Report Update Nov 1, 2024

Nigeria - Aniline Derivatives and Their Salts - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Aniline Derivatives Market 2024

Aniline Derivatives Market Size in Nigeria

In 2021, after four years of growth, there was significant decline in the Nigerien aniline derivatives market, when its value decreased by -6.7% to $X. The market value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Aniline derivatives consumption peaked at $X in 2020, and then contracted in the following year.

Aniline Derivatives Production in Nigeria

In value terms, aniline derivatives production dropped to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 18% against the previous year. Aniline derivatives production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Aniline Derivatives Exports

Exports from Nigeria

In 2021, aniline derivatives exports from Nigeria totaled less than X kg, approximately equating 2020. Over the period under review, exports saw a relatively flat trend pattern.

In value terms, aniline derivatives exports stood at less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.

Aniline Derivatives Imports

Imports into Nigeria

In 2021, aniline derivatives imports into Nigeria skyrocketed to X tons, jumping by 28% on 2020. Overall, imports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of 795% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, aniline derivatives imports expanded remarkably to $X in 2021. Over the period under review, imports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of 615%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X kg) constituted the largest aniline derivatives supplier to Nigeria, accounting for a 81% share of total imports. Moreover, aniline derivatives imports from China exceeded the figures recorded by the second-largest supplier, India (X kg), tenfold. The UK (X kg) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +26.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-25.0% per year) and the UK (+30.7% per year).

In value terms, China ($X) constituted the largest supplier of aniline derivatives and their salts to Nigeria, comprising 65% of total imports. The second position in the ranking was held by India ($X), with a 31% share of total imports. It was followed by South Africa, with a 2.5% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-19.9% per year) and South Africa (+39.5% per year).

Import Prices by Country

The average aniline derivatives import price stood at $X per ton in 2021, which is down by -17.1% against the previous year. Over the period under review, the import price saw a perceptible slump. The pace of growth was the most pronounced in 2016 an increase of 64%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aniline derivatives and their salts in the world?

The country with the largest volume of aniline derivatives consumption was China, comprising approx. 37% of total volume. Moreover, aniline derivatives consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sevenfold. Germany ranked third in terms of total consumption with a 4.9% share.

What are the largest producers of aniline derivatives and their salts in the world?

The country with the largest volume of aniline derivatives production was China, accounting for 53% of total volume. Moreover, aniline derivatives production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Russia, with a 6.8% share.

What are the leading suppliers of aniline derivatives and their salts to Nigeria?

In value terms, China $931), India $796) and South Africa $61) constituted the largest aniline derivatives suppliers to Nigeria, together comprising 97% of total imports.

What is the average import price for aniline derivatives and their salts in Nigeria?

The average aniline derivatives import price stood at $1,783 per ton in 2021, dropping by -9.9% against the previous year.

This report provides an in-depth analysis of the aniline derivatives market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20144153 - Aniline derivatives and their salts

Country coverage:

Nigeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nigeria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023