Nigeria - Office Or School Supplies Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOffice Supply Price in Nigeria - 2022
Contents:
- Office Supply Price in Nigeria (CIF) - 2022
- Office Supply Price in Nigeria (FOB) - 2022
- Office Supply Imports in Nigeria
- Office Supply Exports in Nigeria
Office Supply Price in Nigeria (CIF) - 2022
In 2022, the average office supply import price amounted to $2,251 per ton, rising by 25% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, office supply import price decreased by -30.3% against 2016 indices. The pace of growth appeared the most rapid in 2014 an increase of 51%. The import price peaked at $3,231 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 ($6,428 per ton), while the price for Malaysia ($1,087 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 States (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Office Supply Price in Nigeria (FOB) - 2022
The average office supply export price stood at $4,489 per ton in 2022, surging by 71% against the previous year. Over the period under review, the export price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 238%. As a result, the export price reached the peak level of $6,393 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
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 Ghana ($5,755 per ton), while the average price for exports to Cameroon ($1,742 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 Burkina Faso (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Office Supply Imports in Nigeria
In 2022, the amount of office or school supplies of plastics imported into Nigeria declined remarkably to 788 tons, which is down by -18.3% on the previous year's figure. In general, imports showed a significant decrease.
In value terms, office supply imports expanded to $1.8M in 2022. Over the period under review, imports saw a precipitous slump.
| Import of Office Supply in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,711 | 567 | 875 | 1,332 | -8.0% |
| Denmark | 1,519 | 1,313 | 50.7 | 245 | -45.6% |
| United Kingdom | 247 | 106 | 76.1 | 31.9 | -49.5% |
| India | 447 | 248 | 198 | 28.0 | -60.3% |
| Malaysia | 33.8 | 42.5 | 40.2 | 7.9 | -38.4% |
| Germany | 163 | 168 | 38.9 | 2.4 | -75.5% |
| Others | 427 | 741 | 464 | 125 | -33.6% |
| Total | 4,549 | 3,186 | 1,743 | 1,773 | -27.0% |
Top Suppliers of Office Supply to Nigeria in 2022:
- China (702.8 tons)
- Denmark (49.7 tons)
- United Kingdom (7.4 tons)
- Malaysia (7.3 tons)
- India (1.7 tons)
- Germany (0.5 tons)
Office Supply Exports in Nigeria
In 2022, the amount of office or school supplies of plastics exported from Nigeria declined sharply to 8.9 tons, with a decrease of -63.9% on the previous year. In general, exports, however, continue to indicate slight growth. The pace of growth appeared the most rapid in 2021 when exports increased by 473%. As a result, the exports reached the peak of 25 tons, and then dropped sharply in the following year.
In value terms, office supply exports reduced sharply to $40K in 2022. Overall, exports, however, posted prominent growth. The growth pace was the most rapid in 2021 with an increase of 326%. As a result, the exports attained the peak of $64K, and then dropped markedly in the following year.
| Export of Office Supply in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 3.2 | 1.1 | 26.2 | 16.6 | 73.1% |
| Ghana | 2.9 | 2.2 | 5.9 | 10.9 | 55.5% |
| Zambia | 7.2 | 1.5 | 5.1 | 3.2 | -23.7% |
| Benin | 2.5 | 0.6 | 7.9 | 1.0 | -26.3% |
| Cameroon | 1.6 | 0.7 | 0.9 | 0.5 | -32.1% |
| United Kingdom | N/A | N/A | 1.1 | N/A | 0% |
| Italy | N/A | N/A | 3.1 | N/A | 0% |
| Others | 12.2 | 9.0 | 14.1 | 7.6 | -14.6% |
| Total | 29.5 | 15.1 | 64.4 | 39.8 | 10.5% |
Top Export Markets for Office Supply from Nigeria in 2022:
- Burkina Faso (6.1 tons)
- Ghana (1.9 tons)
- Cameroon (0.3 tons)
- Benin (0.3 tons)
- Zambia (0.1 tons)
This report provides an in-depth analysis of the office supply 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 22292500 - Office or school supplies of plastic (including paperweights, p aper-knives, blotting pads, pen-rests and book marks)
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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In 2016, approx. X tons of office supply were imported worldwide- picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
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In 2016, approx. X tons of office supply were imported worldwide- picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
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In value terms, bells, gongs and the like imports totaled $X in 2016. In general, bells, gongs and the like imports continue to indicate a relatively flat trend pattern. Over the period under revie...
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