| Product Code: ETC8614476 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of steel drums and intermediate bulk containers (IBCs) into Niger in 2024 were primarily sourced from China, Tunisia, France, Nigeria, and the United States. Despite the high Herfindahl-Hirschman Index (HHI) indicating significant market concentration, the industry experienced a notable decline with a Compound Annual Growth Rate (CAGR) of -21.8% from 2020 to 2024. The growth rate plummeted further in 2024, with a staggering -91.31% decrease compared to the previous year. This data suggests a challenging landscape for steel drum and IBC imports in Niger, potentially influenced by various economic factors and market conditions.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Overview |
3.1 Niger Country Macro Economic Indicators |
3.2 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, 2021 & 2031F |
3.3 Niger Steel Drums and Intermediate Bulk Container (IBC) Market - Industry Life Cycle |
3.4 Niger Steel Drums and Intermediate Bulk Container (IBC) Market - Porter's Five Forces |
3.5 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume Share, By Content, 2021 & 2031F |
3.7 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the oil and gas industry in Nigeria, leading to increased demand for steel drums and IBCs for storage and transportation of chemicals and lubricants. |
4.2.2 Expansion of the agricultural sector in Nigeria, driving the need for steel drums and IBCs for packaging and transporting fertilizers and pesticides. |
4.2.3 Government initiatives promoting industrial development and manufacturing in Nigeria, boosting the demand for steel drums and IBCs as packaging solutions. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as steel, impacting the production costs of steel drums and IBCs. |
4.3.2 Lack of infrastructure and logistics challenges in Nigeria affecting the distribution and transportation of steel drums and IBCs. |
4.3.3 Competition from alternative packaging solutions like plastic drums and flexitanks posing a threat to the market share of steel drums and IBCs. |
5 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Trends |
6 Niger Steel Drums and Intermediate Bulk Container (IBC) Market, By Types |
6.1 Niger Steel Drums and Intermediate Bulk Container (IBC) Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Drums, 2021- 2031F |
6.1.4 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By IBCs, 2021- 2031F |
6.2 Niger Steel Drums and Intermediate Bulk Container (IBC) Market, By Content |
6.2.1 Overview and Analysis |
6.2.2 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2.3 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Solid, 2021- 2031F |
6.2.4 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Semi-Solid, 2021- 2031F |
6.3 Niger Steel Drums and Intermediate Bulk Container (IBC) Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Chemicals, 2021- 2031F |
6.3.3 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Petroleum and Lubricants, 2021- 2031F |
6.3.4 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Paints, 2021- 2031F |
6.3.5 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Inks and Dyes, 2021- 2031F |
6.3.6 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.3.7 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.3.8 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenues & Volume, By Others, 2021- 2031F |
7 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Import-Export Trade Statistics |
7.1 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Export to Major Countries |
7.2 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Imports from Major Countries |
8 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Key Performance Indicators |
8.1 Average capacity utilization rate of steel drum and IBC manufacturing facilities in Nigeria. |
8.2 Percentage of steel drums and IBCs meeting quality standards and regulatory requirements. |
8.3 Adoption rate of sustainable practices in the production and recycling of steel drums and IBCs in Nigeria. |
9 Niger Steel Drums and Intermediate Bulk Container (IBC) Market - Opportunity Assessment |
9.1 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Opportunity Assessment, By Content, 2021 & 2031F |
9.3 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Niger Steel Drums and Intermediate Bulk Container (IBC) Market - Competitive Landscape |
10.1 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Revenue Share, By Companies, 2024 |
10.2 Niger Steel Drums and Intermediate Bulk Container (IBC) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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