations with a basis of plaster). The full list of codes and descriptions is on the HS 3404 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 polyethylene glycol wax trade: top importers and exporters
More trade data for Nigeria
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