Nigeria: Kaolin Market 2021

Kaolin Market Size in Nigeria

The Nigerien kaolin market skyrocketed to $X in 2019, jumping by X% against the previous year. Over the period under review, consumption, however, saw a abrupt slump. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.

Kaolin Production in Nigeria

In value terms, kaolin production surged to $X in 2019 estimated in export prices. Overall, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2011; however, from 2012 to 2019, production remained at a lower figure.

Kaolin Exports

Exports from Nigeria

Kaolin exports from Nigeria reduced dramatically to X tons in 2019, which is down by -X% against the previous year. Over the period under review, exports, however, saw a significant increase. Over the period under review, exports attained the peak figure at X tons in 2018, and then contracted significantly in the following year.

In value terms, kaolin exports dropped rapidly to $X in 2019. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, Brazil (X tons) and the U.S. (X tons) were the largest exporters of kaolinacross the globe, together recording near X% of total exports. The UK (X tons) took the next position in the ranking, followed by China (X tons), the Czech Republic (X tons), Belgium (X tons), Germany (X tons) and Ukraine (X tons). All these countries together held approx. X% share of total exports.

From 2007 to 2019, the biggest increases were in the Czech Republic, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the largest kaolin supplier from Nigeria, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Belgium, with a X% share.

In the U.S., kaolin exports decreased by an average annual rate of -X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and Belgium (+X% per year).

Export Prices by Country

In 2019, the kaolin export price in Nigeria amounted to $X per ton, waning by -X% against the previous year. In general, the export price, however, enjoyed a tangible increase. Over the period under review, export prices attained the maximum at $X per ton in 2011; however, from 2012 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Kaolin Imports

Imports into Nigeria

In 2019, imports of kaolin into Nigeria skyrocketed to X tons, growing by X% against 2018 figures. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Nigeria imports peaked in 2019 and are likely to see gradual growth in the near future.

In value terms, kaolin imports skyrocketed to $X in 2019. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Nigeria imports peaked in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, Belgium (X tons), followed by Finland (X tons), Italy (X tons), Russia (X tons), Germany (X tons) and China (X tons) represented the largest importers of kaolin, together comprising X% of total imports. Canada (X tons), Japan (X tons), Mexico (X tons), Taiwan (Chinese) (X tons), the U.S. (X tons), Algeria (X tons) and Sweden (X tons) took a little share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Algeria, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest kaolin importing markets into Nigeria were Belgium ($X), China ($X) and Japan ($X), together accounting for X% of total imports. Germany, Finland, Mexico, Italy, Canada, Sweden, Russia, the U.S., Taiwan (Chinese) and Algeria lagged somewhat behind, together accounting for a further X terms of the main importing countries, Algeria saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The kaolin import price in Nigeria stood at $X per ton in 2019, falling by -X% against the previous year. Over the period under review, the import price, however, enjoyed noticeable growth. The pace of growth appeared the most rapid in 2009 when the import price increased by X% y-o-y. As a result, import price reached the peak level of $X per ton. From 2010 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Japan ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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