Nigeria - Headgear Of Rubber Or Plastic - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Nigeria - Headgear Of Rubber Or Plastic - Market Analysis, Forecast, Size, Trends And Insights

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Plastic Headgear Price in Nigeria - 2022

Contents:

  1. Plastic Headgear Price in Nigeria (CIF) - 2022
  2. Plastic Headgear Price in Nigeria (FOB) - 2022
  3. Plastic Headgear Imports in Nigeria
  4. Plastic Headgear Exports in Nigeria

Plastic Headgear Price in Nigeria (CIF) - 2022

The average plastic headgear import price stood at $0.2 per unit in 2022, growing by 54% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $0.4 per unit 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 ($0.8 per unit), while the price for the United Arab Emirates (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+24.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Plastic Headgear Price in Nigeria (FOB) - 2022

The average plastic headgear export price stood at $0.2 per unit in 2022, with a decrease of -26% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices reached the maximum at $0.6 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($1.4 per unit), while the average price for exports to Congo ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+11.6%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Headgear Imports in Nigeria

In 2022, the amount of headgear of rubber or plastic imported into Nigeria fell sharply to 503K units, shrinking by -19% compared with 2021 figures. Overall, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Over the period under review, imports reached the peak figure at 4.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, plastic headgear imports skyrocketed to $118K in 2022. In general, imports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 25%. Imports peaked at $1.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Plastic Headgear in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,29253.439.192.4-58.5%
IndiaN/AN/A15.710.8-31.2%
France0.79.317.96.2106.9%
United States3.00.610.63.77.2%
Saudi ArabiaN/A0.8N/AN/A0%
Others12.211.711.75.1-25.2%
Total1,30875.894.9118-55.2%

Top Suppliers of Plastic Headgear to Nigeria in 2022:

  1. China (236.7K units)
  2. India (169.6K units)
  3. France (38.0K units)
  4. United States (27.4K units)

Plastic Headgear Exports in Nigeria

Plastic headgear exports from Nigeria soared to 31K units in 2022, surging by 232% on 2021. In general, exports enjoyed a significant increase. Over the period under review, the exports attained the maximum at 32K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, plastic headgear exports skyrocketed to $6.6K in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 207% against the previous year. As a result, the exports reached the peak of $10K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Plastic Headgear in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo2.42.51.55.128.6%
Ghana0.30.30.10.518.6%
Cote d'Ivoire0.20.20.10.314.5%
VietnamN/A7.1N/AN/A0%
Others0.60.41.00.810.1%
Total3.410.52.76.624.7%

Top Export Markets for Plastic Headgear from Nigeria in 2022:

  1. Congo (28.7K units)
  2. Cote d'Ivoire (1.1K units)
  3. Ghana (0.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic headgear 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 32991190 - Headgear of rubber or plastic (excluding safety headgear)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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