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Nigeria - Marble and Travertine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNigeria: Marble And Travertine Market 2024
Marble And Travertine Market Size in Nigeria
The Nigerien marble and travertine market stood at $X in 2023, increasing by X% against the previous year. Overall, consumption posted a temperate increase. Marble and travertine consumption peaked in 2023 and is likely to continue growth in the immediate term.
Marble And Travertine Production in Nigeria
In value terms, marble and travertine production totaled $X in 2023 estimated in export price. Over the period under review, production showed a noticeable increase. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Marble and travertine production peaked in 2023 and is expected to retain growth in the near future.
Marble And Travertine Exports
Exports from Nigeria
Marble and travertine exports from Nigeria skyrocketed to X tons in 2023, picking up by X% on 2022 figures. In general, exports, however, faced a significant contraction. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.
In value terms, marble and travertine exports dropped rapidly to $X in 2023. Overall, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then reduced dramatically in the following year.
Exports by Country
China (X tons) was the main destination for marble and travertine exports from Nigeria, with a X% share of total exports. It was followed by Benin (X tons), with a X% share of total exports.
From 2021 to 2023, the average annual growth rate of volume to China was relatively modest.
In value terms, China ($X) emerged as the key foreign market for marble and travertine exports from Nigeria, comprising X% of total exports. The second position in the ranking was held by Benin ($X), with a X% share of total exports.
From 2021 to 2023, the average annual growth rate of value to China was relatively modest.
Export Prices by Country
In 2023, the average marble and travertine export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, posted strong growth. The growth pace was the most rapid in 2022 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Benin ($X per ton), while the average price for exports to China amounted to $X per ton.
From 2021 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Benin (X.9%).
Marble And Travertine Imports
Imports into Nigeria
In 2023, supplies from abroad of marble and travertine decreased by X% to X tons, falling for the sixth year in a row after two years of growth. In general, imports recorded a precipitous slump. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.
In value terms, marble and travertine imports contracted dramatically to $X in 2023. Over the period under review, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, China (X tons) was the main supplier of marble and travertine to Nigeria, accounting for a approx. X% share of total imports.
From 2012 to 2023, the average annual growth rate of volume from China stood at X%.
In value terms, China ($X) constituted the largest supplier of marble and travertine to Nigeria.
From 2012 to 2023, the average annual rate of growth in terms of value from China amounted to X%.
Import Prices by Country
The average marble and travertine import price stood at $X per ton in 2023, rising by X% against the previous year. Overall, the import price, however, continues to indicate a slight slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2023, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the marble and travertine market 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 08111133 - Marble and travertine, crude or roughly trimmed
- Prodcom 08111136 - Marble and travertine merely cut into rectangular or square blocks or slabs
- Prodcom 08111150 - Ecaussine and other calcareous monumental or building stone of an apparent specific gravity . 2,5
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
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