Nigeria: Market for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles 2024

Market Size for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles in Nigeria

The Nigerien market for non-refractory clay flooring blocks, support or filler tiles surged to $X in 2022, picking up by 97% 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 recorded a resilient expansion. Consumption of peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Exports from Nigeria

In 2022, exports of non-refractory clay flooring blocks, support or filler tiles from Nigeria declined significantly to X tons, waning by -34.9% against 2021. In general, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 559% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, exports of non-refractory clay flooring blocks, support or filler tiles contracted dramatically to $X in 2022. Overall, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2014 with an increase of 2,202%. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Niger (X tons) was the main destination for exports of non-refractory clay flooring blocks, support or filler tiles from Nigeria, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Niger amounted to +9.1%.

In value terms, Niger ($X) also remains the key foreign market for non-refractory clay flooring blocks, support or filler tiles exports from Nigeria.

From 2012 to 2022, the average annual rate of growth in terms of value to Niger stood at +10.0%.

Export Prices by Country

In 2022, the average export price for non-refractory clay flooring blocks, support or filler tiles amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 259% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to +78.5% per year.

Imports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Imports into Nigeria

In 2022, approx. X tons of non-refractory clay flooring blocks, support or filler tiles were imported into Nigeria; rising by 92% compared with the previous year's figure. Overall, imports enjoyed a prominent increase. The growth pace was the most rapid in 2014 when imports increased by 729% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of non-refractory clay flooring blocks, support or filler tiles soared to $X in 2022. In general, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by 971%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of non-refractory clay flooring blocks, support or filler tiles to Nigeria, accounting for a 56% share of total imports. Moreover, imports of non-refractory clay flooring blocks, support or filler tiles from China exceeded the figures recorded by the second-largest supplier, South Africa (X tons), threefold. Vietnam (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+47.3% per year) and Vietnam (+67.9% per year).

In value terms, China ($X) constituted the largest supplier of non-refractory clay flooring blocks, support or filler tiles to Nigeria, comprising 48% of total imports. The second position in the ranking was taken by South Africa ($X), with a 17% share of total imports. It was followed by the UK, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+46.7% per year) and the UK (+67.3% per year).

Import Prices by Country

The average import price for non-refractory clay flooring blocks, support or filler tiles stood at $X per ton in 2022, increasing by 3.1% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 29%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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