Nigeria - Prefabricated Buildings Of Plastics, Concrete Or Aluminium - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Nigeria - Prefabricated Buildings Of Plastics, Concrete Or Aluminium - Market Analysis, Forecast, Size, Trends And Insights

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Price for Prefabricated Buildings of Plastics, Concrete or Aluminium in Nigeria - 2022

Contents:

  1. Price for Prefabricated Buildings of Plastics, Concrete or Aluminium in Nigeria (CIF) - 2022
  2. Price for Prefabricated Buildings of Plastics, Concrete or Aluminium in Nigeria (FOB) - 2022
  3. Imports of Prefabricated Buildings of Plastics, Concrete or Aluminium in Nigeria
  4. Exports of Prefabricated Buildings of Plastics, Concrete or Aluminium in Nigeria

Price for Prefabricated Buildings of Plastics, Concrete or Aluminium in Nigeria (CIF) - 2022

The average import price for prefabricated buildings of plastics, concrete or aluminium stood at $3,409 per ton in 2022, flattening at the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 46% against the previous year. The import price peaked at $3,699 per ton in 2012; however, from 2013 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 Croatia ($8,228 per ton), while the price for Vietnam ($1,950 per ton) 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 (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Prefabricated Buildings of Plastics, Concrete or Aluminium in Nigeria (FOB) - 2022

The average export price for prefabricated buildings of plastics, concrete or aluminium stood at $943 per ton in 2022, declining by -11% against the previous year. Overall, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 124% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,894 per ton in 2012; however, from 2013 to 2022, the 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 ($6,750 per ton), while the average price for exports to South Africa ($98 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 the UK (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings of Plastics, Concrete or Aluminium in Nigeria

In 2022, supplies from abroad of prefabricated buildings of plastics, concrete or aluminium was finally on the rise to reach 22K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium surged to $74M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Prefabricated Buildings of Plastics, Concrete or Aluminium in Nigeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.812.610.039.7102.2%
Croatia0.94.42.78.8113.8%
United Arab Emirates2.32.61.25.029.5%
India2.42.71.24.523.3%
Egypt3.40.61.04.49.0%
Turkey1.82.03.03.524.8%
VietnamN/A0.30.13.5241.6%
Italy2.40.80.61.1-22.9%
Saudi Arabia0.1N/AN/AN/A0%
Others16.622.69.93.8-38.8%
Total34.848.629.674.228.7%

Top Suppliers of Prefabricated Buildings of Plastics, Concrete or Aluminium to Nigeria in 2022:

  1. China (11.4K tons)
  2. Vietnam (1.8K tons)
  3. Turkey (1.7K tons)
  4. India (1.5K tons)
  5. United Arab Emirates (1.4K tons)
  6. Egypt (1.3K tons)
  7. Croatia (1.1K tons)
  8. Italy (0.5K tons)

Exports of Prefabricated Buildings of Plastics, Concrete or Aluminium in Nigeria

In 2022, after three years of growth, there was significant decline in overseas shipments of prefabricated buildings of plastics, concrete or aluminium, when their volume decreased by -90.4% to 12 tons. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,060% against the previous year. As a result, the exports attained the peak of 128 tons, and then declined sharply in the following year.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium reduced markedly to $12K in 2022. Over the period under review, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,217% against the previous year. As a result, the exports attained the peak of $135K, and then reduced sharply in the following year.

Export of Prefabricated Buildings of Plastics, Concrete or Aluminium in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso5.56.861.15.60.6%
Cameroon0.10.348.33.7233.2%
United Kingdom1.11.29.60.8-10.1%
Gabon0.91.09.00.8-3.9%
Ghana0.40.54.30.40.0%
Congo0.20.21.90.20.0%
South AfricaN/AN/AN/A0.10%
Others0.10.30.90.10.0%
Total8.410.313511.611.4%

Top Export Markets for Prefabricated Buildings of Plastics, Concrete or Aluminium from Nigeria in 2022:

  1. Cameroon (8.6 tons)
  2. Burkina Faso (1.5 tons)
  3. South Africa (0.9 tons)
  4. United Kingdom (0.5 tons)
  5. Ghana (0.3 tons)
  6. Congo (0.2 tons)
  7. Gabon (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for prefabricated buildings of plastics, concrete or aluminium 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 16232000 - Prefabricated buildings of wood
  • Prodcom 22232000 - Prefabricated buildings, of plastics
  • Prodcom 23612000 - Prefabricated buildings of concrete
  • Prodcom 25111030 - Prefabricated buildings, of iron or steel
  • Prodcom 25111050 - Prefabricated buildings, of aluminium
  • Prodcom 399900Z0 - Prefabricated buildings of plastics, concrete or aluminium

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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Free Data: Prefabricated Buildings Of Plastics, Concrete Or Aluminium - Nigeria