Steel storage tanks imports in Nigeria: data, top suppliers and prices
Imports of steel storage tanks by Nigeria reached $16.7 million in 2024 (3.1 thousand tonnes). Value fell 27% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2019, at $86.4 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 | $16.7M | 3.1K t |
| 2023 | $22.8M | 3.1K t |
| 2022 | $44.6M | 6.0K t |
| 2021 | $18.4M | 4.2K t |
| 2020 | $18.7M | 4.8K t |
| 2019 | $86.4M | 22.3K t |
| 2018 | $27.4M | 9.7K t |
| 2017 | $12.3M | 2.5K t |
Where Nigeria imports steel storage tanks from
The largest suppliers were China (33%), United States (15%), Belgium (11%). Among the main suppliers, Belgium grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| China | $5.5M | 33% |
| United States | $2.5M | 15% |
| Belgium | $1.8M | 11% |
| Italy | $1.4M | 8.4% |
| United Arab Emirates | $1.0M | 6.1% |
| Bulgaria | $927K | 5.6% |
| South Korea | $801K | 4.8% |
| Portugal | $527K | 3.2% |
| India | $519K | 3.1% |
| Turkey | $437K | 2.6% |
Average import price per kg
The average declared value was about $5.35 per kg, close to the world average of $4.83.
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 steel storage tanks imports (HS 7309): 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 7309: Reservoirs, tanks, vats and similar containers; for any material (excluding compressed or liquefied gas), of iron or steel, capacity exceeding 300l, whether or not lined or heat insulated.
Common questions
What is the value of steel storage tanks imported by Nigeria?
Nigeria imported steel storage tanks worth $16.7 million in 2024, the latest year with complete public data, about 3.1 thousand tonnes. That ranks it 59th of 220 countries worldwide, with 0% of world imports. The value was down 27% on 2023.
Which countries supply steel storage tanks to Nigeria?
China was the largest supplier with 33% of the value ($5.5 million), followed by the United States (15%) and Belgium (11%). The top three together account for 60%, out of 30 supplier countries in total. The United States grew fastest among the top ten, up 435% on the year.
What is the average import price of steel storage tanks per kg?
The average declared import value was about $5.35 per kg in 2024, 11% above the world average of $4.83 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of steel storage tanks to Nigeria changed since 2017?
Imports went from $12.3 million in 2017 to $16.7 million in 2024, an increase of 36%. The peak was 2019 at $86.4 million. Over 8 years the average was $30.9 million a year.
What is the HS code for steel storage tanks?
The HS code for steel storage tanks is heading 7309. In Nigeria all of this trade was declared under the six-digit code 7309.00. It sits in HS chapter 73 (iron or steel articles). The full list of codes and descriptions is on the HS 7309 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 steel storage tanks trade: top importers and exporters
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