Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Nigeria - 2022

Contents:

  1. Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Nigeria (CIF) - 2022
  2. Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Nigeria

Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Nigeria (CIF) - 2022

In 2022, the average import price for wood; assembled flooring panels, multilayer, other than mosaic amounted to $2,770 per ton, waning by -32.2% against the previous year. Overall, the import price saw a perceptible decrease. The pace of growth was the most pronounced in 2020 an increase of 29%. As a result, import price attained the peak level of $5,322 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 China ($8,748 per ton), while the price for Turkey ($309 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.1%), while the prices for the other major suppliers experienced a decline.

Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Nigeria

Imports of wood; assembled flooring panels, multilayer, other than mosaic into Nigeria surged to 3.2 tons in 2022, increasing by 32% against the year before. In general, imports, however, saw a sharp reduction. The pace of growth was the most pronounced in 2021 when imports increased by 66%.

In value terms, imports of wood; assembled flooring panels, multilayer, other than mosaic declined to $8.7K in 2022. Overall, imports, however, continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year.

Import of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23.96.48.37.4-32.3%
China0.50.20.70.711.9%
Spain2.00.40.40.3-46.9%
South Africa0.60.10.20.2-30.7%
Sweden0.40.10.10.1-37.0%
Others0.50.50.10.1-41.5%
Total27.97.79.88.7-32.2%

Top Suppliers of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic to Nigeria in 2022:

  1. Germany (2615.0 kg)
  2. Spain (232.0 kg)
  3. South Africa (132.0 kg)
  4. China (81.0 kg)
  5. Sweden (68.0 kg)

Source: IndexBox Market Intelligence Platform

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