Nigeria: Market for Manicure Or Pedicure Preparations 2025

Market Size for Manicure Or Pedicure Preparations in Nigeria

The Nigerien manicure or pedicure preparations market declined to $X in 2022, dropping by -6.6% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Manicure Or Pedicure Preparations in Nigeria

In value terms, manicure or pedicure preparations production declined to $X in 2022 estimated in export price. In general, production continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by 61%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Manicure Or Pedicure Preparations

Exports from Nigeria

In 2022, approx. X tons of manicure or pedicure preparations were exported from Nigeria; declining by -25.6% on the previous year's figure. In general, exports, however, enjoyed prominent growth. The growth pace was the most rapid in 2013 with an increase of 321% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, manicure or pedicure preparations exports reduced notably to $X in 2022. Over the period under review, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 524%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for manicure or pedicure preparations exports from Nigeria, accounting for a 46% share of total exports. Moreover, manicure or pedicure preparations exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Gambia (X tons), threefold. The third position in this ranking was taken by Senegal (X kg), with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cote d'Ivoire amounted to +10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gambia (+9.6% per year) and Senegal (+25.4% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for manicure or pedicure preparations exports from Nigeria, comprising 70% of total exports. The second position in the ranking was held by Burkina Faso ($X), with a 9% share of total exports. It was followed by Sao Tome and Principe, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cote d'Ivoire stood at +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (+13.8% per year) and Sao Tome and Principe (+9.3% per year).

Export Prices by Country

The average manicure or pedicure preparations export price stood at $X per ton in 2022, which is down by -22% against the previous year. In general, the export price, however, enjoyed modest growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 98%. As a result, the export price attained the peak level of $X per ton, and then fell dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per ton), while the average price for exports to Uganda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Preparations

Imports into Nigeria

In 2022, after two years of decline, there was significant growth in purchases abroad of manicure or pedicure preparations, when their volume increased by 201% to X tons. Overall, imports saw resilient growth. The pace of growth appeared the most rapid in 2019 when imports increased by 1,757% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, manicure or pedicure preparations imports surged to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 974%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Denmark (X tons) and the United States (X tons) were the main suppliers of manicure or pedicure preparations imports to Nigeria, with a combined 67% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +173.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) constituted the largest supplier of manicure or pedicure preparations to Nigeria, comprising 51% of total imports. The second position in the ranking was held by the United States ($X), with a 13% share of total imports. It was followed by China, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark totaled +162.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+33.2% per year) and China (-6.7% per year).

Import Prices by Country

The average manicure or pedicure preparations import price stood at $X per ton in 2022, reducing by -27.6% against the previous year. Over the period under review, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 111%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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