Report Update: Apr 1, 2024

Nigeria - Surgical Gloves - Market Analysis, Forecast, Size, Trends and Insights

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Surgical Glove Price in Nigeria - 2022

Surgical Glove Price in Nigeria (CIF) - 2022

In 2022, the average surgical glove import price amounted to $23 per thousand pairs, dropping by -45.2% against the previous year. Over the period under review, the import price showed a pronounced decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 99%. Over the period under review, average import prices hit record highs at $61 per thousand pairs 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 India ($4,934 per thousand pairs), while the price for Malaysia ($1,943 per thousand pairs) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.1%), while the prices for the other major suppliers experienced a decline.

Surgical Glove Price in Nigeria (FOB) - 2022

The average surgical glove export price stood at $21 per thousand pairs in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 94% against the previous year. The export price peaked at $45 per thousand pairs in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($3,268 per thousand pairs), while the average price for exports to Niger stood at $1,492 per thousand pairs.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+1,094.3%), while the prices for the other major destinations experienced mixed trend patterns.

Surgical Glove Imports in Nigeria

In 2022, the amount of surgical gloves imported into Nigeria soared to 253M pairs, surging by 92% compared with 2021. Overall, imports, however, continue to indicate a abrupt descent. Imports peaked at 428M pairs in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, surgical glove imports rose remarkably to $5.8M in 2022. In general, imports posted notable growth. The pace of growth was the most pronounced in 2020 when imports increased by 89% against the previous year. As a result, imports attained the peak of $10M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Surgical Glove in Nigeria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1.1	3.2	1.2	1.6	13.3%
Thailand	0.5	4.5	0.6	1.6	47.4%
Malaysia	3.2	1.1	0.2	1.3	-25.9%
India	0.4	1.4	1.3	1.2	44.2%
Others	0.1	0.1	2.2	0.2	26.0%
Total	5.4	10.2	5.5	5.8	2.4%

Top Suppliers of Surgical Glove to Nigeria in 2022:

Malaysia (0.7M pairs)
Thailand (0.6M pairs)
China (0.4M pairs)
India (0.2M pairs)

Surgical Glove Exports in Nigeria

Surgical glove exports from Nigeria expanded rapidly to 846K pairs in 2022, picking up by 6.9% on 2021. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year. As a result, the exports attained the peak of 900K pairs. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, surgical glove exports rose markedly to $17K in 2022. In general, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports attained the peak figure at $21K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Surgical Glove in Nigeria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Benin	0.5	2.2	14.9	16.1	218.1%
Niger	19.7	16.4	1.3	1.4	-58.6%
Others	0.5	0.1	N/A	N/A	-80.0%
Total	20.7	18.8	16.1	17.4	-5.6%

Top Export Markets for Surgical Glove from Nigeria in 2022:

Benin (4.9K pairs)
Niger (0.9K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the surgical glove 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 22196000 - Articles of apparel and clothing accessories (including gloves, m ittens and mitts), for all purposes, of vulcanised rubber other than hard rubber

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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