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Nigeria - Tarred, Bituminised Or Asphalted Paper And Paperboard - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAsphalted Paper Price in Nigeria - 2022
Contents:
- Asphalted Paper Price in Nigeria (CIF) - 2022
- Asphalted Paper Price in Nigeria (FOB) - 2022
- Asphalted Paper Imports in Nigeria
- Asphalted Paper Exports in Nigeria
Asphalted Paper Price in Nigeria (CIF) - 2022
The average asphalted paper import price stood at $1,595 per ton in 2022, increasing by 5.2% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of 51% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 India ($1,827 per ton), while the price for China ($663 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Asphalted Paper Price in Nigeria (FOB) - 2022
In 2022, the average asphalted paper export price amounted to $244 per ton, falling by -3.9% against the previous year. Overall, the export price saw a pronounced decline. The growth pace was the most rapid in 2016 an increase of 212% against the previous year. As a result, the export price attained the peak level of $975 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Benin ($465 per ton), while the average price for exports to Ghana amounted to $242 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Benin (+18.1%).
Asphalted Paper Imports in Nigeria
Asphalted paper imports into Nigeria reduced to 566 tons in 2022, shrinking by -11.3% on 2021. In general, imports saw a abrupt descent. The smallest decline of -2% was in 2020.
In value terms, asphalted paper imports shrank to $902K in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year.
Import of Asphalted Paper in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 73.1 | 373 | 384 | 195 | 38.7% |
Italy | 255 | 27.2 | 244 | 144 | -17.3% |
China | 213 | 36.7 | 95.6 | 54.7 | -36.4% |
Lebanon | 56.3 | 103 | 71.7 | 41.4 | -9.7% |
United States | 75.8 | 112 | 63.9 | 30.0 | -26.6% |
India | 2.7 | 21.2 | 23.2 | 11.8 | 63.5% |
United Kingdom | 15.0 | 35.7 | 21.9 | 11.1 | -9.5% |
Others | 17.6 | 129 | 61.5 | 414 | 186.5% |
Total | 708 | 837 | 966 | 902 | 8.4% |
Top Suppliers of Asphalted Paper to Nigeria in 2022:
- France (152.8 tons)
- Italy (121.8 tons)
- China (82.5 tons)
- Lebanon (25.5 tons)
- United States (18.5 tons)
- India (6.4 tons)
- United Kingdom (4.0 tons)
Asphalted Paper Exports in Nigeria
In 2022, overseas shipments of tarred, bituminised or asphalted paper and paperboard were finally on the rise to reach 5.8 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a sharp decrease.
In value terms, asphalted paper exports shrank to $1.4K in 2022. Over the period under review, exports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 7.1%.
Export of Asphalted Paper in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | 2.7 | 1.3 | 1.4 | 1.4 | -19.7% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 2.7 | 1.4 | 1.5 | 1.4 | -19.7% |
Top Export Markets for Asphalted Paper from Nigeria in 2022:
- Ghana (5.8 tons)
This report provides an in-depth analysis of the asphalted paper 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 17127710 - Tarred, bituminised or asphalted paper and paperboard in rolls or sheets
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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