Report Update Apr 1, 2024

Nigeria - Modelling Pastes, Dental Wax and Dental Impression Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Modelling Pastes Market 2024

Modelling Pastes Market Size in Nigeria

The Nigerien modelling pastes market amounted to $X in 2022, picking up by X% against the previous year. In general, consumption enjoyed a remarkable increase. Modelling pastes consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Modelling Pastes Production in Nigeria

In value terms, modelling pastes production expanded remarkably to $X in 2022 estimated in export price. In general, production posted a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Modelling pastes production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Modelling Pastes Exports

Exports from Nigeria

In 2019, modelling pastes exports from Nigeria was estimated at X tons, remaining relatively unchanged against the previous year's figure. In general, exports showed a significant increase. The smallest decline of X% was in 2015. Over the period under review, the exports reached the peak figure in 2019 and are likely to see steady growth in the immediate term.

In value terms, modelling pastes exports amounted to $X in 2019. Overall, exports showed significant growth. The smallest decline of X% was in 2015. The exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for modelling pastes exports from Nigeria, with a approx. X% share of total exports.

From 2014 to 2019, the average annual growth rate of volume to the United States was relatively modest.

From 2014 to 2019, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2019, the average modelling pastes export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price saw a precipitous descent. The pace of growth appeared the most rapid in 2015 when the average export price decreased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2019, the export prices failed to regain momentum.

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

From 2014 to 2019, the rate of growth in terms of prices for the United States amounted to X% per year.

Modelling Pastes Imports

Imports into Nigeria

In 2022, overseas purchases of modelling pastes, dental wax and dental impression compounds decreased by X% to X kg, falling for the second year in a row after three years of growth. Over the period under review, imports recorded a dramatic decline. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, modelling pastes imports declined notably to $X in 2022. Overall, imports faced a sharp curtailment. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X kg), the UK (X kg) and South Africa (X kg) were the main suppliers of modelling pastes imports to Nigeria, together comprising X% of total imports. The United States, the Netherlands and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, France ($X) constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to Nigeria, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by China, with an X% share.

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

Import Prices by Country

In 2022, the average modelling pastes import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for modelling pastes, dental wax and dental impression compounds in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together accounting for 39% of global consumption. Japan, Nigeria, Mexico, Spain, Germany, Russia, France, Italy, Turkey and South Korea lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of modelling pastes, dental wax and dental impression compounds in the world?

China remains the largest modelling pastes producing country worldwide, comprising approx. 40% of total volume. Moreover, modelling pastes production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Japan ranked third in terms of total production with a 5.3% share.

What are the leading suppliers of modelling pastes, dental wax and dental impression compounds to Nigeria?

In value terms, France constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to Nigeria, comprising 61% of total imports. The second position in the ranking was held by the United States $638), with a 17% share of total imports. It was followed by China, with an 8.7% share.

What is the average export price for modelling pastes, dental wax and dental impression compounds in Nigeria?

The average modelling pastes export price stood at $1,010 per ton in 2019, therefore, remained relatively stable against the previous year.

What is the average import price for modelling pastes, dental wax and dental impression compounds in Nigeria?

In 2022, the average modelling pastes import price amounted to $11,049 per ton, surging by 318% against the previous year.

This report provides an in-depth analysis of the modelling pastes 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 20595230 - Modelling pastes, dental wax and dental impression compounds, other preparations for use in dentistry with a basis of plaster (including modelling pastes for children

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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