Nigeria: Common Clay Market Overview 2021

Common Clay Market Size in Nigeria

The Nigerien common clay market fell significantly to $X in 2019, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted moderate growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2013 to 2019, the growth of the market remained at a lower figure.

Common Clay Exports

Exports from Nigeria

Common clay exports from Nigeria declined markedly to X kg in 2019, reducing by -X% compared with 2018 figures. In general, exports faced a precipitous contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, common clay exports reduced rapidly to $X in 2019. Overall, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

Kenya (X kg) was the main destination for common clay exports from Nigeria, accounting for a X% share of total exports. Moreover, common clay exports to Kenya exceeded the volume sent to the second major destination, France (X kg), twofold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Kenya amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Ghana (+X% per year).

In value terms, the largest markets for common clay exported from Nigeria were France ($X), Ghana ($X) and Kenya ($X the main countries of destination, France saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2019, the average common clay export price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the export price, however, showed a notable expansion. The growth pace was the most rapid in 2012 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Ghana ($X per tonne), while the average price for exports to Kenya ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced a decline.

Common Clay Imports

Imports into Nigeria

In 2019, approx. X tonnes of common clay were imported into Nigeria; dropping by -X% on 2018. Overall, imports, however, continue to indicate noticeable growth. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2013 to 2019, the growth imports failed to regain the momentum.

In value terms, common clay imports fell sharply to $X in 2019. Over the period under review, imports, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2013 to 2019, the growth imports failed to regain the momentum.

Imports by Country

India (X tonnes), China (X tonnes) and the U.S. (X tonnes) were the main suppliers of common clay imports to Nigeria, together accounting for X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the U.S. ($X) and India ($X) appeared to be the largest common clay suppliers to Nigeria, with a combined X% share of total imports.

India (+X% per year) recorded the highest growth rate of 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

In 2019, the average common clay import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the import price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for clays in the world?

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China (56M tonnes) constituted the country with the largest volume of clay consumption, comprising approx. 24% of total volume. Moreover, clay consumption in China exceeded the figures recorded by the second-largest consumer, Russia (24M tonnes), twofold. Turkey (17M tonnes) ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of clays in the world?

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China (58M tonnes) remains the largest clay producing country worldwide, comprising approx. 25% of total volume. Moreover, clay production in China exceeded the figures recorded by the second-largest producer, Russia (22M tonnes), threefold. The third position in this ranking was occupied by Turkey (17M tonnes), with a 7.2% share.

What are the leading suppliers of clays to Nigeria?

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In value terms, China ($3M) constituted the largest supplier of clay to Nigeria, comprising 67% of total imports. The second position in the ranking was occupied by Turkey ($392K), with a 8.8% share of total imports. It was followed by Egypt, with a 8.6% share.

What are the leading importers of clays from Nigeria?

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In value terms, Italy ($4.7K), China ($2.6K) and Benin ($2.6K) appeared to be the largest markets for clay exported from Nigeria worldwide, together comprising 86% of total exports. These countries were followed by Belgium, Spain and Kenya, which together accounted for a further 4.4%.

What is the average export price for clays in Nigeria?

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The average clay export price stood at $227 per tonne in 2019, declining by -11.9% against the previous year.

What is the average import price for clays in Nigeria?

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In 2019, the average clay import price amounted to $246 per tonne, growing by 7.2% against the previous year.