Nigeria - Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Thread Woven Fabric in Nigeria - 2022
Contents:
- Price for Metal Thread Woven Fabric in Nigeria (CIF) - 2022
- Price for Metal Thread Woven Fabric in Nigeria (FOB) - 2022
- Imports of Metal Thread Woven Fabric in Nigeria
- Exports of Metal Thread Woven Fabric in Nigeria
Price for Metal Thread Woven Fabric in Nigeria (CIF) - 2022
The average metal thread woven fabric import price stood at $72 per square meter in 2022, stabilizing at the previous year. Overall, the import price, however, showed a slight contraction. The import price peaked at $74 per square meter in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 Turkey ($0.9 per square meter), while the price for Germany ($0.2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.8%), while the prices for the other major suppliers experienced a decline.
Price for Metal Thread Woven Fabric in Nigeria (FOB) - 2022
In 2022, the average metal thread woven fabric export price amounted to $36 per square meter, dropping by -47.1% against the previous year. In general, the export price, however, showed significant growth. The pace of growth appeared the most rapid in 2021 an increase of 253%. As a result, the export price attained the peak level of $67 per square meter, and then declined notably in the following year.
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 Benin ($279 per square meter), while the average price for exports to Niger ($18 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Benin (+42.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Thread Woven Fabric in Nigeria
In 2022, after three years of growth, there was significant decline in supplies from abroad of woven fabrics of metal thread and woven fabrics of metallised yarn, when their volume decreased by -42.9% to 3.2K square meters. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 604% against the previous year. As a result, imports reached the peak of 5.7K square meters, and then contracted dramatically in the following year.
In value terms, metal thread woven fabric imports shrank markedly to $233K in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 587%. As a result, imports attained the peak of $407K, and then declined rapidly in the following year.
Import of Metal Thread Woven Fabric in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.9 | 32.8 | 368 | 212 | 318.1% |
Turkey | 10.9 | 19.8 | 29.0 | 16.2 | 14.1% |
Germany | 1.0 | 1.8 | 2.6 | 1.4 | 11.9% |
Others | 3.9 | 4.9 | 7.0 | 4.0 | 0.8% |
Total | 18.6 | 59.3 | 407 | 233 | 132.2% |
Top Suppliers of Metal Thread Woven Fabric to Nigeria in 2022:
- China (235.9K square meters)
- Turkey (18.0K square meters)
- Germany (8.4K square meters)
Exports of Metal Thread Woven Fabric in Nigeria
In 2022, exports of woven fabrics of metal thread and woven fabrics of metallised yarn from Nigeria surged to 169 square meters, increasing by 46% on 2021. Over the period under review, exports, however, faced a deep setback. Over the period under review, the exports attained the peak figure at 222 square meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, metal thread woven fabric exports contracted significantly to $6K in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 550% against the previous year. The exports peaked at $7.8K in 2021, and then contracted remarkably in the following year.
Export of Metal Thread Woven Fabric in Nigeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | 299 | 288 | 232 | 286 | -1.5% |
Benin | 238 | 150 | 58.0 | 113 | -22.0% |
Niger | 109 | 96.0 | 70.0 | 79.0 | -10.2% |
Others | 4.0 | 3,689 | 7,437 | 5,532 | 1014.1% |
Total | 650 | 4,223 | 7,797 | 6,010 | 109.9% |
Top Export Markets for Metal Thread Woven Fabric from Nigeria in 2022:
- Niger (5.0 square meters)
- Ghana (2.0 square meters)
This report provides an in-depth analysis of the market for metal thread woven fabric 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 13961200 - Woven fabrics of metal thread and woven fabrics of metallised yarn, used in apparel, as furnishing fabrics or similar purposes
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 metal thread woven fabric in Nigeria.
This report provides an in-depth analysis of the global market for metal thread woven fabric.
This report provides an in-depth analysis of the market for metal thread woven fabric in Nigeria.
This report provides an in-depth analysis of the global market for metal thread woven fabric.
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