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Nigeria - Construction Sands - Market Analysis, Forecast, Size, Trends And Insights
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View PricingConstruction Sands Price in Nigeria - 2022
Contents:
- Construction Sands Price in Nigeria (CIF) - 2022
- Construction Sands Price in Nigeria (FOB) - 2022
- Construction Sands Imports in Nigeria
- Construction Sands Exports in Nigeria
Construction Sands Price in Nigeria (CIF) - 2022
In 2022, the average construction sands import price amounted to $2,155 per ton, with an increase of 545% against the previous year. In general, the import price recorded pronounced growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 China ($5,739 per ton), while the price for Cyprus ($198 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.1%), while the prices for the other major suppliers experienced a decline.
Construction Sands Price in Nigeria (FOB) - 2022
In 2022, the average construction sands export price amounted to $124 per ton, rising by 51% against the previous year. Over the period under review, the export price, however, showed a precipitous contraction. The most prominent rate of growth was recorded in 2017 an increase of 156% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,942 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($173 per ton), while the average price for exports to Benin ($1.7 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 China (-4.6%), while the prices for the other major destinations experienced a decline.
Construction Sands Imports in Nigeria
In 2022, overseas purchases of construction sands were finally on the rise to reach 207 tons after two years of decline. Overall, imports, however, faced a dramatic curtailment.
In value terms, construction sands imports surged to $447K in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Construction Sands in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 23.4 | 10.1 | 14.0 | 119 | 72.0% |
France | 6.6 | 14.2 | 7.6 | 27.7 | 61.3% |
Italy | 37.1 | 23.0 | 7.4 | 27.0 | -10.1% |
Lebanon | 4.4 | 6.9 | 3.7 | 13.5 | 45.3% |
Australia | 8.7 | 8.7 | 2.3 | 12.8 | 13.7% |
Germany | 41.8 | 9.5 | 4.1 | 11.8 | -34.4% |
Spain | 5.7 | 6.3 | 2.0 | 7.2 | 8.1% |
India | 9.7 | 5.3 | 1.5 | 6.9 | -10.7% |
China | 13.1 | 9.0 | 3.7 | 3.9 | -33.2% |
Cyprus | 3.1 | 2.2 | 1.0 | 3.3 | 2.1% |
Others | 53.0 | 93.1 | 21.2 | 214 | 59.2% |
Total | 207 | 188 | 68.4 | 447 | 29.3% |
Top Suppliers of Construction Sands to Nigeria in 2022:
- Netherlands (44.6 tons)
- Lebanon (23.6 tons)
- Italy (21.6 tons)
- Cyprus (16.6 tons)
- France (14.8 tons)
- Spain (7.1 tons)
- Australia (6.1 tons)
- Germany (3.3 tons)
- India (2.6 tons)
- China (0.7 tons)
Construction Sands Exports in Nigeria
In 2022, after two years of decline, there was significant growth in overseas shipments of construction sands, when their volume increased by 10% to 320 tons. Over the period under review, exports, however, saw a abrupt slump.
In value terms, construction sands exports soared to $40K in 2022. Overall, exports, however, faced a dramatic curtailment.
Export of Construction Sands in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 125 | 54.2 | 23.4 | 39.0 | -32.2% |
India | 2.5 | 0.7 | 0.2 | 0.2 | -56.9% |
Benin | 0.1 | N/A | N/A | N/A | 0% |
Niger | 0.1 | 0.1 | N/A | N/A | 0.0% |
Others | 1.0 | 0.4 | 0.2 | 0.3 | -33.1% |
Total | 129 | 55.4 | 23.8 | 39.6 | -32.5% |
Top Export Markets for Construction Sands from Nigeria in 2022:
- China (225.0 tons)
- Niger (25.9 tons)
- India (8.9 tons)
- Benin (5.7 tons)
This report provides an in-depth analysis of the construction sands 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 08121190 - Construction sands such as clayey sands, kaolinic sands, f eldspathic sands (excluding silica sands, metal bearing sands)
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
This report provides an in-depth analysis of the construction sands market in Nigeria.
This report provides an in-depth analysis of the natural sand market in Nigeria.
This report provides an in-depth analysis of the silica sand market in Nigeria.
This report provides an in-depth analysis of the global construction sands market.
This report provides an in-depth analysis of the global natural sand market.
This report provides an in-depth analysis of the global silica sand market.
This report provides an in-depth analysis of the construction sands market in Nigeria.
This report provides an in-depth analysis of the natural sand market in Nigeria.
This report provides an in-depth analysis of the silica sand market in Nigeria.
This report provides an in-depth analysis of the global construction sands market.
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