| Product Code: ETC4482170 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In 2024, Nigeria`s import shipments of crude oil flow improvers (COFI) saw a shift in top exporting countries, with the USA, Metropolitan France, UK, UAE, and Spain leading the way. The market experienced a notable decrease in concentration from 2023 to 2024, indicating a more diversified import landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was -19.43%, reflecting a decline in demand over the period. Furthermore, the growth rate from 2023 to 2024 was -27.68%, highlighting a significant contraction in import volumes. These trends suggest a challenging market environment for COFI imports in Nigeria.

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 Crude Oil Flow Improvers (COFI) Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Crude Oil Flow Improvers (COFI) Market - Industry Life Cycle |
3.4 Nigeria Crude Oil Flow Improvers (COFI) Market - Porter's Five Forces |
3.5 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume Share, By Supply Mode, 2021 & 2031F |
3.7 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Crude Oil Flow Improvers (COFI) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for crude oil flow improvers in Nigeria due to the growth of the oil and gas industry. |
4.2.2 Focus on maximizing oil recovery rates to meet production targets. |
4.2.3 Government initiatives to enhance the efficiency and sustainability of oil production processes. |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting investment in oilfield chemicals, including flow improvers. |
4.3.2 Regulatory challenges and environmental concerns related to the use of chemicals in oil production. |
4.3.3 Competition from alternative technologies and solutions in the oilfield chemicals market. |
5 Nigeria Crude Oil Flow Improvers (COFI) Market Trends |
6 Nigeria Crude Oil Flow Improvers (COFI) Market, By Types |
6.1 Nigeria Crude Oil Flow Improvers (COFI) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Paraffin Inhibitors, 2021 - 2031F |
6.1.4 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Asphaltene Inhibitors, 2021 - 2031F |
6.1.5 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Scale Inhibitors, 2021 - 2031F |
6.1.6 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Drag-reducing Agents, 2021 - 2031F |
6.1.7 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Hydrate Inhibitors, 2021 - 2031F |
6.2 Nigeria Crude Oil Flow Improvers (COFI) Market, By Supply Mode |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Direct, 2021 - 2031F |
6.2.3 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Through Distributors, 2021 - 2031F |
6.3 Nigeria Crude Oil Flow Improvers (COFI) Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Extraction, 2021 - 2031F |
6.3.3 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Pipeline, 2021 - 2031F |
6.3.4 Nigeria Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Refinery, 2021 - 2031F |
7 Nigeria Crude Oil Flow Improvers (COFI) Market Import-Export Trade Statistics |
7.1 Nigeria Crude Oil Flow Improvers (COFI) Market Export to Major Countries |
7.2 Nigeria Crude Oil Flow Improvers (COFI) Market Imports from Major Countries |
8 Nigeria Crude Oil Flow Improvers (COFI) Market Key Performance Indicators |
8.1 Efficiency of crude oil flow improvers in reducing viscosity and improving flow rates. |
8.2 Adoption rate of advanced flow improver technologies in the Nigerian oil and gas sector. |
8.3 Environmental impact assessment of flow improver products and their compliance with regulations. |
9 Nigeria Crude Oil Flow Improvers (COFI) Market - Opportunity Assessment |
9.1 Nigeria Crude Oil Flow Improvers (COFI) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Crude Oil Flow Improvers (COFI) Market Opportunity Assessment, By Supply Mode, 2021 & 2031F |
9.3 Nigeria Crude Oil Flow Improvers (COFI) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Crude Oil Flow Improvers (COFI) Market - Competitive Landscape |
10.1 Nigeria Crude Oil Flow Improvers (COFI) Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Crude Oil Flow Improvers (COFI) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |