Nigeria: Market for Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use 2025

Market Size for Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in Nigeria

The Nigerien market for soap and organic surface-active products in bars other than for toilet use contracted to $X in 2022, with a decrease of -6% against the previous year. Overall, consumption, however, saw prominent growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use in Nigeria

In value terms, production of soap and organic surface-active products in bars other than for toilet use shrank to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed prominent growth. The growth pace was the most rapid in 2013 when the production volume increased by 49% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use

Exports from Nigeria

In 2022, shipments abroad of soap and organic surface-active products in bars other than for toilet use decreased by -23.8% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 199% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of soap and organic surface-active products in bars other than for toilet use declined remarkably to $X in 2022. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 185%. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Benin (X tons) was the main destination for exports of soap and organic surface-active products in bars other than for toilet use from Nigeria, with a 46% share of total exports. Moreover, exports of soap and organic surface-active products in bars other than for toilet use to Benin exceeded the volume sent to the second major destination, Cote d'Ivoire (X tons), threefold. Ghana (X tons) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Benin stood at +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+26.7% per year) and Ghana (-18.6% per year).

In value terms, Benin ($X) emerged as the key foreign market for soap and organic surface-active products in bars other than for toilet use exports from Nigeria, comprising 35% of total exports. The second position in the ranking was taken by Ghana ($X), with a 13% share of total exports. It was followed by Cote d'Ivoire, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Benin totaled +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (-22.0% per year) and Cote d'Ivoire (+16.7% per year).

Export Prices by Country

The average export price for soap and organic surface-active products in bars other than for toilet use stood at $X per ton in 2022, dropping by -8.7% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for soap and organic surface-active products in bars other than for toilet use decreased by -46.9% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 49%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Togo ($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 Niger (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soap And Organic Surface-Active Products In Bars Other Than For Toilet Use

Imports into Nigeria

In 2022, supplies from abroad of soap and organic surface-active products in bars other than for toilet use increased by 1.3% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2018 when imports increased by 1,627%. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of soap and organic surface-active products in bars other than for toilet use expanded significantly to $X in 2022. Overall, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of 1,015%. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Cameroon (X tons), Benin (X tons) and Turkey (X tons) were the main suppliers of imports of soap and organic surface-active products in bars other than for toilet use to Nigeria, with a combined 69% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +36.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest soap in bars other than for toilet use suppliers to Nigeria were Benin ($X), Cameroon ($X) and Turkey ($X), together comprising 50% of total imports. The United States, Niger, Cote d'Ivoire, Indonesia and China lagged somewhat behind, together comprising a further 18%.

Among the main suppliers, the United States, with a CAGR of +29.7%, saw the highest rates of growth with regard to 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 import price for soap and organic surface-active products in bars other than for toilet use amounted to $X per ton, increasing by 3.6% against the previous year. Over the period under review, the import price, however, showed a mild shrinkage. The growth pace was the most rapid in 2019 an increase of 57%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 the United States ($X per ton), while the price for Cameroon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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