We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Nigeria - Esters of Methacrylic Acid - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 1, 2025

Nigeria - Esters of Methacrylic Acid - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Nigeria: Methacrylic Acid Esters Market 2025

Methacrylic Acid Esters Market Size in Nigeria

In 2022, the Nigerien methacrylic acid esters market decreased by -11% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Methacrylic acid esters consumption peaked at $X in 2021, and then dropped in the following year.

Methacrylic Acid Esters Imports

Imports into Nigeria

In 2022, after two years of growth, there was decline in supplies from abroad of esters of methacrylic acid, when their volume decreased by -2.5% to X tons. Over the period under review, imports, however, showed a modest expansion. The pace of growth appeared the most rapid in 2020 with an increase of 74% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then reduced modestly in the following year.

In value terms, methacrylic acid esters imports shrank rapidly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 68%. Imports peaked at $X in 2021, and then dropped markedly in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest methacrylic acid esters supplier to Nigeria, with a 47% share of total imports. Moreover, methacrylic acid esters imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The United States (X tons) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+26.5% per year) and the United States (+55.7% per year).

In value terms, the Netherlands ($X), China ($X) and the United States ($X) appeared to be the largest methacrylic acid esters suppliers to Nigeria, with a combined 81% share of total imports.

The United States, with a CAGR of +28.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average methacrylic acid esters import price stood at $X per ton in 2022, shrinking by -16.3% against the previous year. In general, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of 51% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, 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 India ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.9%), 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 methacrylic acid esters consumption in 2020 were China, Singapore and the United States, with a combined 30% share of global consumption.
The countries with the highest volumes of methacrylic acid esters production in 2020 were Singapore, the UK and the United States, with a combined 46% share of global production. Japan, Saudi Arabia, Thailand and Germany lagged somewhat behind, together accounting for a further 45%.
In value terms, the Netherlands constituted the largest supplier of methacrylic acid esters to Nigeria.
In 2011, the average methacrylic acid esters export price amounted to $561 per ton, standing approx. at the previous year.
In 2020, the average methacrylic acid esters import price amounted to $1,679 per ton, which is down by -25.1% against the previous year.

This report provides an in-depth analysis of the methacrylic acid esters 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 20143340 - Esters of methacrylic 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 THE 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 TRENDSThis Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    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 Export

    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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 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, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    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: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    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, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    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, 2012–2024

Recommended reports

Asia - Esters of Methacrylic Acid - Market Analysis, Forecast, Size, Trends and Insights
$599
Jun 1, 2025
Eye 310

This report provides an in-depth analysis of the methacrylic acid esters market in Asia.

U.S. - Esters of Methacrylic Acid - Market Analysis, Forecast, Size, Trends and Insights
$599
Jun 1, 2025
Eye 370

This report provides an in-depth analysis of the methacrylic acid esters market in the U.S..

China - Esters of Methacrylic Acid - Market Analysis, Forecast, Size, Trends and Insights
$599
Jun 1, 2025
Eye 373

This report provides an in-depth analysis of the methacrylic acid esters market in China.

EU - Esters of Methacrylic Acid - Market Analysis, Forecast, Size, Trends and Insights
$599
Jun 1, 2025
Eye 337

This report provides an in-depth analysis of the methacrylic acid esters market in the EU.

World - Esters of Methacrylic Acid - Market Analysis, Forecast, Size, Trends and Insights
$599
Jun 1, 2025
Eye 542

This report provides an in-depth analysis of the global methacrylic acid esters market.

Free Data: Esters Of Methacrylic Acid - Nigeria
Table
Esters Of Methacrylic Acid - Nigeria - Table
Dashboard
Esters Of Methacrylic Acid - Nigeria - Dashboard
Report
Esters Of Methacrylic Acid - Nigeria - Report