Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria - 2022

Contents:

  1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria (CIF) - 2022
  2. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria (CIF) - 2022

In 2022, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $10,131 per ton, surging by 19% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 145%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,420 per ton), while the price for Kenya ($1,403 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria

In 2022, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses into Nigeria fell rapidly to 27 tons, waning by -89.4% compared with 2021. Over the period under review, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 348%. As a result, imports reached the peak of 253 tons, and then declined notably in the following year.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses contracted markedly to $271K in 2022. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 997% against the previous year. As a result, imports attained the peak of $2.1M, and then declined notably in the following year.

Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.81001,815211142.5%
China28664.590.135.6-50.1%
India1.60.61.111.391.9%
United Arab Emirates1.415.70.63.434.4%
KenyaN/AN/AN/A2.80%
South KoreaN/A0.593.91.573.2%
France1092.391.9N/A-8.2%
Others23.812.155.65.0-40.6%
Total4361962,148271-14.7%

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Nigeria in 2022:

  1. United States (14.6 tons)
  2. China (7.3 tons)
  3. Kenya (2.0 tons)
  4. India (1.3 tons)
  5. South Korea (0.6 tons)
  6. United Arab Emirates (0.5 tons)

Source: IndexBox Market Intelligence Platform

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