Latest Report Update: Jan 1, 2020

Nigeria - Non-Coniferous Wood In Chips Or Particles - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Nigeria: Chipped Non-Coniferous Wood Market Overview 2020

Chipped Non-Coniferous Wood Market Size in Nigeria

The revenue of the chipped non-coniferous wood market in Nigeria amounted to $X in 2018, going up by X% against the previous year. Overall, the total market indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chipped non-coniferous wood consumption increased by +X% against 2014 indices. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Chipped non-coniferous wood consumption peaked in 2018 and is likely to continue its growth in the near future.

Chipped Non-Coniferous Wood Production in Nigeria

In value terms, chipped non-coniferous wood production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. In that year, chipped non-coniferous wood production reached its peak level and is likely to continue its growth in the immediate term.

Chipped Non-Coniferous Wood Exports

Exports from Nigeria

In 2018, the exports of non-coniferous wood in chips or particles from Nigeria totaled X tonnes, picking up by X% against the previous year. Overall, chipped non-coniferous wood exports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. In that year, chipped non-coniferous wood exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, chipped non-coniferous wood exports amounted to $X in 2018. Over the period under review, chipped non-coniferous wood exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, chipped non-coniferous wood exports reached their peak figure at $X in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Poland (X tonnes) was the main destination for chipped non-coniferous wood exports from Nigeria, with a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Poland was relatively modest.

From 2007 to 2018, the average annual growth rate of value to Poland was relatively modest.

Export Prices by Country

In 2018, the average chipped non-coniferous wood export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the chipped non-coniferous wood export price, however, continues to indicate a dramatic setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

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

From 2007 to 2018, the rate of growth in terms of prices for Poland amounted to X% per year.

Chipped Non-Coniferous Wood Imports

Imports into Nigeria

In 2014, the chipped non-coniferous wood imports into Nigeria totaled X tonnes, coming down by -X% against the previous year. In general, chipped non-coniferous wood imports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2014 with a decrease of -X% year-to-year. Over the period under review, chipped non-coniferous wood imports attained their peak figure at X tonnes in 2013, and then declined slightly in the following year.

In value terms, chipped non-coniferous wood imports stood at $X in 2014. Overall, chipped non-coniferous wood imports continue to indicate a precipitous downturn. The pace of growth was the most pronounced in 2014 with a decrease of -X% y-o-y. Over the period under review, chipped non-coniferous wood imports attained their peak figure at $X in 2013, and then declined slightly in the following year.

Imports by Country

China (X tonnes) and Germany (X tonnes) were the main suppliers of chipped non-coniferous wood imports to Nigeria. Moreover, chipped non-coniferous wood imports in China exceeded the figures recorded by the second-largest supplier, Germany, more than tenfold.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China.

In value terms, the largest chipped non-coniferous wood suppliers to Nigeria were China ($X) and Germany ($X). Moreover, chipped non-coniferous wood imports in China exceeded the figures recorded by the second-largest supplier, Germany, fivefold.

Among the main suppliers, China experienced the highest growth rate of imports, over the last eleven years.

Import Prices by Country

In 2018, the average chipped non-coniferous wood import price amounted to $X per tonne, leveling off at the previous year. Overall, the chipped non-coniferous wood import price continues to indicate an outstanding expansion. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. In that year, the average import prices for non-coniferous wood in chips or particles reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for non-coniferous wood in chips or particles remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for China totaled $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany.

Source: IndexBox Platform

Product coverage:
• Prodcom 16102305 - Non-coniferous wood in chips or particles

This report provides an in-depth analysis of the chipped non-coniferous wood 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.


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

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 2030
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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