Nigeria - Tiles, Flagstones, Bricks And Similar Articles, Of Cement, Concrete Or Artificial Stone - Market Analysis, Forecast, Size, Trends and Insights
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View PricingConcrete Tile Price in Nigeria - 2022
Contents:
- Concrete Tile Price in Nigeria (CIF) - 2022
- Concrete Tile Price in Nigeria (FOB) - 2022
- Concrete Tile Imports in Nigeria
- Concrete Tile Exports in Nigeria
Concrete Tile Price in Nigeria (CIF) - 2022
The average concrete tile import price stood at $329 per ton in 2022, shrinking by -7.2% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28%. The import price peaked at $798 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($429 per ton), while the price for South Africa ($205 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.8%), while the prices for the other major suppliers experienced a decline.
Concrete Tile Price in Nigeria (FOB) - 2022
In 2022, the average concrete tile export price amounted to $325 per ton, growing by 6.1% against the previous year. Over the period under review, the export price, however, showed a perceptible reduction. The growth pace was the most rapid in 2017 when the average export price increased by 226% against the previous year. Over the period under review, the average export prices attained the maximum at $535 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($1,704 per ton), while the average price for exports to Benin totaled $297 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Benin (-0.8%).
Concrete Tile Imports in Nigeria
In 2022, imports of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone into Nigeria soared to 34K tons, with an increase of 30% on 2021. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 207% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, concrete tile imports soared to $11M in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 240%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Concrete Tile in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.2 | 0.1 | 6.0 | 6.5 | 219.1% |
| China | 0.4 | 1.5 | 1.8 | 2.7 | 89.0% |
| South Africa | 0.5 | 0.4 | 0.3 | 0.5 | 0.0% |
| United Arab Emirates | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Vietnam | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.9 | 0.5 | 0.7 | 0.9 | 0.0% |
| Total | 2.2 | 2.7 | 9.2 | 11.0 | 71.0% |
Top Suppliers of Concrete Tile to Nigeria in 2022:
- Italy (18.0K tons)
- China (10.5K tons)
- South Africa (2.5K tons)
- Vietnam (0.6K tons)
- United Arab Emirates (0.5K tons)
Concrete Tile Exports in Nigeria
Concrete tile exports from Nigeria reduced to 36 tons in 2022, falling by -7.2% compared with 2021. The total export volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 39 tons, and then declined in the following year.
In value terms, concrete tile exports fell modestly to $12K in 2022. Overall, exports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 3.2%.
| Export of Concrete Tile in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 7.9 | 1.2 | 10.8 | 10.4 | 9.6% |
| Niger | 4.8 | 1.1 | 1.0 | 1.2 | -37.0% |
| United Kingdom | N/A | 8.9 | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Total | 12.8 | 11.4 | 11.8 | 11.6 | -3.2% |
Top Export Markets for Concrete Tile from Nigeria in 2022:
- Benin (35.0 tons)
- Niger (0.7 tons)
This report provides an in-depth analysis of the concrete tile 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 23611130 - Building blocks and bricks of cement, concrete or artificial stone
- Prodcom 23611150 - Tiles, flagstones and similar articles of cement, concrete or artificial stone (excluding building blocks and bricks)
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.
-
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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