Nigeria: Market for Packing Cases, Boxes And Similar Packings 2025

Market Size for Packing Cases, Boxes And Similar Packings in Nigeria

The Nigerien wooden case and box market rose sharply to $X in 2022, increasing by X% against the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Packing Cases, Boxes And Similar Packings in Nigeria

In value terms, wooden case and box production skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Packing Cases, Boxes And Similar Packings

Exports from Nigeria

In 2022, shipments abroad of packing cases, boxes and similar packings decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden case and box exports totaled $X in 2022. Overall, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for wooden case and box exports from Nigeria, accounting for a X% share of total exports. Moreover, wooden case and box exports to the United States exceeded the volume sent to the second major destination, Ghana (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%.

In value terms, the United States ($X) remains the key foreign market for packing cases, boxes and similar packings exports from Nigeria, comprising X% of total exports. The second position in the ranking was held by Ghana ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%.

Export Prices by Country

The average wooden case and box export price stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price showed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Ghana stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).

Imports of Packing Cases, Boxes And Similar Packings

Imports into Nigeria

In 2022, supplies from abroad of packing cases, boxes and similar packings decreased by X% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports recorded a deep contraction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, wooden case and box imports stood at $X in 2022. Overall, imports saw a abrupt slump. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Spain (X units), Switzerland (X units) and the United States (X units) were the main suppliers of wooden case and box imports to Nigeria, with a combined X% share of total imports. The United Arab Emirates, China, Denmark, Ghana, Germany, Finland, Australia, South Africa, France and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden case and box suppliers to Nigeria were the United States ($X), Finland ($X) and Switzerland ($X), together accounting for X% of total imports.

Finland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden case and box import price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average 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 Finland ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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