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Nigeria - Plastic Shutters And Blinds - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Plastic Shutters and Blinds in Nigeria - 2022
Contents:
- Price for Plastic Shutters and Blinds in Nigeria (CIF) - 2022
- Price for Plastic Shutters and Blinds in Nigeria (FOB) - 2022
- Imports of Plastic Shutters and Blinds in Nigeria
- Exports of Plastic Shutters and Blinds in Nigeria
Price for Plastic Shutters and Blinds in Nigeria (CIF) - 2022
In 2022, the average plastic shutters and blinds import price amounted to $2.3 per unit, rising by 8.1% against the previous year. In general, the import price, however, showed a abrupt descent. The pace of growth was the most pronounced in 2021 when the average import price increased by 57%. The import price peaked at $6.7 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.1% per year.
Price for Plastic Shutters and Blinds in Nigeria (FOB) - 2022
The average plastic shutters and blinds export price stood at $18 per unit in 2022, picking up by 56% against the previous year. Over the period under review, the export price, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 85% against the previous year. The export price peaked at $27 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($1,063 per unit), while the average price for exports to Canada ($3.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+57.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plastic Shutters and Blinds in Nigeria
In 2022, plastic shutters and blinds imports into Nigeria surged to 721K units, rising by 120% on the previous year. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 339%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, plastic shutters and blinds imports skyrocketed to $1.7M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Plastic Shutters and Blinds in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 48.6 | 407 | 439 | 1,540 | 216.4% |
South Africa | 169 | 74.9 | 48.3 | 16.3 | -54.1% |
United Kingdom | 12.2 | 10.5 | 15.4 | 9.5 | -8.0% |
Spain | 13.3 | 20.3 | 32.9 | 3.1 | -38.5% |
Others | 269 | 158 | 175 | 121 | -23.4% |
Total | 511 | 670 | 710 | 1,690 | 49.0% |
Top Suppliers of Plastic Shutters and Blinds to Nigeria in 2022:
- China (688.4K units)
- United Kingdom (7.1K units)
- South Africa (3.0K units)
- Spain (1.2K units)
Exports of Plastic Shutters and Blinds in Nigeria
In 2022, approx. 49 units of plastic shutters and blinds were exported from Nigeria; picking up by 4.3% on 2021 figures. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,029% against the previous year. As a result, the exports attained the peak of 79 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, plastic shutters and blinds exports surged to $893 in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,118%. As a result, the exports reached the peak of $1.2K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Plastic Shutters and Blinds in Nigeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 22.0 | 595 | 341 | 464 | 176.3% |
Benin | 32.0 | 513 | 167 | 382 | 128.5% |
Niger | 1.0 | 18.0 | 10.0 | 14.0 | 141.0% |
Canada | N/A | N/A | N/A | 3.0 | 0% |
Others | 1.0 | 116 | 26.0 | 30.0 | 210.7% |
Total | 56.0 | 1,242 | 544 | 893 | 151.7% |
Top Export Markets for Plastic Shutters and Blinds from Nigeria in 2022:
- Benin (47.0 units)
- Canada (1.0 units)
- Niger (1.0 units)
This report provides an in-depth analysis of the market for plastic shutters and blinds 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 22231470 - Plastic shutters, blinds and similar articles and parts thereof
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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