Synthetic paraffin wax imports in Nigeria: data, top suppliers and prices
In 2024, Nigeria imported synthetic paraffin wax worth $6.2 million (4.4 thousand tonnes). That is 25% less than in 2023. Over 2017-2024 the trade grew strongly, by about 35% a year on average. The peak in this period was 2022, at $9.0 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 | 4.4K t |
| 2023 | $8.3M | 4.4K t |
| 2022 | $9.0M | 4.9K t |
| 2021 | $2.1M | 1.7K t |
| 2020 | $2.1M | 2.1K t |
| 2019 | $1.6M | 1.2K t |
| 2018 | $1.3M | 919 t |
| 2017 | $760K | 672 t |
Where Nigeria imports synthetic paraffin wax from
The largest suppliers were China (37%), Egypt (29%), United Arab Emirates (25%). Among the main suppliers, Thailand grew fastest (+685% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $2.3M | 37% |
| Egypt | $1.8M | 29% |
| United Arab Emirates | $1.6M | 25% |
| Thailand | $268K | 4.3% |
| Germany | $172K | 2.8% |
| South Africa | $50K | 0.8% |
| South Korea | $46K | 0.7% |
| India | $35K | 0.6% |
| Netherlands | $8K | 0.1% |
| Belgium | $6K | 0.1% |
Average import price per kg
The average declared value was about $1.40 per kg, close to the world average of $1.41.
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 synthetic paraffin wax imports (HS 2712.20): 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 2712.20: Paraffin wax: containing by weight less than 0.75% of oil, obtained by synthesis or by other processes, whether or not coloured.
Common questions
What is the value of synthetic paraffin wax imported by Nigeria?
Nigeria imported synthetic paraffin wax worth $6.2 million in 2024, the latest year with complete public data, about 4.4 thousand tonnes. That ranks it 43rd of 189 countries worldwide, with 0% of world imports. The value was down 25% on 2023.
Which countries supply synthetic paraffin wax to Nigeria?
China was the largest supplier with 37% of the value ($2.3 million), followed by Egypt (29%) and the United Arab Emirates (25%). The top three together account for 90%, out of 14 supplier countries in total. South Africa grew fastest among the top ten, up 913% on the year.
What is the average import price of synthetic paraffin wax per kg?
The average declared import value was about $1.40 per kg in 2024, close to the world average of $1.41 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of synthetic paraffin wax to Nigeria changed since 2017?
Imports went from $760 thousand in 2017 to $6.2 million in 2024, an increase of 717%. The peak was 2022 at $9.0 million. Over 8 years the average was $3.9 million a year.
What is the HS code for synthetic paraffin wax?
The HS code for synthetic paraffin wax is subheading 2712.20. It sits in HS chapter 27 (mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). The full list of codes and descriptions is on the HS 2712 page.
How can I find the companies behind this trade?
EximDataX has a direct customs feed for Nigeria, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
Same product, other countries
World synthetic paraffin wax trade: top importers and exporters
More trade data for Nigeria
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