Nigeria - High-Tenacity Filament Yarn of Nylon or Other Polyamides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNigeria: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024
Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Nigeria
The Nigerien high-tenacity filament nylon yarn market shrank to $X in 2022, dropping by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. High-tenacity filament nylon yarn consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.
Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Nigeria
In value terms, high-tenacity filament nylon yarn production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.
Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides
Exports from Nigeria
In 2022, the amount of high-tenacity filament yarn of nylon or other polyamides exported from Nigeria contracted to X kg, falling by X% compared with 2021 figures. In general, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, high-tenacity filament nylon yarn exports surged to $X in 2022. Overall, exports saw a precipitous decline. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports by Country
Cameroon (X kg), Sao Tome and Principe (X kg) and Niger (X kg) were the main destinations of high-tenacity filament nylon yarn exports from Nigeria, together comprising X% of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Niger (with a CAGR of X%), while the other leaders experienced mixed trend patterns.
In value terms, Sao Tome and Principe ($X) remains the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Nigeria, comprising X% of total exports. The second position in the ranking was held by Cameroon ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.
From 2012 to 2022, the average annual growth rate of value to Sao Tome and Principe stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cameroon (X% per year) and South Africa (X% per year).
Export Prices by Country
The average high-tenacity filament nylon yarn export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price saw a moderate expansion. The growth pace was the most rapid in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sao Tome and Principe ($X per ton), while the average price for exports to Niger ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sao Tome and Principe (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides
Imports into Nigeria
In 2022, overseas purchases of high-tenacity filament yarn of nylon or other polyamides increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a sharp downturn. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.
In value terms, high-tenacity filament nylon yarn imports soared to $X in 2022. In general, imports, however, saw a significant decline. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, China (X tons) was the main high-tenacity filament nylon yarn supplier to Nigeria, accounting for a approx. X% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%.
In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of nylon or other polyamides to Nigeria.
From 2012 to 2022, the average annual growth rate of value from China totaled X%.
Import Prices by Country
In 2022, the average high-tenacity filament nylon yarn import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, high-tenacity filament nylon yarn import price increased by X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Lebanon amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for high-tenacity filament nylon yarn 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 20601240 - High-tenacity filament yarn of nylon or other polyamides (excluding sewing thread, yarn put up for retail sale and hightenacity filament yarn of aramids)
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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