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Nigeria - Saw Logs And Veneer Logs (Non-Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Overview of the Market for Saw Logs And Veneer Logs (Non-Coniferous) 2021

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Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Nigeria

In 2020, the Nigerien market for saw logs and veneer logs (non-coniferous) decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Over the period under review, consumption saw a noticeable decrease. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2010 to 2020, the growth of the market failed to regain the momentum.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Nigeria

In value terms, production of saw logs and veneer logs (non-coniferous) shrank notably to $X in 2020 estimated in export prices. Overall, production continues to indicate a deep contraction. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. As a result, production reached the peak level of $X. from 2010 to 2020, production growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from Nigeria

For the third consecutive year, Nigeria recorded decline in shipments abroad of saw logs and veneer logs (non-coniferous), which decreased by -X% to X cubic meters in 2020. Over the period under review, exports faced a dramatic decline. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X cubic meters in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) dropped sharply to $X in 2020. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Exports peaked at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

Slovakia (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from Nigeria, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Slovakia was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Slovakia was relatively modest.

Export Prices by Country

The average export price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2020, with a decrease of -X% against the previous year. In general, the export price showed a precipitous contraction. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. As a result, export price attained the peak level of $X per cubic meter. from 2010 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Slovakia amounted to X% per year.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into Nigeria

In 2020, the amount of saw logs and veneer logs (non-coniferous) imported into Nigeria surged to X cubic meters, rising by X% on the previous year's figure. Overall, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of saw logs and veneer logs (non-coniferous) soared to $X in 2020. In general, imports saw a moderate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Greece (X cubic meters), Hungary (X cubic meters) and Bosnia and Herzegovina (X cubic meters) were the main suppliers of imports of saw logs and veneer logs (non-coniferous) to Nigeria, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Greece (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Nigeria, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Greece, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Bosnia and Herzegovina amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Greece (+X% per year).

Import Prices by Country

The average import price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2020, dropping by -X% against the previous year. In general, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. As a result, import price attained the peak level of $X per cubic meter. from 2018 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per cubic meter), while the price for Greece ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saw logs and veneer logs (non-coniferous) in the world?
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The countries with the highest volumes of consumption of saw logs and veneer logs (non-coniferous) in 2020 were China (181M cubic meters), Brazil (102M cubic meters) and the U.S. (91M cubic meters), with a combined 41% share of global consumption. Indonesia, India, Viet Nam, Russia, Canada, Chile, Australia, Thailand, Finland and Malaysia lagged somewhat behind, together comprising a further 34%.
What are the largest producers of saw logs and veneer logs (non-coniferous) in the world?
+
The countries with the highest volumes of production of saw logs and veneer logs (non-coniferous) in 2020 were China (164M cubic meters), Brazil (103M cubic meters) and the U.S. (92M cubic meters), together accounting for 40% of global production. Indonesia, India, Russia, Viet Nam, Canada, Chile, Australia, Thailand and Malaysia lagged somewhat behind, together accounting for a further 33%.
What are the leading suppliers of saw logs and veneer logs (non-coniferous) to Nigeria?
+
In value terms, Bosnia and Herzegovina ($653K) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Nigeria, comprising 49% of total imports. The second position in the ranking was occupied by Germany ($245K), with a 18% share of total imports. It was followed by Greece, with a 14% share.
What is the average export price for saw logs and veneer logs (non-coniferous) in Nigeria?
+
The average export price for saw logs and veneer logs (non-coniferous) stood at $40 per cubic meter in 2020, shrinking by -89% against the previous year.
What is the average import price for saw logs and veneer logs (non-coniferous) in Nigeria?
+
The average import price for saw logs and veneer logs (non-coniferous) stood at $110 per cubic meter in 2020, dropping by -74.8% against the previous year.

Product coverage:
• FCL 1603 - Pulpwood, round and split, non-coniferous (production)
• FCL 1604 - Sawlogs and veneer logs, non-coniferous
• FCL 1626 - Other industrial roundwood, non-coniferous (production)

This report provides an in-depth analysis of the market for saw logs and veneer logs (non-coniferous) 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 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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