| Product Code: ETC8630187 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The needle coke import market in Nigeria saw significant growth in 2024, with the USA, China, India, and the UK emerging as top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 55.47% from 2020 to 2024 highlights the sector`s rapid expansion. Despite a slight slowdown in growth rate from 2023 to 2024 at 0.52%, the overall trend suggests a thriving market for needle coke 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 Needle Coke Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Needle Coke Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Needle Coke Market - Industry Life Cycle |
3.4 Nigeria Needle Coke Market - Porter's Five Forces |
3.5 Nigeria Needle Coke Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Needle Coke Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Nigeria Needle Coke Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Needle Coke Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Needle Coke Market Trends |
6 Nigeria Needle Coke Market, By Types |
6.1 Nigeria Needle Coke Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Needle Coke Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Needle Coke Market Revenues & Volume, By Petroleum Derived, 2021- 2031F |
6.1.4 Nigeria Needle Coke Market Revenues & Volume, By Coal Tar Pitch Derived, 2021- 2031F |
6.2 Nigeria Needle Coke Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Needle Coke Market Revenues & Volume, By Intermediate, 2021- 2031F |
6.2.3 Nigeria Needle Coke Market Revenues & Volume, By Premium, 2021- 2031F |
6.2.4 Nigeria Needle Coke Market Revenues & Volume, By Super Premium, 2021- 2031F |
6.3 Nigeria Needle Coke Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Needle Coke Market Revenues & Volume, By Graphite Electrodes, 2021- 2031F |
6.3.3 Nigeria Needle Coke Market Revenues & Volume, By Lithium-ion Batteries (Anode), 2021- 2031F |
6.3.4 Nigeria Needle Coke Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Needle Coke Market Import-Export Trade Statistics |
7.1 Nigeria Needle Coke Market Export to Major Countries |
7.2 Nigeria Needle Coke Market Imports from Major Countries |
8 Nigeria Needle Coke Market Key Performance Indicators |
9 Nigeria Needle Coke Market - Opportunity Assessment |
9.1 Nigeria Needle Coke Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Needle Coke Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Nigeria Needle Coke Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Needle Coke Market - Competitive Landscape |
10.1 Nigeria Needle Coke Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Needle Coke 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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