Report Update: May 1, 2024

Nigeria - Machines For Moulding Articles In Paper Pulp, Paper Or Paperboard - Market Analysis, Forecast, Size, Trends And Insights

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Paper Moulding Machine Price in Nigeria - 2022

Paper Moulding Machine Price in Nigeria (CIF) - 2022

The average paper moulding machine import price stood at $23,546 per unit in 2022, picking up by 46% against the previous year. Over the period under review, the import price saw a resilient increase. The pace of growth was the most pronounced in 2013 an increase of 123%. The import price peaked at $35,901 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($26,020 per unit), while the price for China ($6,367 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Paper Moulding Machine Price in Nigeria (FOB) - 2022

The average paper moulding machine export price stood at $42,687 per unit in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, posted a resilient increase. The growth pace was the most rapid in 2019 when the average export price increased by 6,575% against the previous year. Over the period under review, the average export prices attained the maximum at $42,794 per unit in 2021, and then declined slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to +6.2% per year.

Paper Moulding Machine Imports in Nigeria

In 2022, overseas purchases of machines for moulding articles in paper pulp, paper or paperboard decreased by -83.8% to 48 units, falling for the second consecutive year after two years of growth. In general, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 71%. As a result, imports attained the peak of 1.8K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper moulding machine imports shrank remarkably to $1.1M in 2022. Over the period under review, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. As a result, imports reached the peak of $21M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Paper Moulding Machine in Nigeria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1.9	10.3	3.1	1.1	-16.7%
Ireland	N/A	0.6	N/A	N/A	0%
China	9.6	9.4	1.3	N/A	-63.2%
Turkey	0.1	0.1	N/A	N/A	0.0%
Others	0.5	0.3	0.4	N/A	-10.6%
Total	12.1	20.7	4.8	1.1	-55.0%

Top Suppliers of Paper Moulding Machine to Nigeria in 2022:

United States (41.0 units)
China (5.0 units)
Turkey (1.0 units)

Paper Moulding Machine Exports in Nigeria

In 2022, approx. 2 units of machines for moulding articles in paper pulp, paper or paperboard were exported from Nigeria; approximately equating 2021 figures. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, paper moulding machine exports fell to $85K in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 6,961%. The exports peaked at $86K in 2021, and then fell in the following year.

Export of Paper Moulding Machine in Nigeria (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Niger	85.2	85.6	85.4	0.1%
Others	N/A	N/A	N/A	0%
Total	85.2	85.6	85.4	0.1%

Top Export Markets for Paper Moulding Machine from Nigeria in 2022:

Niger (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paper moulding machine 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 28951170 - Machines for moulding articles in paper pulp, paper or paperboard (including packing for eggs, plates or dishes for confectionery or camping, toys)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023