Nigeria: Market for Moulded Or Pressed Articles Of Paper Pulp 2025

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Nigeria

After two years of growth, the Nigerien paper pulp moulded articles market decreased by -19.1% to $X in 2022. Over the period under review, consumption, however, enjoyed a remarkable increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports from Nigeria

In 2022, overseas shipments of moulded or pressed articles of paper pulp decreased by -29.5% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 409% against the previous year. The exports peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, paper pulp moulded articles exports reduced dramatically to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 505%. The exports peaked at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

The UK (X tons) was the main destination for paper pulp moulded articles exports from Nigeria, accounting for a 56% share of total exports. Moreover, paper pulp moulded articles exports to the UK exceeded the volume sent to the second major destination, Cyprus (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +40.9%.

In value terms, the largest markets for paper pulp moulded articles exported from Nigeria were the UK ($X) and Cyprus ($X).

In terms of the main countries of destination, the UK, with a CAGR of +58.4%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average paper pulp moulded articles export price stood at $X per ton in 2022, remaining stable against the previous year. In general, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 748% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.4%).

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports into Nigeria

In 2022, after two years of growth, there was significant decline in purchases abroad of moulded or pressed articles of paper pulp, when their volume decreased by -14.8% to X tons. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2018 with an increase of 460%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper pulp moulded articles imports shrank markedly to $X in 2022. Overall, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2014 when imports increased by 204% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main paper pulp moulded articles supplier to Nigeria, with a 97% share of total imports. It was followed by Turkey (X tons), with a 1.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +29.4%.

In value terms, China ($X) constituted the largest supplier of moulded or pressed articles of paper pulp to Nigeria, comprising 96% of total imports. The second position in the ranking was held by Turkey ($X), with a 1.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +19.0%.

Import Prices by Country

The average paper pulp moulded articles import price stood at $X per ton in 2022, shrinking by -21.1% against the previous year. In general, the import price showed a abrupt downturn. The growth pace was the most rapid in 2014 when the average import price increased by 69% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+121.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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