Nigeria: Paper Tablecloths Market 2024

Paper Tablecloths Market Size in Nigeria

The Nigerien paper tablecloths market expanded sharply to $X in 2022, increasing by X% against the previous year. In general, consumption, however, recorded a pronounced reduction. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Paper Tablecloths Production in Nigeria

In value terms, paper tablecloths production rose significantly to $X in 2022 estimated in export price. In general, production, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Paper tablecloths production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Paper Tablecloths Exports

Exports from Nigeria

In 2022, after three years of growth, there was significant decline in shipments abroad of paper tablecloths and serviettes, when their volume decreased by X% to X kg. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports reached the peak of X kg. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, paper tablecloths exports dropped markedly to $X in 2022. Over the period under review, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ghana (X kg) was the main destination for paper tablecloths exports from Nigeria, with a X% share of total exports. Moreover, paper tablecloths exports to Ghana exceeded the volume sent to the second major destination, Benin (X kg), ninefold. The third position in this ranking was held by Angola (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ghana stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (X% per year) and Angola (X% per year).

In value terms, Ghana ($X), Cote d'Ivoire ($X) and Benin ($X) were the largest markets for paper tablecloths exported from Nigeria worldwide, with a combined X% share of total exports. Angola and Canada lagged somewhat behind, together accounting for a further X%.

Angola, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average paper tablecloths export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (X%), while the prices for the other major destinations experienced a decline.

Paper Tablecloths Imports

Imports into Nigeria

In 2022, the amount of paper tablecloths and serviettes imported into Nigeria declined notably to X tons, falling by X% against 2021 figures. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, paper tablecloths imports reduced notably to $X in 2022. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest paper tablecloths supplier to Nigeria, accounting for a X% share of total imports. Moreover, paper tablecloths imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. France (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the largest paper tablecloths suppliers to Nigeria were the United States ($X), France ($X) and Kenya ($X), with a combined X% share of total imports.

In terms of the main suppliers, Kenya, with a CAGR of X.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper tablecloths import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price posted a notable expansion. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Egypt ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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