Report Update Jan 1, 2025

Nigeria - Non-Cellular Polystyrene Films, Sheets, Foil and Strip - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Non-Cellular Polystyrene Film Market 2025

Non-Cellular Polystyrene Film Market Size in Nigeria

The Nigerien non-cellular polystyrene film market declined slightly to $X in 2022, waning by -4.2% 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). Over the period under review, consumption, however, enjoyed slight growth. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Non-Cellular Polystyrene Film Exports

Exports from Nigeria

In 2022, after four years of growth, there was decline in overseas shipments of non-cellular polystyrene films, sheets, foil and strip, when their volume decreased by -0.2% to X tons. Over the period under review, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 99%. Over the period under review, the exports hit record highs at X tons in 2021, and then declined slightly in the following year.

In value terms, non-cellular polystyrene film exports shrank slightly to $X in 2022. Overall, exports showed a perceptible slump. The pace of growth appeared the most rapid in 2018 with an increase of 93%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Ghana (X tons) was the main destination for non-cellular polystyrene film exports from Nigeria, accounting for a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ghana amounted to +6.7%.

In value terms, Ghana ($X) also remains the key foreign market for non-cellular polystyrene films, sheets, foil and strip exports from Nigeria.

From 2012 to 2022, the average annual rate of growth in terms of value to Ghana stood at -3.6%.

Export Prices by Country

In 2022, the average non-cellular polystyrene film export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by less than 0.1%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to -9.7% per year.

Non-Cellular Polystyrene Film Imports

Imports into Nigeria

In 2022, approx. X tons of non-cellular polystyrene films, sheets, foil and strip were imported into Nigeria; almost unchanged from the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 222% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, non-cellular polystyrene film imports dropped slightly to $X in 2022. In general, imports, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 274% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Egypt (X tons) and Saudi Arabia (X tons) were the main suppliers of non-cellular polystyrene film imports to Nigeria, with a combined 92% 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 Egypt (with a CAGR of +36.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of non-cellular polystyrene films, sheets, foil and strip to Nigeria, comprising 68% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 12% share of total imports. It was followed by Egypt, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+0.2% per year) and Egypt (+22.5% per year).

Import Prices by Country

The average non-cellular polystyrene film import price stood at $X per ton in 2022, shrinking by -3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2015 an increase of 16%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-cellular polystyrene films, sheets, foil and strip in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 47% of global consumption. These countries were followed by Japan, Russia, Brazil, Indonesia, Germany, Mexico, France, South Korea, Saudi Arabia and Canada, which together accounted for a further 32%.

What are the largest producers of non-cellular polystyrene films, sheets, foil and strip in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 48% of global production. Japan, Russia, Brazil, Germany, Indonesia, Mexico, South Korea, Saudi Arabia and France lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of non-cellular polystyrene films, sheets, foil and strip to Nigeria?

In value terms, China constituted the largest supplier of non-cellular polystyrene film to Nigeria, comprising 86% of total imports. The second position in the ranking was occupied by Saudi Arabia, with a 5.8% share of total imports.

What are the leading importers of non-cellular polystyrene films, sheets, foil and strip from Nigeria?

In value terms, Ghana remains the key foreign market for non-cellular polystyrene film exports from Nigeria.

What is the average export price for non-cellular polystyrene films, sheets, foil and strip in Nigeria?

The average non-cellular polystyrene film export price stood at $1,593 per ton in 2021, increasing by 1.5% against the previous year.

What is the average import price for non-cellular polystyrene films, sheets, foil and strip in Nigeria?

In 2021, the average non-cellular polystyrene film import price amounted to $2,622 per ton, with an increase of 30% against the previous year.

This report provides an in-depth analysis of the non-cellular polystyrene film 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 22213030 - Other plates..., of polymers of styrene, not reinforced, etc.

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024