Report Update Apr 1, 2024

Nigeria - Chemical Contraceptive Preparations Based on Hormones or Spermicides - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in Nigeria

In 2021, the Nigerien chemical contraceptive preparations market decreased by -20.5% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption enjoyed a significant increase. Over the period under review, the market hit record highs at $X in 2020, and then reduced remarkably in the following year.

Chemical Contraceptive Preparations Production in Nigeria

In value terms, chemical contraceptive preparations production rose markedly to $X in 2021 estimated in export price. In general, production saw a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of 37%. Chemical contraceptive preparations production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

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Chemical Contraceptive Preparations Exports

Exports from Nigeria

In 2018, approx. X kg of chemical contraceptive preparations based on hormones or spermicides were exported from Nigeria; increasing by 300% against the previous year. Overall, 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, chemical contraceptive preparations exports skyrocketed to $X in 2018. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Gambia (X kg) and Cameroon (X kg) were the main destinations of chemical contraceptive preparations exports from Nigeria.

From 2013 to 2018, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cameroon (with a CAGR of 0.0%).

In value terms, Cameroon ($X) emerged as the key foreign market for chemical contraceptive preparations based on hormones or spermicides exports from Nigeria, comprising 87% of total exports. The second position in the ranking was taken by Gambia ($X), with a 13% share of total exports.

From 2013 to 2018, the average annual rate of growth in terms of value to Cameroon was relatively modest.

Export Prices by Country

The average chemical contraceptive preparations export price stood at $X per ton in 2018, picking up by 11% against the previous year. In general, the export price continues to indicate significant growth. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2018, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cameroon ($X per ton), while the average price for exports to Gambia totaled $X per ton.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+65.9%).

Chemical Contraceptive Preparations Imports

Imports into Nigeria

For the fourth consecutive year, Nigeria recorded growth in supplies from abroad of chemical contraceptive preparations based on hormones or spermicides, which increased by 1.6% to X tons in 2021. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 2,007% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, chemical contraceptive preparations imports reduced sharply to $X in 2021. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2018 with an increase of 1,914%. Imports peaked at $X in 2020, and then reduced sharply in the following year.

Imports by Country

Indonesia (X tons), Denmark (X tons) and the Netherlands (X tons) were the main suppliers of chemical contraceptive preparations imports to Nigeria, together accounting for 39% of total imports. China, India, Bangladesh, Hungary and Belgium lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +124.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) constituted the largest supplier of chemical contraceptive preparations based on hormones or spermicides to Nigeria, comprising 27% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Denmark totaled +82.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+92.7% per year) and China (+132.8% per year).

Import Prices by Country

The average chemical contraceptive preparations import price stood at $X per ton in 2021, falling by -50.3% against the previous year. Overall, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in 2019 an increase of 22% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chemical contraceptive preparations based on hormones or spermicides in the world?

The countries with the highest volumes of consumption in 2021 were Belgium, Finland and Ireland, with a combined 49% share of global consumption. The United States, India, the Netherlands, Nigeria, Germany and France lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of chemical contraceptive preparations based on hormones or spermicides in the world?

The countries with the highest volumes of production in 2021 were Belgium, Ireland and Finland, with a combined 53% share of global production.

What are the leading suppliers of chemical contraceptive preparations based on hormones or spermicides to Nigeria?

In value terms, Denmark constituted the largest supplier of chemical contraceptive preparations based on hormones or spermicides to Nigeria, comprising 27% of total imports. The second position in the ranking was taken by the Netherlands, with a 13% share of total imports. It was followed by China, with an 11% share.

What are the leading importers of chemical contraceptive preparations based on hormones or spermicides from Nigeria?

In value terms, Cameroon $655) emerged as the key foreign market for chemical contraceptive preparations based on hormones or spermicides exports from Nigeria, comprising 87% of total exports. The second position in the ranking was taken by Gambia $100), with a 13% share of total exports.

What is the average export price for chemical contraceptive preparations based on hormones or spermicides in Nigeria?

In 2018, the average chemical contraceptive preparations export price amounted to $94,375 per ton, surging by 11% against the previous year.

What is the average import price for chemical contraceptive preparations based on hormones or spermicides in Nigeria?

In 2021, the average chemical contraceptive preparations import price amounted to $17,061 per ton, with a decrease of -50.3% against the previous year.

This report provides an in-depth analysis of the chemical contraceptive preparations 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 21202200 - Chemical contraceptive preparations based on hormones or spermicides

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

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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:

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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