Price for Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed in Nigeria - 2022

Contents:

  1. Price for Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed in Nigeria (CIF) - 2022
  2. Price for Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed in Nigeria (FOB) - 2022
  3. Imports of Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed in Nigeria
  4. Exports of Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed in Nigeria

Price for Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed in Nigeria (CIF) - 2022

In 2022, the average import price for photographic paper, paperboard and textiles; sensitised, unexposeds amounted to $0.3 per square meter, which is down by -23.2% against the previous year. Overall, the import price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 74%. The import price peaked at $0.8 per square meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($0.5 per square meter), while the price for Hong Kong SAR ($0.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed in Nigeria (FOB) - 2022

In 2022, the average export price for photographic paper, paperboard and textiles; sensitised, unexposeds amounted to $4.9 per square meter, rising by 18% against the previous year. Over the period under review, the export price recorded prominent growth. The growth pace was the most rapid in 2014 when the average export price increased by 131%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($3.8 per square meter), while the average price for exports to Benin amounted to $3.1 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+32.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed in Nigeria

In 2022, purchases abroad of photographic paper, paperboard and textiles; sensitised, unexposeds increased by 116% to 1.3M square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt decline. Imports peaked at 1.6M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of photographic paper, paperboard and textiles; sensitised, unexposeds soared to $448K in 2022. Overall, imports, however, saw a pronounced downturn. Over the period under review, imports of hit record highs at $518K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25.034.69.1357142.6%
Hong Kong SAR1.12.50.964.0287.5%
Thailand3.46.80.415.164.4%
Japan2.63.10.611.463.7%
Belgium40.281.318.6N/A-32.0%
United Arab Emirates15.433.072.0N/A116.2%
Taiwan (Chinese)10.317.04.4N/A-34.6%
Others4203271640.3-91.1%
Total518506270448-4.7%

Top Suppliers of Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed to Nigeria in 2022:

  1. China (786.1K square meters)
  2. Hong Kong SAR (379.3K square meters)
  3. Thailand (81.5K square meters)
  4. Japan (49.6K square meters)

Exports of Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed in Nigeria

In 2022, overseas shipments of photographic paper, paperboard and textiles; sensitised, unexposeds increased by 58% to 90 square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. The exports peaked at 92 square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of photographic paper, paperboard and textiles; sensitised, unexposeds soared to $444 in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed in Nigeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso2091991642648.1%
Benin28.039.033.053.023.7%
OthersN/AN/A42.0127202.4%
Total23723823944423.3%

Top Export Markets for Photographic Paper, Paperboard and Textiles; Sensitised, Unexposed from Nigeria in 2022:

  1. Burkina Faso (70.0 square meters)
  2. Benin (17.0 square meters)

Source: IndexBox Market Intelligence Platform

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