Nigeria - Paper Hand Towels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPaper Hand Towels Price in Nigeria - 2022
Contents:
- Paper Hand Towels Price in Nigeria (CIF) - 2022
- Paper Hand Towels Price in Nigeria (FOB) - 2022
- Paper Hand Towels Imports in Nigeria
- Paper Hand Towels Exports in Nigeria
Paper Hand Towels Price in Nigeria (CIF) - 2022
In 2022, the average paper hand towels import price amounted to $1,854 per ton, increasing by 33% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper hand towels import price increased by +114.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 61%. Over the period under review, average import prices hit record highs at $2,358 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Italy ($3,816 per ton), while the price for China ($913 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Paper Hand Towels Price in Nigeria (FOB) - 2022
The average paper hand towels export price stood at $735 per ton in 2022, shrinking by -9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 54% against the previous year. As a result, the export price attained the peak level of $1,019 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($864 per ton), while the average price for exports to Central African Republic ($354 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 Central African Republic (+1.0%), while the prices for the other major destinations experienced a decline.
Paper Hand Towels Imports in Nigeria
In 2022, approx. 180 tons of paper hand towels were imported into Nigeria; picking up by 65% against the previous year's figure. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, paper hand towels imports surged to $333K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Paper Hand Towels in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 31.8 | 30.6 | 33.4 | 83.7 | 38.1% |
| China | 32.3 | 41.3 | 32.3 | 67.7 | 28.0% |
| United Arab Emirates | 0.4 | 7.6 | 16.7 | 35.1 | 344.4% |
| Italy | 4.5 | 5.3 | 7.1 | 31.6 | 91.5% |
| South Korea | 22.2 | 16.7 | 14.3 | 28.2 | 8.3% |
| Germany | 10.8 | 0.3 | 5.1 | 10.6 | -0.6% |
| Lebanon | 7.0 | 4.8 | 4.4 | 9.7 | 11.5% |
| United Kingdom | 13.2 | 1.3 | 2.1 | 9.0 | -12.0% |
| Pakistan | 5.1 | 2.3 | 0.6 | 4.5 | -4.1% |
| Morocco | 5.0 | N/A | N/A | N/A | 0% |
| Others | 16.8 | 10.9 | 35.7 | 53.3 | 46.9% |
| Total | 149 | 121 | 152 | 333 | 30.7% |
Top Suppliers of Paper Hand Towels to Nigeria in 2022:
- China (74.2 tons)
- Malaysia (43.2 tons)
- United Arab Emirates (18.1 tons)
- South Korea (10.8 tons)
- Italy (8.3 tons)
- Germany (5.4 tons)
- Lebanon (3.8 tons)
- Pakistan (2.1 tons)
- United Kingdom (1.5 tons)
Paper Hand Towels Exports in Nigeria
In 2022, paper hand towels exports from Nigeria shrank markedly to 29 tons, falling by -19.8% on the previous year's figure. In general, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year.
In value terms, paper hand towels exports declined sharply to $21K in 2022. Over the period under review, exports faced a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 117%.
| Export of Paper Hand Towels in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 333 | 11.4 | 24.3 | 18.0 | -62.2% |
| Central African Republic | 35.8 | 1.1 | 2.3 | 1.6 | -64.5% |
| Benin | 3.3 | 0.3 | 1.3 | 0.8 | -37.6% |
| Cote d'Ivoire | 10.5 | 0.4 | 0.8 | 0.6 | -61.5% |
| Others | 10.8 | N/A | 0.1 | N/A | -90.4% |
| Total | 394 | 13.3 | 28.8 | 21.0 | -62.4% |
Top Export Markets for Paper Hand Towels from Nigeria in 2022:
- Ghana (22.3 tons)
- Central African Republic (4.4 tons)
- Benin (1.1 tons)
- Cote d'Ivoire (0.7 tons)
This report provides an in-depth analysis of the paper hand towels 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 17221160 - Hand towels of paper pulp, paper, cellulose wadding or webs of cellulose fibres
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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