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Nigeria - Chalk and Dolomite - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Dolomite Market 2024

Dolomite Market Size in Nigeria

In 2021, the Nigerien dolomite market increased by 52% to $X, rising for the fourth consecutive year after two years of decline. In general, consumption recorded a significant expansion. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Dolomite Exports

Exports from Nigeria

In 2021, overseas shipments of chalk and dolomite were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dolomite exports soared to $X in 2021. Over the period under review, exports recorded a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Guinea (X tons) was the main destination for dolomite exports from Nigeria, accounting for a 97% share of total exports. It was followed by Ghana (X tons), with a 3.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Guinea was relatively modest.

In value terms, Guinea ($X) emerged as the key foreign market for chalk and dolomite exports from Nigeria, comprising 88% of total exports. The second position in the ranking was held by Ghana ($X), with a 3.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Guinea was relatively modest.

Export Prices by Country

The average dolomite export price stood at $X per ton in 2021, waning by -60% against the previous year. Overall, the export price recorded a mild curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 97%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Ghana ($X per ton), while the average price for exports to Guinea stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+0.9%).

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Dolomite Imports

Imports into Nigeria

In 2021, supplies from abroad of chalk and dolomite increased by 66% to X tons, rising for the fourth year in a row after two years of decline. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 437% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, dolomite imports surged to $X in 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 357% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Jordan (X tons), Egypt (X tons) and Spain (X tons) were the main suppliers of dolomite imports to Nigeria, together comprising 74% of total imports. China, Germany and Israel lagged somewhat behind, together comprising a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +130.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dolomite suppliers to Nigeria were Jordan ($X), Egypt ($X) and Spain ($X), with a combined 71% share of total imports. These countries were followed by Germany, China and Israel, which together accounted for a further 11%.

Germany, with a CAGR of +131.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dolomite import price stood at $X per ton in 2021, shrinking by -1.9% against the previous year. In general, the import price recorded a perceptible setback. The pace of growth appeared the most rapid in 2018 an increase of 40%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the prices for the other major suppliers experienced a decline.

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Frequently Asked Questions (FAQ) :

What are the largest markets for chalk and dolomite in the world?

The countries with the highest volumes of consumption in 2021 were Peru, China and Russia, with a combined 44% share of global consumption. The United States, Brazil, Poland, Mexico, India, Hungary and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of chalk and dolomite in the world?

The countries with the highest volumes of production in 2021 were Peru, China and Russia, together comprising 45% of global production. The United States, Brazil, Poland, Mexico, Canada, the Philippines, Hungary and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 25%.

What are the leading suppliers of chalk and dolomite to Nigeria?

In value terms, the largest dolomite suppliers to Nigeria were Jordan, Egypt and Spain, with a combined 71% share of total imports. Germany, China and Israel lagged somewhat behind, together accounting for a further 11%.

What are the leading importers of chalk and dolomite from Nigeria?

In value terms, Guinea emerged as the key foreign market for chalk and dolomite exports from Nigeria, comprising 88% of total exports. The second position in the ranking was held by Ghana, with a 3.9% share of total exports.

What is the average export price for chalk and dolomite in Nigeria?

The average dolomite export price stood at $105 per ton in 2021, shrinking by -60% against the previous year.

What is the average import price for chalk and dolomite in Nigeria?

In 2021, the average dolomite import price amounted to $197 per ton, shrinking by -1.9% against the previous year.

This report provides an in-depth analysis of the dolomite 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 08113010 - Chalk
Prodcom 08113030 - Dolomite, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs (excluding calcined or sintered dolomite, agglomerated dolomite and broken or crushed dolomite for concrete aggregates, road metalling or railway or other ballast)

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