Report Update Nov 1, 2024

Nigeria - Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Nigeria

In 2022, the Nigerien market for non-plasticised mixed polyvinyl chloride in primary forms increased by 59% to $X, rising for the third year in a row after two years of decline. In general, consumption showed a resilient increase. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Nigeria

Exports of non-plasticised mixed polyvinyl chloride in primary forms from Nigeria rose modestly to X kg in 2019, growing by 2.5% against 2018 figures. In general, exports, however, showed a sharp shrinkage. The exports peaked at X tons in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms reached $X in 2019. Overall, exports, however, recorded a sharp shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

Exports by Country

Niger (X kg) was the main destination for exports of non-plasticised mixed polyvinyl chloride in primary forms from Nigeria, with a 96% share of total exports. Moreover, exports of non-plasticised mixed polyvinyl chloride in primary forms to Niger exceeded the volume sent to the second major destination, Ukraine (X kg), more than tenfold.

From 2012 to 2019, the average annual growth rate of volume to Niger was relatively modest.

From 2012 to 2019, the average annual growth rate of value to Niger was relatively modest.

Export Prices by Country

The average export price for non-plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2019, surging by 2.6% against the previous year. Overall, the export price recorded a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2019, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Niger totaled $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Nigeria

In 2022, supplies from abroad of non-plasticised mixed polyvinyl chloride in primary forms increased by 57% to X tons, rising for the third year in a row after two years of decline. In general, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 288%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms skyrocketed to $X in 2022. Over the period under review, imports showed buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 212%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), the United States (X tons) and Vietnam (X tons) were the main suppliers of imports of non-plasticised mixed polyvinyl chloride in primary forms to Nigeria, together comprising 53% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +53.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of non-plasticised mixed polyvinyl chloride in primary forms to Nigeria, comprising 32% of total imports. The second position in the ranking was held by Vietnam ($X), with a 16% share of total imports. It was followed by Singapore, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +50.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+41.1% per year) and Singapore (-4.1% per year).

Import Prices by Country

The average import price for non-plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, picking up by 2.1% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 29%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-plasticised mixed polyvinyl chloride in primary forms in the world?

The country with the largest volume of consumption of non-plasticised mixed polyvinyl chloride in primary forms was China, comprising approx. 29% of total volume. Moreover, consumption of non-plasticised mixed polyvinyl chloride in primary forms in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by Russia, with a 6.6% share.

What are the largest producers of non-plasticised mixed polyvinyl chloride in primary forms in the world?

China remains the largest non-plasticised mixed polyvinyl chloride in primary forms producing country worldwide, comprising approx. 29% of total volume. Moreover, production of non-plasticised mixed polyvinyl chloride in primary forms in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. Russia ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of non-plasticised mixed polyvinyl chloride in primary forms to Nigeria?

In value terms, China constituted the largest supplier of non-plasticised mixed polyvinyl chloride in primary forms to Nigeria, comprising 56% of total imports. The second position in the ranking was occupied by Germany, with a 7.7% share of total imports. It was followed by the United Arab Emirates, with a 7.4% share.

What is the average export price for non-plasticised mixed polyvinyl chloride in primary forms in Nigeria?

The average export price for non-plasticised mixed polyvinyl chloride in primary forms stood at $1,837 per ton in 2019, remaining relatively unchanged against the previous year.

What is the average import price for non-plasticised mixed polyvinyl chloride in primary forms in Nigeria?

In 2021, the average import price for non-plasticised mixed polyvinyl chloride in primary forms amounted to $1,176 per ton, reducing by -10.6% against the previous year.

This report provides an in-depth analysis of the market for non-plasticised mixed polyvinyl chloride in primary forms 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 20163023 - Non-plasticised polyvinyl chloride mixed with any other substance, in primary forms

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