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Report Nigeria - Dibutyl and Dioctyl Orthophthalates Other Esters of Orthophthalic Acid - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Nigeria - Dibutyl and Dioctyl Orthophthalates Other Esters of Orthophthalic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Nigeria

In 2022, the Nigerien market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -14.7% to $X, falling for the second consecutive year after four years of growth. In general, consumption continues to indicate a perceptible shrinkage. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from Nigeria

In 2018, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Nigeria amounted to X kg, approximately reflecting the previous year's figure. Over the period under review, exports recorded a dramatic decline. The smallest decline of 99.9% was in 2014. The exports peaked at X tons in 2013; however, from 2014 to 2018, the exports remained at a lower figure.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X in 2018. In general, exports recorded a sharp reduction. The smallest decline of 99.9% was in 2014. The exports peaked at $X in 2013; however, from 2014 to 2018, the exports failed to regain momentum.

Exports by Country

Ghana (X kg) was the main destination for exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Nigeria, with a approx. 100% share of total exports.

From 2013 to 2018, the average annual growth rate of volume to Ghana was relatively modest.

From 2013 to 2018, the average annual rate of growth in terms of value to Ghana was relatively modest.

Export Prices by Country

In 2018, the average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2013; however, from 2014 to 2018, the export prices stood at a somewhat lower figure.

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

From 2013 to 2018, the rate of growth in terms of prices for Ghana amounted to 0.0% per year.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into Nigeria

In 2022, overseas purchases of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -23.5% to X tons, falling for the second year in a row after four years of growth. In general, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2017 with an increase of 34%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid dropped to $X in 2022. Overall, imports saw a perceptible downturn. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Korea (X tons) constituted the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplier to Nigeria, accounting for a 40% share of total imports. Moreover, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from South Korea exceeded the figures recorded by the second-largest supplier, Democratic People's Republic of Korea (X tons), fourfold. China (X tons) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea stood at -8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Democratic People's Republic of Korea (+24.2% per year) and China (+0.7% per year).

In value terms, South Korea ($X) constituted the largest supplier of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Nigeria, comprising 37% of total imports. The second position in the ranking was held by Democratic People's Republic of Korea ($X), with a 4.5% share of total imports. It was followed by China, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value from South Korea stood at -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Democratic People's Republic of Korea (+15.0% per year) and China (-2.6% per year).

Import Prices by Country

In 2022, the average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, rising by 16% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 48%. The import price peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Taiwan Chinese), South Korea and China, with a combined 62% share of global consumption.
The countries with the highest volumes of in 2021 were Taiwan Chinese), South Korea and Malaysia, with a combined 79% share of global production.
In value terms, South Korea constituted the largest supplier of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Nigeria, comprising 81% of total imports. The second position in the ranking was occupied by Vietnam, with a 1.8% share of total imports.
The average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $741 per ton in 2018, remaining constant against the previous year.
In 2021, the average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $1,077 per ton, dropping by -2% against the previous year.

This report provides an in-depth analysis of the market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid 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 20143410 - Dibutyl and dioctyl orthophthalates
  • Prodcom 20143420 - Other esters of orthophthalic acid

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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