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Nigeria - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Wrapping Papers Market Overview 2021

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Wrapping Papers Market Size in Nigeria

The Nigerien wrapping papers market expanded rapidly to $X in 2020, picking up by X% 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 saw a pronounced expansion. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. Wrapping papers consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Wrapping Papers Exports

Exports from Nigeria

In 2020, overseas shipments of wrapping paper, packaging paper and paperboard increased by X% to X tonnes, rising for the fourth year in a row after two years of decline. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Exports peaked at X tonnes in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, wrapping papers exports skyrocketed to $X in 2020. In general, exports saw a remarkable increase. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the near future.

Exports by Country

Benin (X tonnes), Senegal (X tonnes) and Cote d'Ivoire (X tonnes) were the main destinations of wrapping papers exports from Nigeria, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Benin (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wrapping papers exported from Nigeria were Senegal ($X), Benin ($X) and Cote d'Ivoire ($X), together accounting for X% of total exports.

Cote d'Ivoire (+X% per year) 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 wrapping papers export price stood at $X per tonne in 2020, waning by -X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2019, and then dropped in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Cote d'Ivoire ($X per tonne), while the average price for exports to Benin ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Senegal, while the prices for the other major destinations experienced mixed trend patterns.

Wrapping Papers Imports

Imports into Nigeria

In 2020, approx. X tonnes of wrapping paper, packaging paper and paperboard were imported into Nigeria; picking up by X% against 2019. Overall, imports recorded a moderate expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, wrapping papers imports rose notably to $X in 2020. Over the period under review, imports posted a noticeable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

India (X tonnes), China (X tonnes) and Finland (X tonnes) were the main suppliers of wrapping papers imports to Nigeria, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in India, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Finland ($X) constituted the largest wrapping papers suppliers to Nigeria, together comprising X% of total imports.

In terms of the main suppliers, India recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average wrapping papers import price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wrapping paper, packaging paper and paperboard in the world?
+
China (7.7M tonnes) constituted the country with the largest volume of wrapping papers consumption, accounting for 38% of total volume. Moreover, wrapping papers consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2M tonnes), fourfold. The third position in this ranking was occupied by Italy (721K tonnes), with a 3.6% share.
What are the largest producers of wrapping paper, packaging paper and paperboard in the world?
+
China (7.1M tonnes) constituted the country with the largest volume of wrapping papers production, comprising approx. 36% of total volume. Moreover, wrapping papers production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.5M tonnes), threefold. Sweden (968K tonnes) ranked third in terms of total production with a 5% share.
What are the leading suppliers of wrapping paper, packaging paper and paperboard to Nigeria?
+
In value terms, China ($4.1M), India ($3M) and Finland ($3M) constituted the largest wrapping papers suppliers to Nigeria, with a combined 45% share of total imports.
What are the leading importers of wrapping paper, packaging paper and paperboard from Nigeria?
+
In value terms, the largest markets for wrapping papers exported from Nigeria were Senegal ($70K), Benin ($36K) and Cote d'Ivoire ($11K), together accounting for 79% of total exports.
What is the average export price for wrapping paper, packaging paper and paperboard in Nigeria?
+
In 2020, the average wrapping papers export price amounted to $1,476 per tonne, shrinking by -12.6% against the previous year.
What is the average import price for wrapping paper, packaging paper and paperboard in Nigeria?
+
The average wrapping papers import price stood at $1,006 per tonne in 2020, growing by 1.9% against the previous year.

Product coverage:
• FCL 1621 - Wrapping papers

This report provides an in-depth analysis of the wrapping papers 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 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 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, 2007–2020
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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