Latest Report Update: Feb 25, 2019

Nigeria - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: T-Shirt Market Overview 2019

T-Shirt Market Size in Nigeria

The revenue of the t-shirt market in Nigeria amounted to $X in 2017, flattening at the previous year. In general, t-shirt consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when market value increased by X% y-o-y. In that year, the t-shirt market reached their peak level of $X. From 2011 to 2017, growth of the t-shirt market stood at a somewhat lower level.

T-Shirt Production in Nigeria

In 2017, approx. X tonnes of t-shirts were produced in Nigeria; remaining constant against the previous year. In general, t-shirt production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. The t-shirt production peaked of X tonnes in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

T-Shirt Exports by Country from Nigeria

Algeria (X tonnes), China (X tonnes) and Benin (X tonnes) were the main destinations of t-shirt exports from Nigeria, together comprising X% of total exports. These countries were followed by South Africa, Germany, Rwanda, the U.S., Ghana, Cote d'Ivoire, Qatar, Ireland and Canada, which together accounted for a further X%.

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

In value terms, Algeria ($X), China ($X) and Benin ($X) were the largest markets for t-shirt exported from Nigeria worldwide, together accounting for X% of total exports. These countries were followed by Germany, Cote d'Ivoire, Canada, Rwanda, Ghana, Qatar, the U.S., South Africa and Ireland, which together accounted for a further X%.

Ghana (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main countries of destinationover the last decade, while the other leaders experienced more modest paces of growth.

T-Shirt Export Prices by Country in Nigeria

The average t-shirt export price stood at X in 2017, remaining constant against by -% against the previous year. Over the last decade, it decreased at an average annual rate of nan%. The pace of growth was the most pronounced in 2008, when it surged by -% y-o-y.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Canada ($X per tonne), while average price for exports to South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Cote d'Ivoire (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

T-Shirt Imports into Nigeria

T-shirt imports into Nigeria totaled X tonnes in 2017, declining by -X% against the previous year. Overall, t-shirt imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. The imports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, t-shirt imports amounted to $X in 2017. In general, t-shirt imports continue to indicate a deep curtailment. The imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

T-Shirt Imports by Country into Nigeria

In 2017, Viet Nam (X tonnes) constituted the largest t-shirt supplier to Nigeria, with a X% share of total imports. Moreover, t-shirt imports from Viet Nam exceeded the figures recorded by the second largest supplier, China (X tonnes), twofold. Cote d'Ivoire (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual growth rate of volume from Viet Nam totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Cote d'Ivoire (-X% per year).

In value terms, Viet Nam ($X) constituted the largest supplier of t-shirt to Nigeria, making up X% of total t-shirt imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.

From 2007 to 2017, the average annual growth rate of value from Viet Nam stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Cote d'Ivoire (-X% per year).

T-Shirt Import Prices by Country in Nigeria

In 2017, the average t-shirt import price amounted to $X per tonne, approximately equating the previous year. Overall, t-shirt import price continues to indicate a slight downturn. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. Over the period under review, the average import prices for t-shirts attained its maximum level of $X per tonne in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per tonne), while prices for t-shirt imports from Cote d'Ivoire ($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 Benin (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 14143000 - T-shirts, singlets and vests, knitted or crocheted

This report provides an in-depth analysis of the t-shirt 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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