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Report Nigeria - Non-Woven Glass Fibre Webs, Felts, Mattresses and Boards - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Nigeria - Non-Woven Glass Fibre Webs, Felts, Mattresses and Boards - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Nigeria

After two years of growth, the Nigerien non-woven glass fibre articles market decreased by -75.5% to $X in 2021. Overall, consumption saw a deep reduction. Non-woven glass fibre articles consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports from Nigeria

Non-woven glass fibre articles exports from Nigeria surged to X kg in 2020, picking up by 79% compared with the year before. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 296% against the previous year. The exports peaked in 2020 and are likely to see steady growth in years to come.

In value terms, non-woven glass fibre articles exports skyrocketed to $X in 2020. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2017 with an increase of 335%. Over the period under review, the exports attained the peak figure in 2020 and are likely to see steady growth in the immediate term.

Exports by Country

Israel (X kg) was the main destination for non-woven glass fibre articles exports from Nigeria, with a approx. 100% share of total exports.

From 2016 to 2020, the average annual growth rate of volume to Israel was relatively modest.

In value terms, Israel ($X) emerged as the key foreign market for non-woven glass fibre webs, felts, mattresses and boards exports from Nigeria.

From 2016 to 2020, the average annual growth rate of value to Israel was relatively modest.

Export Prices by Country

The average non-woven glass fibre articles export price stood at $X per ton in 2020, falling by -22.7% against the previous year. In general, the export price showed a sharp contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 9.8%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2020, 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 Israel.

From 2016 to 2020, the rate of growth in terms of prices for Cote d'Ivoire amounted to -39.1% per year.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports into Nigeria

In 2021, supplies from abroad of non-woven glass fibre webs, felts, mattresses and boards decreased by -74.5% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 180% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, non-woven glass fibre articles imports reduced remarkably to $X in 2021. In general, imports showed a significant decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 153% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Taiwan (Chinese) (X tons) constituted the largest supplier of non-woven glass fibre articles to Nigeria, with a 50% share of total imports. It was followed by China (X tons), with a 1.2% share of total imports. The third position in this ranking was held by Kuwait (X kg), with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Taiwan (Chinese) stood at -11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-30.7% per year) and Kuwait (-38.4% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of non-woven glass fibre webs, felts, mattresses and boards to Nigeria, comprising 37% of total imports. The second position in the ranking was taken by Germany ($X), with a 4.6% share of total imports. It was followed by Kuwait, with a 1.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Taiwan (Chinese) stood at -10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-25.3% per year) and Kuwait (-35.4% per year).

Import Prices by Country

In 2021, the average non-woven glass fibre articles import price amounted to $X per ton, with a decrease of -8.3% against the previous year. Overall, the import price showed a deep reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 12%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The United States remains the largest non-woven glass fibre articles consuming country worldwide, comprising approx. 41% of total volume. Moreover, non-woven glass fibre articles consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by France, with a 6.4% share.
The United States remains the largest non-woven glass fibre articles producing country worldwide, accounting for 41% of total volume. Moreover, non-woven glass fibre articles production in the United States exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by India, with a 6.2% share.
In value terms, the UK, China and the United States were the largest non-woven glass fibre articles suppliers to Nigeria, together accounting for 87% of total imports.
The average non-woven glass fibre articles export price stood at $2,532 per ton in 2020, reducing by -63.8% against the previous year.
The average non-woven glass fibre articles import price stood at $1,001 per ton in 2020, shrinking by -53.1% against the previous year.

This report provides an in-depth analysis of the market for non-woven glass fibre articles 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 23141250 - Non-woven glass fibre webs, felts, mattresses and boards

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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