Feb 24, 2019

Nigeria - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights

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Nigeria: Ethylene Polymer Bag Market Overview 2019

Ethylene Polymer Bag Market Size in Nigeria

The revenue of the ethylene polymer bag market in Nigeria amounted to $X in 2017, coming up by X% against the previous year. In general, ethylene polymer bag consumption continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2011, when market value increased by X% against the previous year. Nigeria ethylene polymer bag consumption peaked in 2017, and is expected to retain its growth in the near future.

Ethylene Polymer Bag Production in Nigeria

In 2017, approx. X tonnes of sacks and bags of polymers of ethylene were produced in Nigeria; growing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2012, with an increase of X% against the previous year. Nigeria ethylene polymer bag production peaked in 2017, and is expected to retain its growth in the near future.

Ethylene Polymer Bag Exports from Nigeria

In 2017, ethylene polymer bag exports from Nigeria amounted to X tonnes, coming down by -X% against the previous year. In general, ethylene polymer bag exports continue to indicate an abrupt drop. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. In that year, the ethylene polymer bag exports reached their peak volume of X tonnes. From 2010 to 2017, growth of the ethylene polymer bag exports stood at a somewhat lower level.

In value terms, ethylene polymer bag exports totaled $X in 2017. In general, ethylene polymer bag exports continue to indicate a deep curtailment. In that year, the ethylene polymer bag exports reached their peak level of $X. From 2010 to 2017, growth of the ethylene polymer bag exports failed to regain its momentum.

Ethylene Polymer Bag Exports by Country from Nigeria

China represented the largest exporter of sacks and bags of polymers of ethylene in the world, with the volume of exports resulting at X tonnes, which was approx. X% of total exports in 2017. It was distantly followed by Thailand (X tonnes), Germany (X tonnes) and the U.S. (X tonnes), together achieving X% share of total exports. Malaysia (X tonnes), Canada (X tonnes), Viet Nam (X tonnes), Poland (X tonnes), Italy (X tonnes), the Netherlands (X tonnes), the UK (X tonnes) and Indonesia (X tonnes) held the minor share of total exports.

China experienced a relatively flat trend pattern of sacks and bags of polymers of ethylene exports. At the same time, Viet Nam (+X%), Poland (+X%), Italy (+X%), the U.S. (+X%), Indonesia (+X%), Germany (+X%), the UK (+X%), Canada (+X%), the Netherlands (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, Malaysia (-X%) illustrated a downward trend over the same period. While the share of Germany (-X%), Poland (-X%), the U.S. (-X%) and Viet Nam (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ethylene polymer bag supplier from Nigeria, making up X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and the U.S. (+X% per year).

Ethylene Polymer Bag Export Prices by Country in Nigeria

The ethylene polymer bag export price in Nigeria stood at $X per tonne in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. Over the period under review, the export prices for sacks and bags of polymers of ethylene attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was the U.S. ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Ethylene Polymer Bag Imports into Nigeria

Ethylene polymer bag imports into Nigeria amounted to X tonnes in 2017, jumping by X% against the previous year. In general, ethylene polymer bag imports continue to indicate a remarkable growth. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. Nigeria imports peaked of X tonnes in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, ethylene polymer bag imports totaled $X in 2017. Overall, ethylene polymer bag imports continue to indicate a remarkable increase. Over the period under review, the ethylene polymer bag imports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Ethylene Polymer Bag Imports by Country into Nigeria

The U.S. (X tonnes) and Japan (X tonnes) represented roughly X% of total imports of sacks and bags of polymers of ethylene in 2017. It was distantly followed by Germany (X tonnes), the UK (X tonnes), the Netherlands (X tonnes) and France (X tonnes), together committing X% share of total imports. Australia (X tonnes), Canada (X tonnes), Belgium (X tonnes), Mexico (X tonnes), China, Hong Kong SAR (X tonnes) and Spain (X tonnes) occupied the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nigeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by the UK, Canada, France, Australia, the Netherlands, Mexico, Belgium, China, Hong Kong SAR, Spain and Nigeria, which together accounted for a further X%.

Nigeria (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Ethylene Polymer Bag Import Prices by Country in Nigeria

In 2017, the ethylene polymer bag import price in Nigeria amounted to $X per tonne, stabilizing at the previous year. In general, ethylene polymer bag import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when the import prices increased by X% year-to-year. Over the period under review, the import prices for sacks and bags of polymers of ethylene reached its peak figure level of $X per tonne in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per tonne), while the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• CPC 36410 -
• JSIC 1331 -
• JSIC 1392 -
• JSIC 1499 -
• JSIC 1811 -
• JSIC 1812 -
• JSIC 1813 -
• JSIC 1814 -
• JSIC 1815 -
• JSIC 1821 -
• JSIC 1822 -
• JSIC 1823 -
• JSIC 1825 -
• JSIC 1831 -
• JSIC 1832 -
• JSIC 1833 -
• JSIC 1834 -
• JSIC 1841 -
• JSIC 1842 -
• JSIC 1843 -
• JSIC 1844 -
• JSIC 1845 -
• JSIC 1851 -
• JSIC 1852 -
• JSIC 1891 -
• JSIC 1892 -
• JSIC 1897 -
• JSIC 1898 -
• JSIC 1922 -
• Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)

This report provides an in-depth analysis of the ethylene polymer bag 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 2025.


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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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