Report Update Nov 1, 2024

Nigeria - Calcined and Sintered Dolomite - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Calcined And Sintered Dolomite 2024

Market Size for Calcined And Sintered Dolomite in Nigeria

In 2021, the Nigerien calcined and sintered dolomite market decreased by -0.7% to $X for the first time since 2015, thus ending a five-year rising trend. In general, the total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +59.1% against 2015 indices. Calcined and sintered dolomite consumption peaked at $X in 2020, and then contracted modestly in the following year.

Production of Calcined And Sintered Dolomite in Nigeria

In value terms, calcined and sintered dolomite production declined to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 21% against the previous year. Calcined and sintered dolomite production peaked at $X in 2020, and then contracted slightly in the following year.

Exports of Calcined And Sintered Dolomite

Exports from Nigeria

In 2021, after five years of decline, there was decline in shipments abroad of calcined and sintered dolomite, when their volume decreased by 0% to X tons. Overall, exports faced a precipitous decrease. The pace of growth appeared the most rapid in 2013 with an increase of 100%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, calcined and sintered dolomite exports totaled $X in 2021. In general, exports recorded a sharp downturn. The growth pace was the most rapid in 2013 with an increase of 120% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ghana (X tons) was the main destination for calcined and sintered dolomite exports from Nigeria, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Ghana amounted to -28.0%.

In value terms, Ghana ($X) also remains the key foreign market for calcined and sintered dolomite exports from Nigeria.

From 2012 to 2021, the average annual rate of growth in terms of value to Ghana amounted to -30.9%.

Export Prices by Country

In 2021, the average calcined and sintered dolomite export price amounted to $X per ton, rising by 3.6% against the previous year. In general, the export price, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2013 an increase of 10%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average 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 2021, the rate of growth in terms of prices for Ghana amounted to -4.1% per year.

Imports of Calcined And Sintered Dolomite

Imports into Nigeria

In 2021, the amount of calcined and sintered dolomite imported into Nigeria soared to X tons, picking up by 39% against 2020 figures. In general, imports posted a significant increase. The growth pace was the most rapid in 2014 when imports increased by 683%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, calcined and sintered dolomite imports surged to $X in 2021. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 596%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) was the main calcined and sintered dolomite supplier to Nigeria, accounting for a 98% share of total imports. It was followed by India (X tons), with a 1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +35.4%.

In value terms, Spain ($X) constituted the largest supplier of calcined and sintered dolomite to Nigeria, comprising 94% of total imports. The second position in the ranking was held by India ($X), with a 0.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +39.4%.

Import Prices by Country

The average calcined and sintered dolomite import price stood at $X per ton in 2021, rising by 13% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2013 an increase of 45% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for India totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.1%), 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 calcined and sintered dolomite in the world?

China remains the largest calcined and sintered dolomite consuming country worldwide, comprising approx. 16% of total volume. Moreover, calcined and sintered dolomite 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 6.2% share.

What are the largest producers of calcined and sintered dolomite in the world?

The country with the largest volume of calcined and sintered dolomite production was China, accounting for 16% of total volume. Moreover, calcined and sintered dolomite production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 6% share.

What are the leading suppliers of calcined and sintered dolomite to Nigeria?

In value terms, Spain constituted the largest supplier of calcined and sintered dolomite to Nigeria, comprising 89% of total imports. The second position in the ranking was occupied by China, with an 8.9% share of total imports.

What are the leading importers of calcined and sintered dolomite from Nigeria?

In value terms, Ghana remains the key foreign market for calcined and sintered dolomite exports from Nigeria.

What is the average export price for calcined and sintered dolomite in Nigeria?

In 2021, the average calcined and sintered dolomite export price amounted to $298 per ton, reducing by -8.1% against the previous year.

What is the average import price for calcined and sintered dolomite in Nigeria?

In 2021, the average calcined and sintered dolomite import price amounted to $137 per ton, rising by 7.5% against the previous year.

This report provides an in-depth analysis of the market for calcined and sintered dolomite 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 23523030 - Calcined and sintered dolomite, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs

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
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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