Report Update Nov 1, 2024

Nigeria - Plastic Shutters and Blinds - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Nigeria

The Nigerien plastic shutters and blinds market surged to $X in 2022, picking up by 123% 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). Overall, consumption saw a significant expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Exports of Plastic Shutters And Blinds

Exports from Nigeria

In 2022, exports of plastic shutters and blinds from Nigeria expanded modestly to X units, increasing by 4.3% against 2021. In general, exports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 1,029% against the previous year. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic shutters and blinds exports surged to $X in 2022. Over the period under review, exports, however, faced a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by 2,118%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Benin (X units) was the main destination for plastic shutters and blinds exports from Nigeria, with a 96% share of total exports. It was followed by Niger (X units), with a 2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Benin stood at -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (-12.9% per year) and Canada (0.0% per year).

In value terms, the largest markets for plastic shutters and blinds exported from Nigeria were Cote d'Ivoire ($X), Benin ($X) and Niger ($X), with a combined 96% share of total exports.

Benin, with a CAGR of +0.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average plastic shutters and blinds export price amounted to $X per unit, picking up by 56% against the previous year. Over the period under review, the export price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 85%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+57.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Shutters And Blinds

Imports into Nigeria

In 2022, the amount of plastic shutters and blinds imported into Nigeria skyrocketed to X units, picking up by 120% against 2021. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 339% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, plastic shutters and blinds imports skyrocketed to $X in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 273%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main supplier of plastic shutters and blinds to Nigeria, accounting for a approx. 96% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +50.0%.

In value terms, China ($X) constituted the largest supplier of plastic shutters and blinds to Nigeria.

From 2012 to 2022, the average annual growth rate of value from China totaled +51.6%.

Import Prices by Country

The average plastic shutters and blinds import price stood at $X per unit in 2022, rising by 8.1% against the previous year. Overall, the import price, however, showed a deep contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 57% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic shutters and blinds in the world?

The countries with the highest volumes of plastic shutters and blinds consumption in 2020 were China, the U.S. and Germany, with a combined 51% share of global consumption. These countries were followed by France, Mexico, Iran, Canada, Spain, Vietnam, South Korea, the UK, Saudi Arabia and Poland, which together accounted for a further 25%.

What are the largest producers of plastic shutters and blinds in the world?

China constituted the country with the largest volume of plastic shutters and blinds production, comprising approx. 39% of total volume. Moreover, plastic shutters and blinds production in China exceeded the figures recorded by the second-largest producer, the U.S., fivefold. The third position in this ranking was occupied by Germany, with a 6.2% share.

What are the leading suppliers of plastic shutters and blinds to Nigeria?

In value terms, China constituted the largest supplier of plastic shutters and blinds to Nigeria, comprising 75% of total imports. The second position in the ranking was occupied by South Africa, with a 14% share of total imports. It was followed by Hong Kong SAR, with a 4.3% share.

What are the leading importers of plastic shutters and blinds from Nigeria?

In value terms, Cote d'Ivoire $85) remains the key foreign market for plastic shutters and blinds exports from Nigeria, comprising 79% of total exports. The second position in the ranking was occupied by Ghana $15), with a 14% share of total exports.

What is the average export price for plastic shutters and blinds in Nigeria?

The average plastic shutters and blinds export price stood at $0.8 per unit in 2020, flattening at the previous year.

What is the average import price for plastic shutters and blinds in Nigeria?

The average plastic shutters and blinds import price stood at $2.1 per unit in 2020, with a decrease of -64.9% against the previous year.

This report provides an in-depth analysis of the market for plastic shutters and blinds 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 22231470 - Plastic shutters, blinds and similar articles and parts thereof

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:

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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