Report Update Nov 1, 2024

Nigeria - Linoleum - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Linoleum Market 2024

Linoleum Market Size in Nigeria

For the third consecutive year, the Nigerien linoleum market recorded decline in sales value, which decreased by -23.5% to $X in 2021. In general, consumption, however, posted a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Linoleum Exports

Exports from Nigeria

In 2021, overseas shipments of linoleum increased by 12% to X square meters, rising for the sixth consecutive year after two years of decline. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by 543% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, linoleum exports dropped slightly to $X in 2021. In general, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 16% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Niger (X square meters) was the main destination for linoleum exports from Nigeria, with a 91% share of total exports. Moreover, linoleum exports to Niger exceeded the volume sent to the second major destination, Benin (X square meters), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Niger stood at +52.5%.

In value terms, Niger ($X) remains the key foreign market for linoleum exports from Nigeria, comprising 91% of total exports. The second position in the ranking was taken by Benin ($X), with a 9.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Niger totaled +9.9%.

Export Prices by Country

In 2021, the average linoleum export price amounted to $X per square meter, which is down by -12% against the previous year. In general, the export price continues to indicate a dramatic setback. The most prominent rate of growth was recorded in 2015 an increase of 161%. As a result, the export price reached the peak level of $X per square meter. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Niger ($X per square meter), while the average price for exports to Benin totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Niger (-27.9%).

Linoleum Imports

Imports into Nigeria

In 2021, supplies from abroad of linoleum decreased by -41.5% to X square meters, falling for the third year in a row after three years of growth. Overall, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by 258% against the previous year. Over the period under review, imports hit record highs at X square meters in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, linoleum imports surged to $X in 2021. Over the period under review, imports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of 343% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X square meters), Belgium (X square meters) and the United States (X square meters) were the main suppliers of linoleum imports to Nigeria, together comprising 60% of total imports. These countries were followed by Germany, Turkey, France and Italy, which together accounted for a further 32%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +120.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of linoleum to Nigeria, comprising 50% of total imports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total imports. It was followed by the United States, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+52.7% per year) and the United States (+62.9% per year).

Import Prices by Country

The average linoleum import price stood at $X per square meter in 2021, with an increase of 164% against the previous year. Over the period under review, the import price, however, showed a mild reduction. The import price peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per square meter), while the price for Turkey ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for linoleum in the world?

The countries with the highest volumes of linoleum consumption in 2021 were China, the United States and India, together comprising 49% of global consumption. These countries were followed by Russia, Indonesia, Pakistan, Bangladesh, Germany, Turkey, the UK, Egypt, South Korea and Canada, which together accounted for a further 26%.

What are the largest producers of linoleum in the world?

The countries with the highest volumes of linoleum production in 2021 were China, the United States and India, with a combined 51% share of global production. Russia, Indonesia, Pakistan, Bangladesh, the UK, Turkey, Egypt, South Korea, Germany and Canada lagged somewhat behind, together comprising a further 26%.

What are the leading suppliers of linoleum to Nigeria?

In value terms, Germany constituted the largest supplier of linoleum to Nigeria, comprising 50% of total imports. The second position in the ranking was occupied by China, with a 17% share of total imports. It was followed by Belgium, with a 9.7% share.

What are the leading importers of linoleum from Nigeria?

In value terms, Niger remains the key foreign market for linoleum exports from Nigeria, comprising 97% of total exports. The second position in the ranking was occupied by Benin $44), with a 2.9% share of total exports.

What is the average export price for linoleum in Nigeria?

The average linoleum export price stood at $7.5 per square meter in 2021, increasing by 3.6% against the previous year.

What is the average import price for linoleum in Nigeria?

The average linoleum import price stood at $4.6 per square meter in 2021, growing by 40% against the previous year.

This report provides an in-depth analysis of the linoleum 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 22231500 - Linoleum, floor coverings consisting of a coating or covering applied on a textile backing (excluding sheets and plates of linoleum compounds)

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 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
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