Price for Paper and Paperboard; Uncoated, Straw Fluting Paper, Rolls or Sheets in Nigeria - 2022

Contents:

  1. Price for Paper and Paperboard; Uncoated, Straw Fluting Paper, Rolls or Sheets in Nigeria (CIF) - 2022
  2. Imports of Paper and Paperboard; Uncoated, Straw Fluting Paper, Rolls or Sheets in Nigeria

Price for Paper and Paperboard; Uncoated, Straw Fluting Paper, Rolls or Sheets in Nigeria (CIF) - 2022

In 2022, the average import price for paper and paperboard; uncoated, straw fluting paper, rolls or sheetses amounted to $881 per ton, increasing by 40% against the previous year. In general, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 138% against the previous year. The import price peaked at $1,955 per ton in 2019; however, from 2020 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 China ($1,275 per ton), while the price for India totaled $846 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+96.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Paper and Paperboard; Uncoated, Straw Fluting Paper, Rolls or Sheets in Nigeria

In 2022, after three years of growth, there was significant decline in purchases abroad of paper and paperboard; uncoated, straw fluting paper, rolls or sheetses, when their volume decreased by -81.2% to 111 tons. Over the period under review, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 109% against the previous year.

In value terms, imports of paper and paperboard; uncoated, straw fluting paper, rolls or sheetses declined sharply to $98K in 2022. Overall, imports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. As a result, imports attained the peak of $450K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Paper and Paperboard; Uncoated, Straw Fluting Paper, Rolls or Sheets in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A43.10%
China1432253725.7-65.8%
Belgium20.2N/AN/AN/A0%
Others163225N/A48.9-33.1%
Total32645037297.7-33.1%

Top Suppliers of Paper and Paperboard; Uncoated, Straw Fluting Paper, Rolls or Sheets to Nigeria in 2022:

  1. India (51.0 tons)
  2. China (4.5 tons)

Source: IndexBox Market Intelligence Platform

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