Nigeria: Cement Pipe Market 2020

Cement Pipe Market Size in Nigeria

The revenue of the cement pipe market in Nigeria amounted to $X in 2017, going up by X% against the previous year. Overall, the total market indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cement pipe consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2013, when market value increased by X% y-o-y. Nigeria cement pipe consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Cement Pipe Production in Nigeria

In 2017, approx. X tons of pipes of cement, concrete or artificial stone were produced in Nigeria; stabilizing at the previous year. In general, cement pipe production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when it surged by X% y-o-y. Over the period under review, the cement pipe production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Cement Pipe Exports from Nigeria

In 2017, the amount of pipes of cement, concrete or artificial stone exported from Nigeria amounted to X kg, shrinking by -X% against the previous year. In general, cement pipe exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. In that year, the cement pipe exports reached their peak volume of X tons. From 2011 to 2017, growth of the cement pipe exports stood at a somewhat lower level.

In value terms, cement pipe exports totaled $X in 2017. In general, cement pipe exports continue to indicate a dramatic drop. In that year, the cement pipe exports reached their peak level of $X. From 2011 to 2017, growth of the cement pipe exports stood at a somewhat lower level.

Cement Pipe Exports by Country from Nigeria

In 2017, China (X tons), Malaysia (X tons) and Germany (X tons) were the major exporters of pipes of cement, concrete or artificial stone in the world, making up X% of total export. Belarus (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by the Netherlands (X%) and Vietnam (X%). Spain (X tons), Italy (X tons), Ukraine (X tons), Belgium (X tons), Turkey (X tons) and Poland (X tons) occupied the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest cement pipe supplier from Nigeria, making up X% of global exports. The second position in the ranking was occupied by Spain ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, cement pipe exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Spain (+X% per year) and Germany (+X% per year).

Cement Pipe Export Prices by Country in Nigeria

In 2017, the cement pipe export price in Nigeria amounted to $X per ton, lowering by -X% against the previous year. In general, cement pipe export price continues to indicate a temperate setback. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. Nigeria export price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Spain ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Cement Pipe Imports into Nigeria

In 2017, cement pipe imports into Nigeria totaled X tons, coming down by -X% against the previous year. Overall, cement pipe imports continue to indicate a drastic descent. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. Nigeria imports peaked of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, cement pipe imports amounted to $X in 2017. Overall, cement pipe imports continue to indicate a drastic decline. Nigeria imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Cement Pipe Imports by Country into Nigeria

In 2017, the U.S. (X tons) represented the main importer for pipes of cement, concrete or artificial stone, generating X% of total imports. France (X tons) held the second position in the ranking, followed by Russia (X tons). All these countries together occupied approx. X% share of total imports. Switzerland (X tons), Australia (X tons), Austria (X tons), Germany (X tons), China, Hong Kong SAR (X tons), Belgium (X tons), Canada (X tons), Singapore (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of pipes of cement, concrete or artificial stone imports. At the same time, Australia (+X%), Switzerland (+X%), Canada (+X%), China, Hong Kong SAR (+X%), Russia (+X%), Singapore (+X%) and Austria (+X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. France and Germany experienced a relatively flat trend pattern. By contrast, Belgium (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Hong Kong SAR, Canada, Austria, Russia, Switzerland and Australia decreased by -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported pipes of cement, concrete or artificial stone into Nigeria, making up X% of global imports. The second position in the ranking was occupied by Australia ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

In the U.S., cement pipe imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Canada (+X% per year).

Cement Pipe Import Prices by Country in Nigeria

The cement pipe import price in Nigeria stood at $X per ton in 2017, lowering by -X% against the previous year. Overall, cement pipe import price continues to indicate a moderate downturn. The most prominent rate of growth was recorded in 2014, an increase of X% year-to-year. Over the period under review, the import prices for pipes of cement, concrete or artificial stone reached its peak figure level of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Australia ($X per ton), while China, Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform