Nigeria: Articles Of Gut Market 2025

Articles Of Gut Market Size in Nigeria

The Nigerien articles of gut market contracted modestly to $X in 2022, dropping by -4.6% against the previous year. Overall, consumption, however, posted tangible growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Articles Of Gut Production in Nigeria

In value terms, articles of gut production totaled $X in 2022 estimated in export price. Overall, production showed a pronounced slump. The pace of growth appeared the most rapid in 2020 with an increase of 14%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Articles Of Gut Exports

Exports from Nigeria

For the third consecutive year, Nigeria recorded decline in shipments abroad of articles of gut, goldbeater’s skin, bladders or tendons, which decreased by 0% to X kg in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 1,400% against the previous year. As a result, the exports reached the peak of X kg. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, articles of gut exports skyrocketed to $X in 2022. Over the period under review, exports recorded a deep reduction. The growth pace was the most rapid in 2013 with an increase of 1,131% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ghana (X kg) was the main destination for articles of gut exports from Nigeria, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ghana was relatively modest.

In value terms, Ghana ($X) also remains the key foreign market for articles of gut, goldbeater’s skin, bladders or tendons exports from Nigeria.

From 2012 to 2022, the average annual growth rate of value to Ghana stood at -8.8%.

Export Prices by Country

In 2022, the average articles of gut export price amounted to $X per ton, jumping by 26% against the previous year. In general, the export price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 84%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to -8.8% per year.

Articles Of Gut Imports

Imports into Nigeria

In 2022, approx. X kg of articles of gut, goldbeater’s skin, bladders or tendons were imported into Nigeria; waning by -4.2% on 2021 figures. In general, imports, however, showed a noticeable expansion. The pace of growth was the most pronounced in 2019 with an increase of 1,069%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, articles of gut imports contracted to $X in 2022. Overall, imports, however, recorded prominent growth. The growth pace was the most rapid in 2019 with an increase of 582%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X kg) constituted the largest articles of gut supplier to Nigeria, with a 89% share of total imports. Moreover, articles of gut imports from China exceeded the figures recorded by the second-largest supplier, the United States (X kg), eightfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +1.3%.

In value terms, the largest articles of gut suppliers to Nigeria were the United States ($X) and China ($X).

In terms of the main suppliers, the United States, with a CAGR of +26.6%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average articles of gut import price stood at $X per ton in 2022, with a decrease of -10.2% against the previous year. Overall, the import price, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2016 an increase of 65%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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