Report Update Jan 1, 2025

Nigeria - Coarse Animal Hair - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Coarse Animal Hair Market 2025

Coarse Animal Hair Market Size in Nigeria

In 2022, after two years of growth, there was decline in the Nigerien coarse animal hair market, when its value decreased by -0.6% to $X. Overall, consumption, however, recorded pronounced growth. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Coarse Animal Hair Production in Nigeria

In value terms, coarse animal hair production expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27%. Coarse animal hair production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Coarse Animal Hair Exports

Exports from Nigeria

In 2022, approx. X kg of coarse animal hair were exported from Nigeria; increasing by 80% against the year before. In general, exports, however, continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2020 with an increase of 817% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, coarse animal hair exports fell modestly to $X in 2022. Over the period under review, exports recorded measured growth. The growth pace was the most rapid in 2020 with an increase of 1,860%. Over the period under review, the exports attained the maximum at $X in 2021, and then fell modestly in the following year.

Exports by Country

Canada (X kg) was the main destination for coarse animal hair exports from Nigeria, accounting for a 93% share of total exports. Moreover, coarse animal hair exports to Canada exceeded the volume sent to the second major destination, the United States (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled -3.8%.

In value terms, the largest markets for coarse animal hair exported from Nigeria were the United States ($X) and Canada ($X).

Canada, with a CAGR of -5.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average coarse animal hair export price stood at $X per ton in 2022, declining by -46.7% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 183% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-1.9%).

Coarse Animal Hair Imports

Imports into Nigeria

In 2020, the amount of coarse animal hair imported into Nigeria totaled X kg, approximately reflecting 2019 figures. Over the period under review, imports saw a dramatic decrease. The smallest decline of 99.9% was in 2014. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, coarse animal hair imports amounted to $X in 2020. In general, imports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2014 with an increase of 117%. As a result, imports reached the peak of $X. From 2015 to 2020, the growth of imports remained at a lower figure.

Imports by Country

In 2020, the UK (X kg) was the main supplier of coarse animal hair to Nigeria, accounting for a approx. 100% share of total imports.

From 2013 to 2020, the average annual growth rate of volume from the UK was relatively modest.

In value terms, the UK ($X) constituted the largest supplier of coarse animal hair to Nigeria.

From 2013 to 2020, the average annual growth rate of value from the UK was relatively modest.

Import Prices by Country

The average coarse animal hair import price stood at $X per ton in 2020, flattening at the previous year. In general, the import price showed a significant expansion. The most prominent rate of growth was recorded in 2014 when the average import price decreased by 99.9% against the previous year. Over the period under review, average import prices hit record highs in 2020 and is likely to see steady growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2013 to 2020, the rate of growth in terms of prices for the UK amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for coarse animal hair in the world?

The country with the largest volume of coarse animal hair consumption was China, comprising approx. 42% of total volume. Moreover, coarse animal hair consumption in China exceeded the figures recorded by the second-largest consumer, Kazakhstan, twofold. The third position in this ranking was occupied by Pakistan, with a 7.7% share.

What are the largest producers of coarse animal hair in the world?

The countries with the highest volumes of coarse animal hair production in 2021 were Kazakhstan, Pakistan and Turkmenistan, together accounting for 53% of global production. Kyrgyzstan, Uzbekistan, Belgium and Turkey lagged somewhat behind, together accounting for a further 35%.

What are the leading suppliers of coarse animal hair to Nigeria?

In value terms, the UK $387) constituted the largest supplier of coarse animal hair to Nigeria.

What are the leading importers of coarse animal hair from Nigeria?

In value terms, the United States $572) emerged as the key foreign market for coarse animal hair exports from Nigeria, comprising 100% of total exports. The second position in the ranking was occupied by Canada $2), with a 0.3% share of total exports.

What is the average export price for coarse animal hair in Nigeria?

The average coarse animal hair export price stood at $2,609 per ton in 2021, which is down by -22.3% against the previous year.

What is the average import price for coarse animal hair in Nigeria?

In 2020, the average coarse animal hair import price amounted to $387,000 per ton, with an increase of 7,640% against the previous year.

This report provides an in-depth analysis of the coarse animal hair 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:

FCL 1031 - Coarse goat hair

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