Latest Report Update: Jul 28, 2021

Nigeria - Compounds With Other Nitrogen Function (Excluding Isocyanates) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Nigeria: Overview of the Market for Compounds With Other Nitrogen Function (Excluding Isocyanates) 2021

Market Size for Compounds With Other Nitrogen Function (Excluding Isocyanates) in Nigeria

The Nigerien market for compounds with other nitrogen function (excluding isocyanates) was finally on the rise to reach $X in 2020, after two years of decline. In general, consumption posted buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2018 to 2020, the growth of the market remained at a lower figure.

Exports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Exports from Nigeria

Compounds with other nitrogen function exports from Nigeria amounted to X kg in 2020, leveling off at 2019 figures. Over the period under review, exports continue to indicate a abrupt downturn. Exports peaked at X tonnes in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, compounds with other nitrogen function exports amounted to $X in 2020. Overall, exports recorded a sharp reduction. Exports peaked at $X in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

Exports by Country

Niger (X tonnes) was the main destination for compounds with other nitrogen function exports from Nigeria, with a approx. X% share of total exports.

From 2007 to 2015, the average annual rate of growth in terms of volume to Niger stood at -X%.

From 2007 to 2015, the average annual rate of growth in terms of value to Niger stood at -X%.

Export Prices by Country

In 2015, the average export price for compounds with other nitrogen function (excluding isocyanates) amounted to $X per tonne, remaining constant against the previous year. In general, the export price faced a drastic downturn. The export price peaked at $X per tonne in 2009; however, from 2010 to 2015, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2007 to 2015, the rate of growth in terms of prices for Niger amounted to -X% per year.

Imports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Imports into Nigeria

In 2020, purchases abroad of compounds with other nitrogen function (excluding isocyanates) increased by X% to X tonnes for the first time since 2017, thus ending a two-year declining trend. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2018 to 2020, the growth imports failed to regain the momentum.

In value terms, compounds with other nitrogen function imports amounted to $X in 2020. Overall, imports posted a remarkable increase. The pace of growth was the most pronounced in 2017 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. From 2018 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Indonesia (X tonnes), China (X tonnes) and the U.S. (X tonnes) were the main suppliers of compounds with other nitrogen function imports to Nigeria, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S. (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest compounds with other nitrogen function suppliers to Nigeria were Indonesia ($X), China ($X) and the U.S. ($X), with a combined X% share of total imports.

Among the main suppliers, the U.S. (+X% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for compounds with other nitrogen function (excluding isocyanates) stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period under review, the import price recorded a deep setback. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for compounds with other nitrogen function (excluding isocyanates) in the world?
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The countries with the highest volumes of compounds with other nitrogen function consumption in 2020 were China (90K tonnes), the U.S. (57K tonnes) and Lao People's Democratic Republic (30K tonnes), with a combined 39% share of global consumption.
What are the largest producers of compounds with other nitrogen function (excluding isocyanates) in the world?
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China (169K tonnes) remains the largest compounds with other nitrogen function producing country worldwide, comprising approx. 38% of total volume. Moreover, compounds with other nitrogen function production in China exceeded the figures recorded by the second-largest producer, the U.S. (54K tonnes), threefold. The UK (29K tonnes) ranked third in terms of total production with a 6.6% share.
What are the leading suppliers of compounds with other nitrogen function (excluding isocyanates) to Nigeria?
+
In value terms, Indonesia ($485K), China ($463K) and the U.S. ($42K) appeared to be the largest compounds with other nitrogen function suppliers to Nigeria, with a combined 99% share of total imports.
What is the average export price for compounds with other nitrogen function (excluding isocyanates) in Nigeria?
+
The average export price for compounds with other nitrogen function (excluding isocyanates) stood at $843 per tonne in 2015, standing approx. at the previous year.
What is the average import price for compounds with other nitrogen function (excluding isocyanates) in Nigeria?
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In 2020, the average import price for compounds with other nitrogen function (excluding isocyanates) amounted to $1,947 per tonne, with a decrease of -6.9% against the previous year.

Product coverage:
• Prodcom 20144490 - Compounds with other nitrogen function (excluding isocyanates)

This report provides an in-depth analysis of the market for compounds with other nitrogen function 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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