Price for Printed Matter in Single Sheets in Nigeria - 2022
Contents:
- Price for Printed Matter in Single Sheets in Nigeria (CIF) - 2022
- Price for Printed Matter in Single Sheets in Nigeria (FOB) - 2022
- Imports of Printed Matter in Single Sheets in Nigeria
- Exports of Printed Matter in Single Sheets in Nigeria
Price for Printed Matter in Single Sheets in Nigeria (CIF) - 2022
The average import price for printed matter in single sheets, whether or not folded stood at $5,812 per ton in 2022, reducing by -21.3% against the previous year. In general, the import price, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 an increase of 106% against the previous year. The import price peaked at $10,177 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($13,349 per ton), while the price for Lebanon ($2,624 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Printed Matter in Single Sheets in Nigeria (FOB) - 2022
In 2022, the average export price for printed matter in single sheets, whether or not folded amounted to $4,446 per ton, with a decrease of -8.5% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 68% against the previous year. As a result, the export price reached the peak level of $13,244 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($36,487 per ton), while the average price for exports to Angola ($229 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 the United States (+13.3%), while the prices for the other major destinations experienced a decline.
Imports of Printed Matter in Single Sheets in Nigeria
After three years of growth, supplies from abroad of printed matter in single sheets, whether or not folded decreased by -16.5% to 1.4K tons in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 137% against the previous year. As a result, imports attained the peak of 1.6K tons, and then reduced markedly in the following year.
In value terms, printed matter in single sheets imports contracted notably to $7.9M in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 388%. As a result, imports reached the peak of $12M, and then fell remarkably in the following year.
| Import of Printed Matter in Single Sheets in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 160 | 958 | 903 | 5,889 | 232.6% |
| United Kingdom | 246 | 83.6 | 246 | 511 | 27.6% |
| Malaysia | 52.7 | 29.7 | 179 | 364 | 90.4% |
| Romania | 0.1 | 0.3 | 373 | 291 | 1327.7% |
| Lebanon | 232 | 276 | 430 | 254 | 3.1% |
| China | 106 | 348 | 9,048 | 64.5 | -15.3% |
| United States | 785 | 144 | 20.1 | 11.8 | -75.3% |
| Others | 842 | 608 | 741 | 466 | -17.9% |
| Total | 2,424 | 2,448 | 11,940 | 7,852 | 48.0% |
Top Suppliers of Printed Matter in Single Sheets to Nigeria in 2022:
- India (1007.9 tons)
- Lebanon (96.7 tons)
- Malaysia (89.5 tons)
- United Kingdom (55.7 tons)
- Romania (47.1 tons)
- China (4.8 tons)
- United States (0.9 tons)
Exports of Printed Matter in Single Sheets in Nigeria
In 2022, the amount of printed matter in single sheets, whether or not folded exported from Nigeria surged to 36 tons, jumping by 122% against the previous year's figure. Over the period under review, exports, however, recorded a deep downturn.
In value terms, printed matter in single sheets exports soared to $159K in 2022. In general, exports, however, showed a abrupt contraction.
| Export of Printed Matter in Single Sheets in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 99.0 | 136 | 46.8 | 102 | 1.0% |
| United States | 29.5 | 42.8 | 12.3 | 22.5 | -8.6% |
| India | 5.5 | 7.5 | 2.6 | 5.6 | 0.6% |
| Barbados | 11.4 | 11.8 | 3.1 | 5.1 | -23.5% |
| United Kingdom | 10.5 | 8.9 | 2.6 | 3.0 | -34.1% |
| Russia | 2.1 | 2.8 | 0.9 | 1.8 | -5.0% |
| Ghana | 2.3 | 2.2 | 0.5 | 0.9 | -26.9% |
| Angola | 2.5 | 2.3 | 0.5 | 0.8 | -31.6% |
| Benin | 15.8 | 0.2 | 0.2 | 0.6 | -66.4% |
| United Arab Emirates | 1.0 | 1.1 | 0.3 | 0.5 | -20.6% |
| Others | 14.0 | 23.5 | 8.1 | 16.0 | 4.6% |
| Total | 194 | 239 | 78.0 | 159 | -6.4% |
Top Export Markets for Printed Matter in Single Sheets from Nigeria in 2022:
- Barbados (12.7 tons)
- China (10.2 tons)
- Angola (3.3 tons)
- Russia (2.0 tons)
- United Arab Emirates (1.7 tons)
- United States (0.6 tons)
- India (0.6 tons)
- Benin (0.5 tons)
- Ghana (0.4 tons)
- United Kingdom (0.3 tons)
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