Latest Report Update: Feb 23, 2019

Nigeria - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Cyclic Hydrocarbons Market Overview 2019

Cyclic Hydrocarbons Market Size in Nigeria

The revenue of the cyclic hydrocarbons market in Nigeria amounted to $X in 2017, shrinking by -X% against the previous year. Overall, cyclic hydrocarbons consumption continues to indicate a drastic setback. The pace of growth appeared the most rapid in 2011, when market value increased by X% year-to-year. The cyclic hydrocarbons consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Cyclic Hydrocarbons Production in Nigeria

In 2017, approx. X tonnes of cyclic hydrocarbons were produced in Nigeria; coming down by -X% against the previous year. Overall, cyclic hydrocarbons production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The cyclic hydrocarbons production peaked of X tonnes in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Cyclic Hydrocarbons Exports from Nigeria

In 2017, exports of cyclic hydrocarbons from Nigeria stood at X tonnes, declining by -X% against the previous year. In general, cyclic hydrocarbons exports continue to indicate a deep deduction. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. Over the period under review, the cyclic hydrocarbons exports reached its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, cyclic hydrocarbons exports amounted to $X in 2017. Overall, cyclic hydrocarbons exports continue to indicate a deep decrease. Over the period under review, the cyclic hydrocarbons exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Cyclic Hydrocarbons Exports by Country from Nigeria

The UK (X tonnes) was the main destination of cyclic hydrocarbons exports from Nigeria, accounting for approx. X% share of total exports.

From 2007 to 2017, the average annual growth rate of volume to the UK stood at -X%.

In value terms, the UK ($X) also remains the key foreign market for cyclic hydrocarbons exports from Nigeria.

From 2007 to 2017, the average annual rate of growth in terms of value to the UK totaled -X%.

Cyclic Hydrocarbons Export Prices by Country in Nigeria

In 2017, the average cyclic hydrocarbons export price amounted to $X per tonne, growing by X% against the previous year. Overall, cyclic hydrocarbons export price continues to indicate a measured reduction. The most prominent rate of growth was recorded in 2014, an increase of X% year-to-year. The export price peaked of $X per tonne in 2007; however, from 2008 to 2017, it failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to the UK (-X% per year).

Cyclic Hydrocarbons Imports into Nigeria

Cyclic hydrocarbons imports into Nigeria totaled X tonnes in 2017, surging by X% against the previous year. In general, the total imports indicated a slight increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cyclic hydrocarbons imports increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2010, when imports increased by X% y-o-y. In that year, the cyclic hydrocarbons imports attained their peak volume of X tonnes. From 2011 to 2017, growth of the cyclic hydrocarbons imports failed to regain its momentum.

In value terms, cyclic hydrocarbons imports totaled $X in 2017. In general, cyclic hydrocarbons imports continue to indicate a drastic setback. Over the period under review, the cyclic hydrocarbons imports attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Cyclic Hydrocarbons Imports by Country into Nigeria

South Korea (X tonnes), the Netherlands (X tonnes) and Afghanistan (X tonnes) were the main suppliers of cyclic hydrocarbons imports to Nigeria, with a combined X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Afghanistan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest cyclic hydrocarbons suppliers to Nigeria were South Korea ($X), the Netherlands ($X) and Afghanistan ($X), with a combined X% share of total imports.

In terms of the main suppliers , Afghanistan (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Cyclic Hydrocarbons Import Prices by Country in Nigeria

In 2017, the average cyclic hydrocarbons import price amounted to $X per tonne, waning by -X% against the previous year. Overall, cyclic hydrocarbons import price continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2011, when the average import prices increased by X% y-o-y. The import price peaked of $X per tonne in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Spain ($X per tonne), while prices for cyclic hydrocarbons imports from the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Barbados (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 20141213 - Cyclohexane
• Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
• Prodcom 20141223 - Benzene
• Prodcom 20141225 - Toluene
• Prodcom 20141243 - o-Xylene
• Prodcom 20141245 - p-Xylene
• Prodcom 20141247 - m-Xylene and mixed xylene isomers
• Prodcom 20141250 - Styrene
• Prodcom 20141260 - Ethylbenzene
• Prodcom 20141270 - Cumene
• Prodcom 20141290 - Other cyclic hydrocarbons

This report provides an in-depth analysis of the cyclic hydrocarbons 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 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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