Silk Fabric Market Overview in Nigeria
The size of the silk fabric market in Nigeria soared to $ in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. Silk fabric consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain the momentum.