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Report Nigeria - Raw Silk (Not Thrown) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 1, 2025

Nigeria - Raw Silk (Not Thrown) - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Raw Silk Market 2025

Raw Silk Market Size in Nigeria

In 2022, after two years of decline, there was decline in the Nigerien raw silk market, when its value decreased by 0% to less than $X. In general, consumption, however, recorded a deep downturn. The pace of growth was the most pronounced in 2020 with a decrease of 99.9% against the previous year. Raw silk consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Raw Silk Production in Nigeria

In value terms, raw silk production reached $X in 2022 estimated in export price. In general, production saw a prominent increase. The growth pace was the most rapid in 2014 when the production volume increased by 555%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of raw silk in Nigeria was estimated at less than X kg per ha in 2022, approximately reflecting the year before. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of raw silk were harvested in Nigeria; flattening at the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern.

Raw Silk Exports

Exports from Nigeria

In 2019, raw silk exports from Nigeria stood at X tons, leveling off at the year before. Overall, exports showed a abrupt shrinkage. The smallest decline of 99.9% was in 2015. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2019, the exports remained at a lower figure.

In value terms, raw silk exports amounted to $X in 2019. In general, exports saw a dramatic setback. The smallest decline of 99.9% was in 2015. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2019, the exports remained at a lower figure.

Exports by Country

Portugal (X tons) was the main destination for raw silk exports from Nigeria, accounting for a approx. 100% share of total exports.

From 2014 to 2019, the average annual rate of growth in terms of volume to Portugal was relatively modest.

From 2014 to 2019, the average annual rate of growth in terms of value to Portugal was relatively modest.

Export Prices by Country

The average raw silk export price stood at $X per ton in 2019, remaining constant against the previous year. In general, the export price showed a dramatic curtailment. The most prominent rate of growth was recorded in 2015 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2019, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2014 to 2019, the rate of growth in terms of prices for Malaysia amounted to 0.0% per year.

Raw Silk Imports

Imports into Nigeria

In 2022, purchases abroad of raw silk was finally on the rise to reach X kg after three years of decline. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 885%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, raw silk imports stood at $X in 2022. In general, imports showed noticeable growth. The pace of growth was the most pronounced in 2014 when imports increased by 1,021% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X kg) was the main raw silk supplier to Nigeria, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +2.8%.

In value terms, China ($X) constituted the largest supplier of raw silk to Nigeria.

From 2012 to 2022, the average annual growth rate of value from China stood at +13.2%.

Import Prices by Country

The average raw silk import price stood at $X per ton in 2022, falling by -9% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

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 +10.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest raw silk consuming country worldwide, comprising approx. 76% of total volume. Moreover, raw silk consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold.
The country with the largest volume of raw silk production was China, comprising approx. 77% of total volume. Moreover, raw silk production in China exceeded the figures recorded by the second-largest producer, India, fourfold.
In value terms, China constituted the largest supplier of raw silk to Nigeria.
The average raw silk export price stood at $9,640 per ton in 2019, remaining constant against the previous year.
The average raw silk import price stood at $53,294 per ton in 2021, which is down by -2.7% against the previous year.

This report provides an in-depth analysis of the raw silk market 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:

  • FCL 1186 - Silk, Raw

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024

  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Product
    11. Average Per Capita Consumption, by Product
    12. Exports and Growth, by Product
    13. Export Prices and Growth, by Product
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024

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