Nigeria - Safety Glass - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Glass Price in Nigeria - 2022
Contents:
- Safety Glass Price in Nigeria (CIF) - 2022
- Safety Glass Price in Nigeria (FOB) - 2022
- Safety Glass Imports in Nigeria
- Safety Glass Exports in Nigeria
Safety Glass Price in Nigeria (CIF) - 2022
In 2022, the average safety glass import price amounted to $18 per square meter, jumping by 52% against the previous year. Over the period under review, the import price showed mild growth. The import price peaked at $25 per square meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($21 per square meter), while the price for China ($16 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Safety Glass Price in Nigeria (FOB) - 2022
In 2022, the average safety glass export price amounted to $10 per square meter, declining by -58.1% against the previous year. Over the period under review, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 83%. Over the period under review, the average export prices reached the peak figure at $36 per square meter in 2015; however, from 2016 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 Benin ($25 per square meter), while the average price for exports to Colombia ($5.9 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gabon (+67.7%), while the prices for the other major destinations experienced mixed trend patterns.
Safety Glass Imports in Nigeria
In 2022, overseas purchases of safety glass decreased by -4.2% to 319K square meters, falling for the second consecutive year after two years of growth. Overall, imports, however, showed strong growth. The growth pace was the most rapid in 2020 when imports increased by 166% against the previous year. As a result, imports reached the peak of 702K square meters. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, safety glass imports skyrocketed to $5.9M in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 109%. As a result, imports reached the peak of $6.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Safety Glass in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 5.0 | 2.6 | 4.3 | 31.3% |
| Belgium | N/A | N/A | N/A | 0.2 | 0% |
| India | 0.1 | 0.5 | N/A | 0.2 | 26.0% |
| Others | 1.3 | 1.2 | 1.4 | 1.1 | -5.4% |
| Total | 3.3 | 6.8 | 4.0 | 5.9 | 21.4% |
Top Suppliers of Safety Glass to Nigeria in 2022:
- China (276.2K square meters)
- Belgium (11.5K square meters)
- India (10.1K square meters)
Safety Glass Exports in Nigeria
For the fourth year in a row, Nigeria recorded growth in overseas shipments of safety glass, which increased by 195% to 26K square meters in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, safety glass exports skyrocketed to $270K in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 109%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Safety Glass in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | N/A | N/A | N/A | 154 | 0% |
| Benin | 13.8 | 32.1 | 49.5 | 35.8 | 37.4% |
| Niger | 3.2 | 36.2 | 63.8 | 33.0 | 117.7% |
| Colombia | N/A | N/A | N/A | 25.6 | 0% |
| United States | N/A | N/A | 79.7 | 8.8 | -89.0% |
| Mali | 7.7 | N/A | N/A | N/A | 0% |
| Gabon | N/A | 6.6 | 1.5 | N/A | -77.3% |
| Others | 26.1 | 29.6 | 23.8 | 13.4 | -19.9% |
| Total | 50.9 | 105 | 218 | 270 | 74.4% |
Top Export Markets for Safety Glass from Nigeria in 2022:
- Togo (16.6K square meters)
- Colombia (4.3K square meters)
- Niger (3.8K square meters)
- Benin (1.4K square meters)
- United States (0.2K square meters)
This report provides an in-depth analysis of the safety glass 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 23121210 - Toughened (tempered) safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, s pacecraft, vessels and other vehicles
- Prodcom 23121230 - Toughened (tempered) safety glass, n.e.c.
- Prodcom 23121250 - Laminated safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, spacecraft, vessels and other vehicles
- Prodcom 23121270 - Laminated safety glass, n.e.c.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
542
This report provides an in-depth analysis of the safety glass market in Nigeria.
300
This report provides an in-depth analysis of the market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Nigeria.
282
This report provides an in-depth analysis of the market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Nigeria.
1616
This report provides an in-depth analysis of the global safety glass market.
437
This report provides an in-depth analysis of the global market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels.
378
This report provides an in-depth analysis of the global market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels.
542
This report provides an in-depth analysis of the safety glass market in Nigeria.
300
This report provides an in-depth analysis of the market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Nigeria.
282
This report provides an in-depth analysis of the market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Nigeria.
1616
This report provides an in-depth analysis of the global safety glass market.
86
Discover the top import markets for safety glass worldwide, including key statistics and market analysis of countries such as Germany, United States, Vietnam, Belgium, and more.
722
China boosted safety glass supplies abroad nearly threefold in the past decade, from $1.3B to $3.0B, topping the global exporter ranking. With an average annual growth rate of +8.5% over the last decade, China emerges as the fastest-growing supplier. Germany held the leading position in global exports until 2010, but now, it remains the largest safety glass importer, along with the U.S. and Vietnam. In 2020, the global safety glass trade reduced by -6% y-o-y to 366M square meters, and China’s supplies accounted for 58% of that volume. In value terms, global trade fell to $9.5B last year, dropping by -10% y-o-y.
714
In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...
705
In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...
86
Discover the top import markets for safety glass worldwide, including key statistics and market analysis of countries such as Germany, United States, Vietnam, Belgium, and more.
722
China boosted safety glass supplies abroad nearly threefold in the past decade, from $1.3B to $3.0B, topping the global exporter ranking. With an average annual growth rate of +8.5% over the last decade, China emerges as the fastest-growing supplier. Germany held the leading position in global exports until 2010, but now, it remains the largest safety glass importer, along with the U.S. and Vietnam. In 2020, the global safety glass trade reduced by -6% y-o-y to 366M square meters, and China’s supplies accounted for 58% of that volume. In value terms, global trade fell to $9.5B last year, dropping by -10% y-o-y.
714
In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...
705
In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...
