Report Update Apr 1, 2024

Nigeria - Uncoated Filter Paper and Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Uncoated Filter Paper Market 2024

Uncoated Filter Paper Market Size in Nigeria

The Nigerien uncoated filter paper market soared to $X in 2022, increasing by 16% 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). Overall, consumption enjoyed a resilient increase. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Uncoated Filter Paper Exports

Exports from Nigeria

After seven years of growth, shipments abroad of uncoated filter paper and paperboard decreased by -5% to X kg in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 137%. Over the period under review, the exports attained the maximum at X kg in 2021, and then shrank in the following year.

In value terms, uncoated filter paper exports fell to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 81%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for uncoated filter paper exports from Nigeria, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Cote d'Ivoire amounted to +21.5%.

In value terms, Cote d'Ivoire ($X) also remains the key foreign market for uncoated filter paper and paperboard exports from Nigeria.

From 2012 to 2022, the average annual growth rate of value to Cote d'Ivoire stood at +31.2%.

Export Prices by Country

The average uncoated filter paper export price stood at $X per ton in 2022, falling by -3.5% against the previous year. In general, the export price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 126%. The export price peaked at $X per ton in 2021, and then declined slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +8.1% per year.

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Uncoated Filter Paper Imports

Imports into Nigeria

In 2022, imports of uncoated filter paper and paperboard into Nigeria amounted to X tons, growing by 14% against the previous year. In general, imports saw resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 137%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, uncoated filter paper imports soared to $X in 2022. Overall, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 122%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, the UK (X tons) constituted the largest uncoated filter paper supplier to Nigeria, with a 63% share of total imports. Moreover, uncoated filter paper imports from the UK exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Sri Lanka (X tons) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK stood at +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.9% per year) and Sri Lanka (+21.7% per year).

In value terms, the UK ($X) constituted the largest supplier of uncoated filter paper and paperboard to Nigeria, comprising 81% of total imports. The second position in the ranking was taken by China ($X), with a 7.6% share of total imports. It was followed by Sri Lanka, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value from the UK stood at +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.8% per year) and Sri Lanka (+17.7% per year).

Import Prices by Country

In 2022, the average uncoated filter paper import price amounted to $X per ton, surging by 2% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, uncoated filter paper import price increased by +11.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 86% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for uncoated filter paper and paperboard in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and India, with a combined 49% share of global consumption.

What are the largest producers of uncoated filter paper and paperboard in the world?

China constituted the country with the largest volume of uncoated filter paper production, accounting for 27% of total volume. Moreover, uncoated filter paper production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was held by India, with a 10% share.

What are the leading suppliers of uncoated filter paper and paperboard to Nigeria?

In value terms, the UK constituted the largest supplier of uncoated filter paper and paperboard to Nigeria, comprising 81% of total imports. The second position in the ranking was taken by China, with a 7.6% share of total imports. It was followed by Sri Lanka, with a 6.4% share.

What are the leading importers of uncoated filter paper and paperboard from Nigeria?

In value terms, Cote d'Ivoire remains the key foreign market for uncoated filter paper and paperboard exports from Nigeria.

What is the average export price for uncoated filter paper and paperboard in Nigeria?

The average uncoated filter paper export price stood at $32,108 per ton in 2022, shrinking by -3.5% against the previous year.

What is the average import price for uncoated filter paper and paperboard in Nigeria?

The average uncoated filter paper import price stood at $6,438 per ton in 2022, rising by 2% against the previous year.

This report provides an in-depth analysis of the uncoated filter paper 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.

Product coverage:

Prodcom 17124330 - Uncoated filter paper and paperboard in rolls or sheets

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023