Nigeria: Non-Knitted Men Apparel Market 2024

Non-Knitted Men Apparel Market Size in Nigeria

The Nigerien non-knitted men apparel market reduced slightly to $X in 2022, declining by X% against the previous year. In general, consumption, however, recorded a resilient increase. Non-knitted men apparel consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Non-Knitted Men Apparel Production in Nigeria

In value terms, non-knitted men apparel production declined to $X in 2022 estimated in export price. Overall, production, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Non-Knitted Men Apparel Exports

Exports from Nigeria

In 2022, the amount of men's or boys' clothing (not knitted or crocheted) exported from Nigeria dropped sharply to X units, declining by X% against the year before. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-knitted men apparel exports fell notably to $X in 2022. In general, exports saw a drastic downturn. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units) was the main destination for non-knitted men apparel exports from Nigeria, accounting for a X% share of total exports. Moreover, non-knitted men apparel exports to Brazil exceeded the volume sent to the second major destination, Niger (X units), fourfold. The third position in this ranking was held by South Africa (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (X% per year) and South Africa (X% per year).

In value terms, Niger ($X), the United States ($X) and South Africa ($X) appeared to be the largest markets for non-knitted men apparel exported from Nigeria worldwide, together accounting for X% of total exports. Canada, Bermuda, Brazil, Angola, Cyprus, South Korea and Kenya lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Angola, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-knitted men apparel export price amounted to $X per unit, falling by X% against the previous year. In general, the export price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports into Nigeria

After three years of decline, supplies from abroad of men's or boys' clothing (not knitted or crocheted) increased by X% to X units in 2022. In general, imports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, non-knitted men apparel imports soared to $X in 2022. Over the period under review, imports, however, showed a abrupt slump. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-knitted men apparel to Nigeria, with a X% share of total imports. Moreover, non-knitted men apparel imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was held by Japan (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of men's or boys' clothing (not knitted or crocheted) to Nigeria, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with an X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Japan (X% per year).

Import Prices by Country

The average non-knitted men apparel import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. The import price peaked at $X per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :