Report Nigeria - Pigments, Opacifiers and Colours for Ceramics, Enamelling or Glass - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 12, 2022

Nigeria - Pigments, Opacifiers and Colours for Ceramics, Enamelling or Glass - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2022

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Nigeria

The Nigerien pigments, opacifiers and colours market skyrocketed to $X in 2021, with an increase of X% against 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). Over the period under review, consumption saw significant growth. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in years to come.

Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports from Nigeria

In 2021, overseas shipments of pigments, opacifiers and colours for ceramics, enamelling or glass increased by X% to X tons, rising for the third consecutive year after five years of decline. Over the period under review, exports recorded prominent growth. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, pigments, opacifiers and colours exports skyrocketed to $X in 2021. Overall, exports showed strong growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Ghana (X tons) was the main destination for pigments, opacifiers and colours exports from Nigeria, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Ghana amounted to +X%.

In value terms, Ghana ($X) also remains the key foreign market for pigments, opacifiers and colours exports from Nigeria.

From 2012 to 2021, the average annual growth rate of value to Ghana amounted to +X%.

Export Prices by Country

The average pigments, opacifiers and colours export price stood at $X per ton in 2021, approximately reflecting the previous year. Over the period under review, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Ghana amounted to -X% per year.

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports into Nigeria

In 2021, pigments, opacifiers and colours imports into Nigeria surged to X tons, with an increase of X% on 2020 figures. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, pigments, opacifiers and colours imports skyrocketed to $X in 2021. Overall, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest pigments, opacifiers and colours supplier to Nigeria, accounting for a X% share of total imports. Moreover, pigments, opacifiers and colours imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and India (+X% per year).

In value terms, China ($X), India ($X) and Spain ($X) constituted the largest pigments, opacifiers and colours suppliers to Nigeria, with a combined X% share of total imports.

Among the main suppliers, India, with a CAGR of +X%, saw 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

In 2021, the average pigments, opacifiers and colours import price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for pigments, opacifiers and colours for ceramics, enamelling or glass in the world?
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The country with the largest volume of pigments, opacifiers and colours consumption was China, accounting for 20% of total volume. Moreover, pigments, opacifiers and colours consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.9% share.
What are the largest producers of pigments, opacifiers and colours for ceramics, enamelling or glass in the world?
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The countries with the highest volumes of pigments, opacifiers and colours production in 2021 were China, Spain and the United States, together accounting for 47% of global production. Italy, India, Japan, Russia, Indonesia, Brazil, Germany, France, South Korea and Mexico lagged somewhat behind, together accounting for a further 38%.
What are the leading suppliers of pigments, opacifiers and colours for ceramics, enamelling or glass to Nigeria?
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In value terms, the largest pigments, opacifiers and colours suppliers to Nigeria were China, India and Spain, with a combined 86% share of total imports.
What are the leading importers of pigments, opacifiers and colours for ceramics, enamelling or glass from Nigeria?
+
In value terms, Ghana remains the key foreign market for pigments, opacifiers and colours exports from Nigeria.
What is the average export price for pigments, opacifiers and colours for ceramics, enamelling or glass in Nigeria?
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The average pigments, opacifiers and colours export price stood at $3,423 per ton in 2021, remaining relatively unchanged against the previous year.
What is the average import price for pigments, opacifiers and colours for ceramics, enamelling or glass in Nigeria?
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In 2021, the average pigments, opacifiers and colours import price amounted to $1,574 per ton, with a decrease of -8.8% against the previous year.

This report provides an in-depth analysis of the market for pigments, opacifiers and colours 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 20302130 - Prepared pigments, opacifiers, colours and similar preparations for ceramics, enamelling or glass
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
REPORT DESCRIPTION
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 PRODUCT

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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