Nigeria - Kaolin - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNigeria: Kaolin Market 2024
Kaolin Market Size in Nigeria
The Nigerien kaolin market reduced dramatically to $X in 2021, which is down by -15.3% against the previous year. Over the period under review, consumption faced a sharp reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Kaolin Production in Nigeria
In value terms, kaolin production soared to $X in 2021 estimated in export price. Over the period under review, production faced a precipitous slump. The pace of growth appeared the most rapid in 2017 with an increase of 104%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Kaolin Exports
Exports from Nigeria
In 2021, exports of kaolin and kaolinic clays from Nigeria rose sharply to X tons, picking up by 10% against the previous year's figure. In general, exports posted a strong increase. The growth pace was the most rapid in 2013 with an increase of 237%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
In value terms, kaolin exports soared to $X in 2021. Overall, exports showed a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 180% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Benin (X tons) was the main destination for kaolin exports from Nigeria, with a 50% share of total exports. Moreover, kaolin exports to Benin exceeded the volume sent to the second major destination, China (X tons), twofold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Benin totaled +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+36.0% per year) and Italy (+7.8% per year).
In value terms, the largest markets for kaolin exported from Nigeria were Italy ($X), Benin ($X) and China ($X), together accounting for 63% of total exports.
Among the main countries of destination, China, with a CAGR of +17.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Export Prices by Country
The average kaolin export price stood at $X per ton in 2021, surging by 85% against the previous year. In general, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to Benin ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.
Kaolin Imports
Imports into Nigeria
After two years of growth, purchases abroad of kaolin and kaolinic clays decreased by -29.5% to X tons in 2021. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 295% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020, and then fell remarkably in the following year.
In value terms, kaolin imports dropped to $X in 2021. Overall, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by 161%. Imports peaked at $X in 2020, and then fell in the following year.
Imports by Country
In 2021, China (X tons) was the main supplier of kaolin to Nigeria, with a 98% share of total imports. It was followed by India (X tons), with a 1.3% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +29.6%.
In value terms, China ($X) constituted the largest supplier of kaolin and kaolinic clays to Nigeria, comprising 97% of total imports. The second position in the ranking was held by India ($X), with a 1.8% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +26.3%.
Import Prices by Country
In 2021, the average kaolin import price amounted to $X per ton, rising by 25% against the previous year. Overall, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 39% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for China amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-0.7%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the kaolin 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:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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