Report Update Mar 1, 2025

Nigeria - Artificial Staple Fibres - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Artificial Staple Fibre Market 2025

Artificial Staple Fibre Market Size in Nigeria

The Nigerien artificial staple fibre market plummeted to $X in 2021, declining by -32.6% against the previous year. In general, consumption, however, recorded a slight increase. As a result, consumption attained the peak level of $X, and then contracted dramatically in the following year.

Artificial Staple Fibre Production in Nigeria

In value terms, artificial staple fibre production declined significantly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a mild increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 180% against the previous year. As a result, production reached the peak level of $X, and then fell remarkably in the following year.

Artificial Staple Fibre Exports

Exports from Nigeria

After two years of decline, overseas shipments of artificial staple fibres decreased by -39.8% to X kg in 2016. In general, exports, however, saw a prominent expansion. The exports peaked at X kg in 2015, and then contracted markedly in the following year.

In value terms, artificial staple fibre exports fell notably to $X in 2016. Overall, exports faced a precipitous curtailment. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2016, the exports remained at a lower figure.

Exports by Country

Burkina Faso (X kg) was the main destination for artificial staple fibre exports from Nigeria, with a 96% share of total exports. Moreover, artificial staple fibre exports to Burkina Faso exceeded the volume sent to the second major destination, Ghana (X kg), more than tenfold.

From 2013 to 2016, the average annual rate of growth in terms of volume to Burkina Faso was relatively modest.

In value terms, Burkina Faso ($X) emerged as the key foreign market for artificial staple fibres exports from Nigeria, comprising 86% of total exports. The second position in the ranking was held by Ghana ($X), with a 14% share of total exports.

From 2013 to 2016, the average annual rate of growth in terms of value to Burkina Faso was relatively modest.

Export Prices by Country

The average artificial staple fibre export price stood at $X per ton in 2016, waning by -20% against the previous year. Overall, the export price showed a significant decline. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2016, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2016, the country with the highest price was Ghana ($X per ton), while the average price for exports to Burkina Faso totaled $X per ton.

From 2013 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+163.2%).

Artificial Staple Fibre Imports

Imports into Nigeria

After two years of growth, supplies from abroad of artificial staple fibres decreased by -44.1% to X tons in 2021. In general, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2016 when imports increased by 203% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, artificial staple fibre imports dropped significantly to $X in 2021. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 183%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), India (X tons) and China (X kg) were the main suppliers of artificial staple fibre imports to Nigeria, with a combined 100% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +20.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of artificial staple fibres to Nigeria, comprising 80% of total imports. The second position in the ranking was held by India ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +29.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+6.8% per year) and China (-19.8% per year).

Import Prices by Country

In 2021, the average artificial staple fibre import price amounted to $X per ton, with an increase of 43% against the previous year. In general, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), 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 artificial staple fibres in the world?

The country with the largest volume of artificial staple fibre consumption was China, accounting for 15% of total volume. Moreover, artificial staple fibre consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 5.9% share.

What are the largest producers of artificial staple fibres in the world?

China remains the largest artificial staple fibre producing country worldwide, comprising approx. 16% of total volume. Moreover, artificial staple fibre production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 5.9% share.

What are the leading suppliers of artificial staple fibres to Nigeria?

In value terms, Tanzania constituted the largest supplier of artificial staple fibre to Nigeria, comprising 90% of total imports. The second position in the ranking was occupied by India, with a 10% share of total imports.

What are the leading importers of artificial staple fibres from Nigeria?

In value terms, Burkina Faso $609) emerged as the key foreign market for artificial staple fibre exports from Nigeria, comprising 86% of total exports. The second position in the ranking was occupied by Ghana $101), with a 14% share of total exports.

What is the average export price for artificial staple fibres in Nigeria?

In 2016, the average artificial staple fibre export price amounted to $1,266 per ton, shrinking by -13% against the previous year.

What is the average import price for artificial staple fibres in Nigeria?

The average artificial staple fibre import price stood at $1,207 per ton in 2020, dropping by -21.3% against the previous year.

This report provides an in-depth analysis of the artificial staple fibre 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 13103200 - Artificial staple fibres, carded, combed or otherwise processed for spinning

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024