Nigeria - Multiple-Walled Insulating Units of Glass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNigeria: Market for Multiple-Walled Insulating Units Of Glass 2024
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
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for multiple-walled insulating glass unit 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 23121330 - Multiple-walled insulating units of glass
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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