| Product Code: ETC13001181 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Nigeria`s polyester POY import market in 2024 continued to see strong dominance from top exporting countries such as China, Thailand, India, Denmark, and Spain. Despite a concerning high concentration level (HHI), the market experienced a significant decline in CAGR from 2020 to 2024 at -26.42%. However, there was a slight improvement in the growth rate from 2023 to 2024, standing at 3.58%. The market dynamics suggest a need for diversification in import sources to reduce dependency and enhance market stability.

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 Polyester POY Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polyester POY Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polyester POY Market - Industry Life Cycle |
3.4 Nigeria Polyester POY Market - Porter's Five Forces |
3.5 Nigeria Polyester POY Market Revenues & Volume Share, By Filament Type, 2021 & 2031F |
3.6 Nigeria Polyester POY Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Nigeria Polyester POY Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Nigeria Polyester POY Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.9 Nigeria Polyester POY Market Revenues & Volume Share, By Processing Technology, 2021 & 2031F |
4 Nigeria Polyester POY Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for polyester products in Nigeria's textile industry |
4.2.2 Growth in the construction industry leading to higher demand for polyester yarns |
4.2.3 Rising disposable income and changing consumer preferences favoring polyester products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Competition from other synthetic fibers like nylon and acrylic |
4.3.3 Challenges in waste management and environmental concerns related to polyester production |
5 Nigeria Polyester POY Market Trends |
6 Nigeria Polyester POY Market, By Types |
6.1 Nigeria Polyester POY Market, By Filament Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polyester POY Market Revenues & Volume, By Filament Type, 2021 - 2031F |
6.1.3 Nigeria Polyester POY Market Revenues & Volume, By Semi-Dull, 2021 - 2031F |
6.1.4 Nigeria Polyester POY Market Revenues & Volume, By Bright, 2021 - 2031F |
6.1.5 Nigeria Polyester POY Market Revenues & Volume, By Trilobal, 2021 - 2031F |
6.1.6 Nigeria Polyester POY Market Revenues & Volume, By Dope Dyed, 2021 - 2031F |
6.2 Nigeria Polyester POY Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polyester POY Market Revenues & Volume, By Apparel, 2021 - 2031F |
6.2.3 Nigeria Polyester POY Market Revenues & Volume, By Home Textiles, 2021 - 2031F |
6.2.4 Nigeria Polyester POY Market Revenues & Volume, By Industrial Textiles, 2021 - 2031F |
6.2.5 Nigeria Polyester POY Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3 Nigeria Polyester POY Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Polyester POY Market Revenues & Volume, By Weaving, 2021 - 2031F |
6.3.3 Nigeria Polyester POY Market Revenues & Volume, By Knitting, 2021 - 2031F |
6.3.4 Nigeria Polyester POY Market Revenues & Volume, By Embroidery, 2021 - 2031F |
6.3.5 Nigeria Polyester POY Market Revenues & Volume, By Sewing Threads, 2021 - 2031F |
6.4 Nigeria Polyester POY Market, By Grade |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Polyester POY Market Revenues & Volume, By Bright, 2021 - 2031F |
6.4.3 Nigeria Polyester POY Market Revenues & Volume, By Semi-Dull, 2021 - 2031F |
6.4.4 Nigeria Polyester POY Market Revenues & Volume, By Dope Dyed, 2021 - 2031F |
6.4.5 Nigeria Polyester POY Market Revenues & Volume, By Optical Bright, 2021 - 2031F |
6.5 Nigeria Polyester POY Market, By Processing Technology |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Polyester POY Market Revenues & Volume, By Direct Spinning, 2021 - 2031F |
6.5.3 Nigeria Polyester POY Market Revenues & Volume, By Melt Spinning, 2021 - 2031F |
6.5.4 Nigeria Polyester POY Market Revenues & Volume, By Others, 2021 - 2031F |
7 Nigeria Polyester POY Market Import-Export Trade Statistics |
7.1 Nigeria Polyester POY Market Export to Major Countries |
7.2 Nigeria Polyester POY Market Imports from Major Countries |
8 Nigeria Polyester POY Market Key Performance Indicators |
8.1 Average selling price of polyester POY in Nigeria |
8.2 Capacity utilization rate of polyester POY manufacturing plants in Nigeria |
8.3 Percentage of recycled polyester used in the production process |
9 Nigeria Polyester POY Market - Opportunity Assessment |
9.1 Nigeria Polyester POY Market Opportunity Assessment, By Filament Type, 2021 & 2031F |
9.2 Nigeria Polyester POY Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Nigeria Polyester POY Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Nigeria Polyester POY Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.5 Nigeria Polyester POY Market Opportunity Assessment, By Processing Technology, 2021 & 2031F |
10 Nigeria Polyester POY Market - Competitive Landscape |
10.1 Nigeria Polyester POY Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polyester POY 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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