| Product Code: ETC085088 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In 2024, Nigeria continued to see significant imports of barium sulphate, with China, India, Netherlands, Egypt, and Germany emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these major suppliers. Despite a notable compound annual growth rate (CAGR) of 7.31% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -23.77%. This data highlights the dynamic nature of the barium sulphate import market in Nigeria and the ongoing shifts in supply sources and growth patterns.

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 Nigeria Barium sulphate Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Barium sulphate Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Barium sulphate Market - Industry Life Cycle |
3.4 Nigeria Barium sulphate Market - Porter's Five Forces |
3.5 Nigeria Barium sulphate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Barium sulphate Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Nigeria Barium sulphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Barium sulphate Market Trends |
6 Nigeria Barium sulphate Market, By Types |
6.1 Nigeria Barium sulphate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Barium sulphate Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 Nigeria Barium sulphate Market Revenues & Volume, By Ordinary Precipitated Barium Sulphate, 2018 - 2027F |
6.1.4 Nigeria Barium sulphate Market Revenues & Volume, By Modified Barium Sulphate, 2018 - 2027F |
6.1.5 Nigeria Barium sulphate Market Revenues & Volume, By Nanometer Precipitated Barium Sulphate, 2018 - 2027F |
6.1.6 Nigeria Barium sulphate Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 Nigeria Barium sulphate Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Barium sulphate Market Revenues & Volume, By Coating Industry, 2018 - 2027F |
6.2.3 Nigeria Barium sulphate Market Revenues & Volume, By Pharmaceuticals Industry, 2018 - 2027F |
6.2.4 Nigeria Barium sulphate Market Revenues & Volume, By Rubber Industry, 2018 - 2027F |
6.2.5 Nigeria Barium sulphate Market Revenues & Volume, By Plastic Industry, 2018 - 2027F |
6.2.6 Nigeria Barium sulphate Market Revenues & Volume, By Others, 2018 - 2027F |
7 Nigeria Barium sulphate Market Import-Export Trade Statistics |
7.1 Nigeria Barium sulphate Market Export to Major Countries |
7.2 Nigeria Barium sulphate Market Imports from Major Countries |
8 Nigeria Barium sulphate Market Key Performance Indicators |
9 Nigeria Barium sulphate Market - Opportunity Assessment |
9.1 Nigeria Barium sulphate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Barium sulphate Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Nigeria Barium sulphate Market - Competitive Landscape |
10.1 Nigeria Barium sulphate Market Revenue Share, By Companies, 2021 |
10.2 Nigeria Barium sulphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
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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