
Nigeria - Non-Soap Washing and Cleaning Preparations - Market Analysis, Forecast, Size, Trends and Insights
Nigeria: Market for Non-Soap Washing and Cleaning Preparations 2023
Market Size for Non-Soap Washing and Cleaning Preparations in Nigeria
In 2021, after six years of growth, there was decline in the Nigerien market for non-soap washing and cleaning preparations, when its value decreased by -0.1% to $X. Overall, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +103.3% against 2014 indices. Non-soap washing and cleaning preparations consumption peaked at $X in 2020, and then fell modestly in the following year.
Production of Non-Soap Washing and Cleaning Preparations in Nigeria
In value terms, non-soap washing and cleaning preparations production reached $X in 2021 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 19% against the previous year. Over the period under review, production hit record highs at $X in 2019; afterwards, it flattened through to 2021.
Exports of Non-Soap Washing and Cleaning Preparations
Exports from Nigeria
In 2021, after two years of decline, there was significant growth in overseas shipments of non-soap washing and cleaning preparations, when their volume increased by 20% to X tons. In general, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 32% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, non-soap washing and cleaning preparations exports declined slightly to $X in 2021. Overall, exports, however, faced a significant decline. The pace of growth appeared the most rapid in 2016 with an increase of 23%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
Ghana (X tons), Cote d'Ivoire (X tons) and Romania (X tons) were the main destinations of non-soap washing and cleaning preparations exports from Nigeria, with a combined 87% share of total exports. These countries were followed by Gambia, Cameroon, Senegal and the UK, which together accounted for a further 13%.
From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +140.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for non-soap washing and cleaning preparations exported from Nigeria were Cote d'Ivoire ($X), Ghana ($X) and Romania ($X), with a combined 89% share of total exports. These countries were followed by Senegal, Cameroon, Gambia and the UK, which together accounted for a further 11%.
Gambia, with a CAGR of +68.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for non-soap washing and cleaning preparations stood at $X per ton in 2021, with a decrease of -18.1% against the previous year. Overall, the export price recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by 17% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Gambia (+106.5%), while the prices for the other major destinations experienced a decline.
Imports of Non-Soap Washing and Cleaning Preparations
Imports into Nigeria
In 2021, overseas purchases of non-soap washing and cleaning preparations decreased by -23.6% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2020 when imports increased by 93%. As a result, imports reached the peak of X tons, and then reduced remarkably in the following year.
In value terms, non-soap washing and cleaning preparations imports reduced remarkably to $X in 2021. Overall, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.8% against 2018 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 65% against the previous year. As a result, imports attained the peak of $X, and then declined remarkably in the following year.
Imports by Country
In 2021, China (X tons) constituted the largest non-soap washing and cleaning preparations supplier to Nigeria, with a 49% share of total imports. Moreover, non-soap washing and cleaning preparations imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 5.3% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.0% per year) and Germany (+17.4% per year).
In value terms, China ($X) constituted the largest supplier of non-soap washing and cleaning preparations to Nigeria, comprising 49% of total imports. The second position in the ranking was taken by India ($X), with a 14% share of total imports. It was followed by Germany, with a 6% share.
From 2012 to 2021, the average annual growth rate of value from China totaled +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+0.2% per year) and Germany (+12.2% per year).
Import Prices by Country
In 2021, the average import price for non-soap washing and cleaning preparations amounted to $X per ton, declining by -5.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 26%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Congo ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for non-soap washing and cleaning preparations 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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