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Nigeria - Raw Silk (Not Thrown) - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Raw Silk Market Overview 2020

Raw Silk Market Size in Nigeria

The revenue of the raw silk market in Nigeria amounted to $X in 2017, coming down by -X% against the previous year. In general, raw silk consumption continues to indicate a deep downturn. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. Over the period under review, the raw silk market attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Raw Silk Production in Nigeria

Raw silk production in Nigeria amounted to X tonnes in 2017, jumping by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. The raw silk production peaked in 2017, and is likely to see steady growth in the near future.

Raw Silk Exports from Nigeria

Raw silk exports from Nigeria stood at X tonnes in 2017, increasing by X% against the previous year. In general, raw silk exports continue to indicate an outstanding increase. The pace of growth was the most pronounced in 2014, with an increase of X% against the previous year. Over the period under review, the raw silk exports attained its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, raw silk exports totaled $X in 2017. Overall, raw silk exports continue to indicate an outstanding expansion. Over the period under review, the raw silk exports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Raw Silk Export Prices by Country in Nigeria

Nigeria has no trade partners to describe.

Raw Silk Imports into Nigeria

In 2017, raw silk imports into Nigeria totaled X kg, leveling off at the previous year. Overall, raw silk imports continue to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2017, when imports increased by X% y-o-y. The imports peaked of X kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, raw silk imports stood at $X in 2017. Overall, raw silk imports continue to indicate a remarkable expansion. The imports peaked in 2017, and are likely to see steady growth in the near future.

Raw Silk Imports by Country into Nigeria

In 2017, China (X kg) was the main supplier of raw silk to Nigeria, accounting for X% share of total imports. Moreover, raw silk imports from China exceeded the figures recorded by the second largest supplier, India (X kg), sixfold.

From 2007 to 2017, the average annual growth rate of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of raw silk to Nigeria, making up X% of total raw silk imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports.

From 2007 to 2017, the average annual growth rate of value from China amounted to +X%.

Raw Silk Import Prices by Country in Nigeria

The average raw silk import price stood at $X per kg in 2017, surging by X% against the previous year. Overall, raw silk import price continues to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2013, when it surged by X% year-to-year. Over the period under review, the average import prices for raw silk attained its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Average import prices varied noticeably amongst the major supplying countries. In 2017, the highest prices were recorded for import prices from China ($X per kg) and India ($X per kg), while prices for raw silk imports from India ($X per kg) and China ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year).

Source: IndexBox AI Platform

Product coverage:
• Prodcom 13102100 - Raw silk (not thrown)

This report provides an in-depth analysis of the raw silk 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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