Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Nigeria - 2022

Contents:

  1. Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Nigeria (CIF) - 2022
  2. Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Nigeria (FOB) - 2022
  3. Imports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Nigeria
  4. Exports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Nigeria

Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Nigeria (CIF) - 2022

In 2022, the average import price for table linen; of man-made fibres, not knitted or crocheteds amounted to $15,159 per ton, rising by 82% against the previous year. Overall, the import price enjoyed a resilient expansion. 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 the United States ($29,406 per ton), while the price for China ($5,923 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Nigeria (FOB) - 2022

The average export price for table linen; of man-made fibres, not knitted or crocheteds stood at $7,500 per ton in 2022, reducing by -6.2% against the previous year. In general, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 46% against the previous year. As a result, the export price attained the peak level of $9,000 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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

From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Imports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Nigeria

Imports of table linen; of man-made fibres, not knitted or crocheteds into Nigeria dropped significantly to 157 kg in 2022, shrinking by -99.7% on 2021 figures. Over the period under review, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 138%. As a result, imports attained the peak of 48 tons, and then contracted notably in the following year.

In value terms, imports of table linen; of man-made fibres, not knitted or crocheteds dropped markedly to $2.4K in 2022. In general, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. As a result, imports attained the peak of $398K, and then reduced markedly in the following year.

Import of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3.829.711.31.1-33.8%
United States9.46.51.30.9-54.3%
China24.570.73520.3-77.0%
United Kingdom10.64.90.8N/A-72.5%
France14990.318.8N/A-64.5%
Lebanon8.110.09.4N/A7.7%
South Africa25.55.70.3N/A-89.2%
Turkey40.50.42.9N/A-73.2%
Others17.06.90.9N/A-77.0%
Total2882253982.4-79.7%

Top Suppliers of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted to Nigeria in 2022:

  1. Poland (73.0 kg)
  2. China (52.0 kg)
  3. United States (32.0 kg)

Exports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Nigeria

In 2022, exports of table linen; of man-made fibres, not knitted or crocheteds from Nigeria surged to 2 kg, jumping by 100% against 2021. Over the period under review, exports, however, recorded a dramatic contraction.

In value terms, exports of table linen; of man-made fibres, not knitted or crocheteds skyrocketed to $15 in 2022. In general, exports, however, continue to indicate a dramatic decline.

Export of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Nigeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
BeninN/AN/AN/A15.00%
EstoniaN/AN/A8.0N/A0%
Ireland36.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total36.0N/A8.015.0-25.3%

Top Export Markets for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted from Nigeria in 2022:

  1. Benin (2.0 kg)

Source: IndexBox Market Intelligence Platform

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