Price for Linoleum, Whether or Not Cut To Shape in Nigeria - 2023

Contents:

  1. Price for Linoleum, Whether or Not Cut To Shape in Nigeria (CIF) - 2022
  2. Price for Linoleum, Whether or Not Cut To Shape in Nigeria (FOB) - 2022
  3. Imports of Linoleum, Whether or Not Cut To Shape in Nigeria
  4. Exports of Linoleum, Whether or Not Cut To Shape in Nigeria

Price for Linoleum, Whether or Not Cut To Shape in Nigeria (CIF) - 2022

In 2022, the average import price for linoleum, whether or not cut to shapes amounted to $9.1 per square meter, declining by -19.7% against the previous year. Over the period under review, the import price showed a perceptible decline. The pace of growth appeared the most rapid in 2016 an increase of 91% against the previous year. The import price peaked at $14 per square meter in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 UK ($15 per square meter), while the price for Italy ($6.9 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Linoleum, Whether or Not Cut To Shape in Nigeria (FOB) - 2022

In 2022, the average export price for linoleum, whether or not cut to shapes amounted to $9.1 per square meter, which is down by -14.3% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 13%. As a result, the export price attained the peak level of $11 per square meter, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Benin.

From 2012 to 2022, the rate of growth in terms of prices for Cameroon amounted to +5.8% per year.

Imports of Linoleum, Whether or Not Cut To Shape in Nigeria

Imports of linoleum, whether or not cut to shapes into Nigeria skyrocketed to 9.4K square meters in 2022, surging by 500% on the year before. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of linoleum, whether or not cut to shapes soared to $86K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Linoleum, Whether or Not Cut To Shape in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.14.710.656.649.0%
Italy1.90.51.710.174.5%
France6.61.32.16.2-2.1%
Germany2.30.81.24.222.2%
Netherlands1.10.20.64.053.8%
United Kingdom3.00.60.92.7-3.5%
United States1.80.40.72.38.5%
Others0.3N/A0.1N/A-42.3%
Total34.18.417.986.136.2%

Top Suppliers of Linoleum, Whether or Not Cut To Shape to Nigeria in 2022:

  1. China (6.2K square meters)
  2. Italy (1.5K square meters)
  3. France (0.8K square meters)
  4. Netherlands (0.3K square meters)
  5. Germany (0.3K square meters)
  6. United Kingdom (0.2K square meters)
  7. United States (0.1K square meters)

Exports of Linoleum, Whether or Not Cut To Shape in Nigeria

After two years of decline, shipments abroad of linoleum, whether or not cut to shapes increased by 133% to 7 square meters in 2022. Over the period under review, exports, however, showed a deep reduction. The exports peaked at 10 square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of linoleum, whether or not cut to shapes soared to $64 in 2022. Overall, exports, however, saw a abrupt setback. The exports peaked at $94 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Linoleum, Whether or Not Cut To Shape in Nigeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Benin94.066.032.064.0-12.0%
OthersN/AN/AN/AN/A0%
Total94.066.032.064.0-12.0%

Top Export Markets for Linoleum, Whether or Not Cut To Shape from Nigeria in 2022:

  1. Benin (7.0 square meters)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Linoleum, whether or not cut to shape - Nigeria