Report Update Nov 1, 2024

Nigeria - Articles of Cellulose Fibre-Cement or Similar Mixtures - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2024

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Nigeria

After eight years of decline, the Nigerien market for articles of asbestos-cement, of cellulose fibre-cement increased by 6.4% to $X in 2021. Over the period under review, consumption, however, recorded a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Nigeria

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt descent. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports from Nigeria

In 2015, approx. X tons of articles of asbestos-cement, of cellulose fibre-cement were exported from Nigeria; jumping by 274% compared with the previous year. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement surged to $X in 2015. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Benin (X tons) was the main destination for exports of articles of asbestos-cement, of cellulose fibre-cement from Nigeria, with a approx. 99.9% share of total exports.

From 2012 to 2015, the average annual growth rate of volume to Benin amounted to +856.5%.

In value terms, Benin ($X) also remains the key foreign market for articles of asbestos-cement, of cellulose fibre-cement exports from Nigeria.

From 2012 to 2015, the average annual growth rate of value to Benin stood at +557.7%.

Export Prices by Country

The average export price for articles of asbestos-cement, of cellulose fibre-cement stood at $X per ton in 2015, jumping by 23% against the previous year. In general, the export price, however, showed a abrupt downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2015, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Benin.

From 2012 to 2015, the rate of growth in terms of prices for Benin amounted to -31.3% per year.

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports into Nigeria

In 2021, after two years of growth, there was significant decline in overseas purchases of articles of asbestos-cement, of cellulose fibre-cement, when their volume decreased by -43.8% to X tons. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 649%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement dropped to $X in 2021. Overall, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by 846% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest articles of asbestos-cement, of cellulose fibre-cement supplier to Nigeria, accounting for a 77% share of total imports. Moreover, imports of articles of asbestos-cement, of cellulose fibre-cement from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), ninefold. The third position in this ranking was held by Italy (X tons), with a 4.9% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +35.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+42.0% per year) and Italy (+21.0% per year).

In value terms, China ($X), Italy ($X) and Indonesia ($X) appeared to be the largest articles of asbestos-cement, of cellulose fibre-cement suppliers to Nigeria, together accounting for 87% of total imports.

Among the main suppliers, Indonesia, with a CAGR of +49.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for articles of asbestos-cement, of cellulose fibre-cement stood at $X per ton in 2021, jumping by 71% against the previous year. In general, the import price enjoyed a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+131.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of asbestos-cement, of cellulose fibre-cement in the world?

The country with the largest volume of consumption of articles of asbestos-cement, of cellulose fibre-cement was China, accounting for 21% of total volume. Moreover, consumption of articles of asbestos-cement, of cellulose fibre-cement in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 8% share.

What are the largest producers of articles of asbestos-cement, of cellulose fibre-cement in the world?

The country with the largest volume of production of articles of asbestos-cement, of cellulose fibre-cement was China, accounting for 21% of total volume. Moreover, production of articles of asbestos-cement, of cellulose fibre-cement in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with an 8% share.

What are the leading suppliers of articles of asbestos-cement, of cellulose fibre-cement to Nigeria?

In value terms, China constituted the largest supplier of articles of asbestos-cement, of cellulose fibre-cement to Nigeria.

What are the leading importers of articles of asbestos-cement, of cellulose fibre-cement from Nigeria?

In value terms, Benin remains the key foreign market for articles of asbestos-cement, of cellulose fibre-cement exports from Nigeria.

What is the average export price for articles of asbestos-cement, of cellulose fibre-cement in Nigeria?

In 2015, the average export price for articles of asbestos-cement, of cellulose fibre-cement amounted to $283 per ton, jumping by 23% against the previous year.

What is the average import price for articles of asbestos-cement, of cellulose fibre-cement in Nigeria?

The average import price for articles of asbestos-cement, of cellulose fibre-cement stood at $484 per ton in 2020, waning by -57.6% against the previous year.

This report provides an in-depth analysis of the market for articles of asbestos-cement, of cellulose fibre-cement 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 23651220 - Articles of asbestos-cement, of cellulose fibre-cement or similar mixtures of fibres (asbestos, cellulose or other vegetable fibres, synthetic polymer, glass or metallic fibres, e tc.) and cement or other hydraulic binders, containing

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