Nigeria - Paper And Paperboard, Excluding Newsprint - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Paper and Paperboard, Excluding Newsprint in Nigeria - 2022
Contents:
- Price for Paper and Paperboard, Excluding Newsprint in Nigeria (CIF) - 2022
- Price for Paper and Paperboard, Excluding Newsprint in Nigeria (FOB) - 2022
- Imports of Paper and Paperboard, Excluding Newsprint in Nigeria
- Exports of Paper and Paperboard, Excluding Newsprint in Nigeria
Price for Paper and Paperboard, Excluding Newsprint in Nigeria (CIF) - 2022
The average import price for paper and paperboard, excluding newsprint stood at $1,355 per ton in 2022, surging by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Belgium ($2,345 per ton), while the price for Thailand ($867 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paper and Paperboard, Excluding Newsprint in Nigeria (FOB) - 2022
The average export price for paper and paperboard, excluding newsprint stood at $1,023 per ton in 2022, with an increase of 15% against the previous year. In general, the export price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 28% against the previous year. The export price peaked at $1,322 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Liberia ($1,868 per ton), while the average price for exports to Benin ($313 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 Liberia (+3.6%), while the prices for the other major destinations experienced a decline.
Imports of Paper and Paperboard, Excluding Newsprint in Nigeria
In 2022, supplies from abroad of paper and paperboard, excluding newsprint decreased by -15.6% to 493K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 43%. As a result, imports attained the peak of 644K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, paper and paperboard, excluding newsprint imports rose sharply to $668M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 51% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Paper and Paperboard, Excluding Newsprint in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 68.1 | 145 | 174 | 238 | 51.8% |
| India | 56.0 | 77.3 | 108 | 132 | 33.1% |
| Indonesia | 82.3 | 77.3 | 56.7 | 102 | 7.4% |
| Germany | 17.3 | 44.1 | 32.1 | 33.9 | 25.1% |
| Finland | 9.8 | 21.8 | 15.0 | 13.6 | 11.5% |
| United States | 10.8 | 30.6 | 6.3 | 13.4 | 7.5% |
| Brazil | 21.6 | 23.8 | 15.1 | 10.3 | -21.9% |
| France | 8.3 | 9.9 | 8.0 | 10.0 | 6.4% |
| Sweden | 3.2 | 9.3 | 5.9 | 10.0 | 46.2% |
| Thailand | 7.0 | 5.7 | 4.3 | 8.0 | 4.6% |
| Belgium | 12.3 | 10.2 | 6.3 | 4.5 | -28.5% |
| Portugal | 5.0 | 8.5 | 12.0 | 3.3 | -12.9% |
| Australia | 26.2 | 26.7 | 30.2 | N/A | 7.4% |
| Others | 84.9 | 133 | 145 | 88.7 | 1.5% |
| Total | 413 | 623 | 620 | 668 | 17.4% |
Top Suppliers of Paper and Paperboard, Excluding Newsprint to Nigeria in 2022:
- China (146.0K tons)
- India (111.2K tons)
- Indonesia (80.3K tons)
- Germany (36.1K tons)
- Finland (12.6K tons)
- United States (9.7K tons)
- Thailand (9.2K tons)
- Sweden (8.8K tons)
- France (8.4K tons)
- Brazil (7.2K tons)
- Portugal (2.8K tons)
- Belgium (1.9K tons)
Exports of Paper and Paperboard, Excluding Newsprint in Nigeria
For the third year in a row, Nigeria recorded decline in shipments abroad of paper and paperboard, excluding newsprint, which decreased by -25.8% to 2.2K tons in 2022. In general, exports recorded a significant curtailment. The smallest decline of -22.5% was in 2020.
In value terms, paper and paperboard, excluding newsprint exports reduced to $2.2M in 2022. Overall, exports faced a deep downturn. The smallest decline of -8.3% was in 2020.
| Export of Paper and Paperboard, Excluding Newsprint in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 1,603 | 1,282 | 1,806 | 1,268 | -7.5% |
| Liberia | N/A | N/A | 328 | 287 | -12.5% |
| Senegal | 470 | 124 | 94.1 | 270 | -16.9% |
| Cameroon | 761 | 584 | 58.9 | 125 | -45.2% |
| Cote d'Ivoire | 280 | 282 | 63.4 | 121 | -24.4% |
| Benin | 272 | 471 | 38.1 | 62.9 | -38.6% |
| Others | 128 | 479 | 188 | 73.8 | -16.8% |
| Total | 3,514 | 3,222 | 2,577 | 2,207 | -14.4% |
Top Export Markets for Paper and Paperboard, Excluding Newsprint from Nigeria in 2022:
- Ghana (1319.2 tons)
- Senegal (208.6 tons)
- Benin (200.6 tons)
- Liberia (153.6 tons)
- Cameroon (118.6 tons)
- Cote d'Ivoire (115.0 tons)
This report provides an in-depth analysis of the market for paper and paperboard, excluding newsprint 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:
- FCL 1676 - Household and sanitary papers
- FCL 1617 - Case materials
- FCL 1618 - Cartonboard
- FCL 1621 - Wrapping papers
- FCL 1622 - Other papers mainly for packaging
- FCL 1683 - Other paper and paperboard n.e.s. (not elsewhere specified)
- FCL 1612 - Printing and writing papers, uncoated, mechanical
- FCL 1615 - Printing and writing papers, uncoated, wood free
- FCL 1616 - Printing and writing papers, coated
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
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