Nigeria - Nonwoven Textiles - Market Analysis, Forecast, Size, Trends and Insights
Nigeria: Nonwoven Textile Market Overview 2020
Nonwoven Textile Market Size in Nigeria
The revenue of the nonwoven textile market in Nigeria amounted to $X in 2018, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, nonwoven textile consumption continues to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2010 when the market value increased by X% year-to-year. Over the period under review, the nonwoven textile market reached its peak figure level in 2018 and is expected to retain its growth in the immediate term.
Nonwoven Textile Exports
Exports from Nigeria
Nonwoven textile exports from Nigeria amounted to X tonnes in 2018, shrinking by -X% against the previous year. In general, nonwoven textile exports, however, continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. In that year, nonwoven textile exports reached their peak of X tonnes. From 2014 to 2018, the growth of nonwoven textile exports remained at a lower figure.
In value terms, nonwoven textile exports totaled $X in 2018. Overall, nonwoven textile exports, however, continue to indicate a mild increase. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. In that year, nonwoven textile exports reached their peak of $X. From 2014 to 2018, the growth of nonwoven textile exports failed to regain its momentum.
Nonwoven Textile Imports
Imports into Nigeria
In 2018, the imports of nonwoven textiles into Nigeria totaled X tonnes, rising by X% against the previous year. Over the period under review, nonwoven textile imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the immediate term.
In value terms, nonwoven textile imports totaled $X in 2018. Over the period under review, nonwoven textile imports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2017, leveling off in the following year.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the nonwoven textile 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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