Nigeria: Personal Anti-Perspirants Market 2024

Personal Anti-Perspirants Market Size in Nigeria

The Nigerien personal anti-perspirants market surged to $X in 2022, with an increase of X% 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 prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Personal Anti-Perspirants Exports

Exports from Nigeria

In 2022, exports of personal deodorants and anti-perspirants from Nigeria dropped sharply to X tons, with a decrease of X% against 2021. In general, exports recorded a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, personal anti-perspirants exports reduced rapidly to $X in 2022. Over the period under review, exports faced a deep downturn. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Benin (X tons), Congo (X kg) and Ghana (X kg) were the main destinations of personal anti-perspirants exports from Nigeria, with a combined X% share of total exports.

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

In value terms, Benin ($X), Ghana ($X) and Niger ($X) constituted the largest markets for personal anti-perspirants exported from Nigeria worldwide, together comprising X% of total exports. Congo, Burkina Faso, Cameroon and Gambia lagged somewhat behind, together comprising a further X%.

Burkina Faso, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average personal anti-perspirants export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2014 an increase of X%. 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 lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($X per ton), while the average price for exports to Gambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (X%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Anti-Perspirants Imports

Imports into Nigeria

Personal anti-perspirants imports into Nigeria surged to X tons in 2022, increasing by X% compared with 2021 figures. Over the period under review, imports recorded a perceptible expansion. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, personal anti-perspirants imports soared to $X in 2022. Overall, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the UK (X tons) and Cote d'Ivoire (X tons) were the main suppliers of personal anti-perspirants imports to Nigeria, together accounting for X% of total imports. France, Germany, Vietnam, Indonesia, Italy, the United States, the United Arab Emirates and Australia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Germany ($X) and the UK ($X) constituted the largest personal anti-perspirants suppliers to Nigeria, with a combined X% share of total imports. France, China, Indonesia, Vietnam, Italy, the United States, the United Arab Emirates and Australia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, France, with a CAGR of X%, saw 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

In 2022, the average personal anti-perspirants import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price showed a tangible expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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