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Nigeria - Furnishing Articles, Furniture and Cushion Covers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCushion Cover Price in Nigeria - 2022
Contents:
- Cushion Cover Price in Nigeria (CIF) - 2022
- Cushion Cover Price in Nigeria (FOB) - 2022
- Cushion Cover Imports in Nigeria
- Cushion Cover Exports in Nigeria
Cushion Cover Price in Nigeria (CIF) - 2022
The average cushion cover import price stood at $3,430 per ton in 2022, shrinking by -18.4% against the previous year. Overall, the import price continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2021 an increase of 64%. The import price peaked at $8,791 per ton in 2016; however, from 2017 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 Tanzania ($6,402 per ton), while the price for China ($581 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Cushion Cover Price in Nigeria (FOB) - 2022
In 2022, the average cushion cover export price amounted to $13,790 per ton, dropping by -21.9% against the previous year. In general, the export price, however, saw temperate growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 88%. The export price peaked at $17,657 per ton in 2021, and then reduced markedly in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($10,863 per ton), while the average price for exports to Ghana ($9,438 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 Congo (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Cushion Cover Imports in Nigeria
In 2022, approx. 5.4K tons of furnishing articles for car seats were imported into Nigeria; with a decrease of -59.1% against 2021. Overall, imports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 221%.
In value terms, cushion cover imports contracted notably to $19M in 2022. Over the period under review, imports saw a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 428% against the previous year.
Import of Cushion Cover in Nigeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.7 | 0.2 | 3.0 | 10.1 | 143.4% |
Vietnam | 55.6 | 7.7 | 43.3 | 6.3 | -51.6% |
China | 8.3 | 0.6 | 0.5 | 0.6 | -58.3% |
Tanzania | 1.4 | 0.2 | 0.6 | 0.1 | -58.5% |
Others | 13.1 | 2.0 | 8.3 | 1.5 | -51.4% |
Total | 79.1 | 10.6 | 55.7 | 18.6 | -38.3% |
Top Suppliers of Cushion Cover to Nigeria in 2022:
- Tanzania (undefinedK tons)
- India (2.5K tons)
- Vietnam (1.7K tons)
- China (1.1K tons)
Cushion Cover Exports in Nigeria
In 2022, cushion cover exports from Nigeria contracted to 3.6 tons, dropping by -8.8% against the previous year. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year.
In value terms, cushion cover exports reduced rapidly to $50K in 2022. Overall, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of $70K, and then fell sharply in the following year.
Export of Cushion Cover in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Niger | 16.3 | 15.2 | 42.1 | 25.5 | 16.1% |
Ghana | 24.2 | 15.1 | 9.2 | 8.6 | -29.2% |
Benin | 1.3 | 6.2 | 0.4 | 2.3 | 20.9% |
Congo | 2.0 | N/A | N/A | N/A | 0% |
Others | 11.5 | 17.4 | 18.1 | 13.4 | 5.2% |
Total | 55.3 | 54.0 | 69.9 | 49.8 | -3.4% |
Top Export Markets for Cushion Cover from Nigeria in 2022:
- Niger (2347.0 kg)
- Ghana (912.0 kg)
- Benin (237.0 kg)
This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover 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 13921660 - Furnishing articles including furniture and cushion covers as well as cushion covers, etc. for car seats (excluding blankets, t ravelling rugs, bed linen, table linen, toilet linen, kitchen linen, curtains, blinds, valances and bedspreads)
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
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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 market for furnishing article, furniture and cushion cover in Nigeria.
This report provides an in-depth analysis of the bedspread market in Nigeria.
This report provides an in-depth analysis of the global market for furnishing article, furniture and cushion cover.
This report provides an in-depth analysis of the global bedspread market.
This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover in Nigeria.
This report provides an in-depth analysis of the bedspread market in Nigeria.
This report provides an in-depth analysis of the global market for furnishing article, furniture and cushion cover.
This report provides an in-depth analysis of the global bedspread market.
Explore the top countries by import value for furnishing articles, furniture, and cushion covers in 2023. Discover key statistics and market insights.
In value terms, furnishing articles imports stood at $X in 2016. Overall, furnishing articles imports continue to indicate a relatively flat trend pattern. Global furnishing articles import peaked of...
In value terms, furnishing articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
Explore the top countries by import value for furnishing articles, furniture, and cushion covers in 2023. Discover key statistics and market insights.
In value terms, furnishing articles imports stood at $X in 2016. Overall, furnishing articles imports continue to indicate a relatively flat trend pattern. Global furnishing articles import peaked of...
In value terms, furnishing articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...