| Product Code: ETC316609 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, Nigeria`s crude oil import shipments in 2024 saw a decline with a negative Compound Annual Growth Rate (CAGR) of -10.41% from 2020-2024 and a sharp growth rate decrease of -33.15% from 2023-2024. Key exporting countries to Nigeria include India, UK, USA, China, and Germany. The market dynamics suggest challenges and shifts in global trade patterns impacting Nigeria`s crude oil imports. Monitoring these trends will be crucial for stakeholders in the energy sector.

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 Cade Oil Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Cade Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Cade Oil Market - Industry Life Cycle |
3.4 Nigeria Cade Oil Market - Porter's Five Forces |
3.5 Nigeria Cade Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Cade Oil Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Nigeria Cade Oil Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Nigeria Cade Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nigeria Cade Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of cade oil for skincare and haircare |
4.2.2 Growing demand for natural and organic beauty products in the market |
4.2.3 Expansion of the beauty and personal care industry in Nigeria |
4.3 Market Restraints |
4.3.1 Limited availability of cade oil due to its niche market positioning |
4.3.2 Price volatility of cade oil due to fluctuations in raw material supply |
4.3.3 Lack of standardized quality control measures for cade oil production in Nigeria |
5 Nigeria Cade Oil Market Trends |
6 Nigeria Cade Oil Market, By Types |
6.1 Nigeria Cade Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Cade Oil Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Cade Oil Market Revenues & Volume, By Compound Essential Oil, 2021 - 2031F |
6.1.4 Nigeria Cade Oil Market Revenues & Volume, By Unilateral Essential Oil, 2021 - 2031F |
6.2 Nigeria Cade Oil Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Cade Oil Market Revenues & Volume, By Therapeutic Grade, 2021 - 2031F |
6.2.3 Nigeria Cade Oil Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Nigeria Cade Oil Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Cade Oil Market Revenues & Volume, By Pharmaceutical, 2021 - 2031F |
6.3.3 Nigeria Cade Oil Market Revenues & Volume, By Spa and Relaxation, 2021 - 2031F |
6.3.4 Nigeria Cade Oil Market Revenues & Volume, By Beauty Industry, 2021 - 2031F |
6.3.5 Nigeria Cade Oil Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Nigeria Cade Oil Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Cade Oil Market Revenues & Volume, By Business to Business, 2021 - 2031F |
6.4.3 Nigeria Cade Oil Market Revenues & Volume, By Supermarket/Hypermarket, 2021 - 2031F |
6.4.4 Nigeria Cade Oil Market Revenues & Volume, By Independent Retailers, 2021 - 2031F |
6.4.5 Nigeria Cade Oil Market Revenues & Volume, By Others, 2021 - 2031F |
7 Nigeria Cade Oil Market Import-Export Trade Statistics |
7.1 Nigeria Cade Oil Market Export to Major Countries |
7.2 Nigeria Cade Oil Market Imports from Major Countries |
8 Nigeria Cade Oil Market Key Performance Indicators |
8.1 Number of new skincare and haircare products featuring cade oil launched in the market |
8.2 Percentage increase in the use of natural and organic ingredients in beauty products |
8.3 Growth in the number of beauty and personal care stores stocking cade oil products |
8.4 Consumer satisfaction levels with cade oil-based products |
8.5 Number of partnerships or collaborations between local producers and international distributors to expand cade oil market reach |
9 Nigeria Cade Oil Market - Opportunity Assessment |
9.1 Nigeria Cade Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Cade Oil Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Nigeria Cade Oil Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Nigeria Cade Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nigeria Cade Oil Market - Competitive Landscape |
10.1 Nigeria Cade Oil Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Cade Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |