Nigeria - Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Nigeria - 2022
Contents:
- Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Nigeria (CIF) - 2022
- Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Nigeria (FOB) - 2022
- Imports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Nigeria
- Exports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Nigeria
Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Nigeria (CIF) - 2022
In 2022, the average import price for aluminium plates, sheets and strip of thickness over 0.2 mm amounted to $2,857 per ton, with an increase of 32% against the previous year. In general, the import price continues to indicate a notable increase. The pace of growth was the most pronounced in 2021 an increase of 79%. Over the period under review, average import prices attained the peak figure at $3,699 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($4,652 per ton), while the price for the United States ($381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+72.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Nigeria (FOB) - 2022
The average export price for aluminium plates, sheets and strip of thickness over 0.2 mm stood at $1,485 per ton in 2022, with an increase of 11% against the previous year. In general, the export price, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2017 an increase of 16% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,514 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Andorra ($38,890 per ton), while the average price for exports to Ghana ($257 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Andorra (+26.3%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Nigeria
In 2022, overseas purchases of aluminium plates, sheets and strip of thickness over 0.2 mm decreased by -16.9% to 5.3K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of aluminium plates, sheets and strip of thickness over 0.2 mm rose remarkably to $15M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Nigeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.5 | 10.5 | 8.9 | 11.2 | 5.6% |
India | 1.6 | 1.0 | 2.2 | 2.0 | 7.7% |
Thailand | N/A | N/A | N/A | 1.0 | 0% |
Egypt | N/A | N/A | 0.1 | 0.3 | 200.0% |
United States | 0.6 | 0.2 | N/A | N/A | -66.7% |
Others | 2.3 | 2.2 | 2.5 | 0.5 | -39.9% |
Total | 13.9 | 13.9 | 13.8 | 15.1 | 2.8% |
Top Suppliers of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm to Nigeria in 2022:
- China (4172.2 tons)
- India (510.5 tons)
- Thailand (221.8 tons)
- Egypt (202.3 tons)
- United States (74.5 tons)
Exports of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Nigeria
In 2022, overseas shipments of aluminium plates, sheets and strip of thickness over 0.2 mm decreased by -54.9% to 20 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a abrupt contraction.
In value terms, exports of aluminium plates, sheets and strip of thickness over 0.2 mm shrank dramatically to $29K in 2022. In general, exports faced a deep downturn.
Export of Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Andorra | 37.3 | N/A | 42.7 | 22.6 | -15.4% |
Burkina Faso | 4.8 | N/A | 6.3 | 3.6 | -9.1% |
Antigua and Barbuda | 7.4 | N/A | 4.6 | 1.8 | -37.6% |
Benin | 1.4 | N/A | 0.9 | 0.7 | -20.6% |
Ghana | 0.6 | N/A | 0.4 | 0.1 | -45.0% |
Japan | N/A | N/A | 2.8 | N/A | 0% |
India | 3.0 | N/A | N/A | N/A | 0% |
Others | 0.4 | N/A | 0.2 | 0.2 | -20.6% |
Total | 55.0 | N/A | 57.9 | 29.0 | -19.2% |
Top Export Markets for Aluminium Plate, Sheet and Strip of Thickness over 0.2 Mm from Nigeria in 2022:
- Burkina Faso (9.6 tons)
- Antigua and Barbuda (6.0 tons)
- Benin (2.4 tons)
- Ghana (0.6 tons)
- Andorra (0.6 tons)
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm 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 24422430 - Aluminium plates, sheets and strips > 0,2 mm thick
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Nigeria.
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Nigeria.
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Nigeria.
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Nigeria.
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
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