Nigeria: Market for Multiple-Walled Insulating Units Of Glass 2025

Market Size for Multiple-Walled Insulating Units Of Glass in Nigeria

The Nigerien multiple-walled insulating glass unit market surged to $X in 2021, rising by 1,370% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from Nigeria

In 2021, shipments abroad of multiple-walled insulating units of glass increased by 138% to X square meters, rising for the second consecutive year after two years of decline. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 389%. As a result, the exports attained the peak of X square meters. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, multiple-walled insulating glass unit exports skyrocketed to $X in 2021. In general, exports recorded a tangible increase. The pace of growth was the most pronounced in 2017 with an increase of 424%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Niger (X square meters) was the main destination for multiple-walled insulating glass unit exports from Nigeria, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Niger amounted to +22.5%.

In value terms, Niger ($X) also remains the key foreign market for multiple-walled insulating units of glass exports from Nigeria.

From 2012 to 2021, the average annual rate of growth in terms of value to Niger stood at +27.2%.

Export Prices by Country

The average multiple-walled insulating glass unit export price stood at $X per square meter in 2021, declining by -37.8% against the previous year. In general, the export price showed a pronounced reduction. The most prominent rate of growth was recorded in 2019 an increase of 103%. The export price peaked at $X per square meter in 2020, and then contracted remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2012 to 2021, the rate of growth in terms of prices for Niger amounted to +3.8% per year.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into Nigeria

In 2021, imports of multiple-walled insulating units of glass into Nigeria surged to X square meters, picking up by 1,249% against the previous year's figure. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, multiple-walled insulating glass unit imports soared to $X in 2021. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates (X square meters), Lebanon (X square meters) and Italy (X square meters) were the main suppliers of multiple-walled insulating glass unit imports to Nigeria, together accounting for 69% of total imports. France, Turkey, India, South Africa and Germany lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +117.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Lebanon ($X), the United Arab Emirates ($X) and Italy ($X) were the largest multiple-walled insulating glass unit suppliers to Nigeria, with a combined 70% share of total imports.

Among the main suppliers, Lebanon, with a CAGR of +119.7%, recorded 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 average multiple-walled insulating glass unit import price stood at $X per square meter in 2021, jumping by 17% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the peak figure at $X per square meter in 2013; however, from 2014 to 2021, 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 South Africa ($X per square meter), while the price for India ($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 the United Arab Emirates (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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