Report Update Nov 1, 2024

Nigeria - Surgical Gloves - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Surgical Glove Market 2024

Surgical Glove Exports

Exports from Nigeria

In 2022, exports of surgical gloves from Nigeria totaled X tons, picking up by 8% against the previous year's figure. Overall, exports, however, continue to indicate a slight slump. The most prominent rate of growth was recorded in 2019 with an increase of 126%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, surgical glove exports expanded rapidly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 191% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Benin (X tons) was the main destination for surgical glove exports from Nigeria, accounting for a 84% share of total exports. Moreover, surgical glove exports to Benin exceeded the volume sent to the second major destination, Niger (X kg), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Benin totaled +327.3%.

In value terms, Benin ($X) remains the key foreign market for surgical gloves exports from Nigeria, comprising 92% of total exports. The second position in the ranking was taken by Niger ($X), with a 7.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Benin amounted to +213.4%.

Export Prices by Country

The average surgical glove export price stood at $X per ton in 2022, almost unchanged from the previous year. In general, export price indicated a mild expansion 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, surgical glove export price increased by +14.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 49%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Benin ($X per ton), while the average price for exports to Niger amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+1,094.3%), while the prices for the other major destinations experienced mixed trend patterns.

Surgical Glove Imports

Imports into Nigeria

In 2022, approx. X tons of surgical gloves were imported into Nigeria; picking up by 92% on the previous year's figure. Over the period under review, imports showed mild growth. The most prominent rate of growth was recorded in 2018 with an increase of 105% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, surgical glove imports expanded rapidly to $X in 2022. Overall, imports, however, recorded a slight decline. The pace of growth was the most pronounced in 2013 when imports increased by 111% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Thailand (X tons) and China (X tons) were the main suppliers of surgical glove imports to Nigeria, together comprising 87% of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +26.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest surgical glove suppliers to Nigeria were Thailand ($X), China ($X) and Malaysia ($X), together accounting for 77% of total imports.

Thailand, with a CAGR of +21.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average surgical glove import price stood at $X per ton in 2022, shrinking by -45.1% against the previous year. In general, the import price recorded a pronounced contraction. The growth pace was the most rapid in 2021 when the average import price increased by 75%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for surgical gloves in the world?

The countries with the highest volumes of surgical glove consumption in 2020 were Malaysia, China and the UK, with a combined 45% share of global consumption.

What are the largest producers of surgical gloves in the world?

The countries with the highest volumes of surgical glove production in 2020 were Malaysia, China and India, together comprising 72% of global production.

What are the leading suppliers of surgical gloves to Nigeria?

In value terms, Thailand, China and India appeared to be the largest surgical glove suppliers to Nigeria, together accounting for 89% of total imports.

What are the leading importers of surgical gloves from Nigeria?

In value terms, Niger emerged as the key foreign market for surgical glove exports from Nigeria, comprising 88% of total exports. The second position in the ranking was occupied by Benin, with a 12% share of total exports.

What is the average export price for surgical gloves in Nigeria?

The average surgical glove export price stood at $2,606 per ton in 2020, dropping by -37.6% against the previous year.

What is the average import price for surgical gloves in Nigeria?

The average surgical glove import price stood at $2,982 per ton in 2020, dropping by -45% against the previous year.

This report provides an in-depth analysis of the surgical glove 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:

Prodcom 22196000 - Articles of apparel and clothing accessories (including gloves, m ittens and mitts), for all purposes, of vulcanised rubber other than hard rubber

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